5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Shelley Road, Chelmsford, Essex, CM2
£340,000

Price History

Initial price £375,000
01/02/25 £340,000
Price Change -9.33%

Description

This 5-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio, with a tenant currently in situ and producing an annual gross income of £34,800, which could be increased to £36,000 with a market rate rent. The well-maintained property features 5 bedrooms, a three-piece bathroom and wc, lounge, kitchen, driveway, and rear garden space. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio. The current tenants have consistently paid their rent and have no plans to move out, making for a smooth transaction process.