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Shelley Road, Chelmsford CM2 5 bed semi
Shelley Road, Chelmsford CM2
£335,000
Shelley Road, Chelmsford CM2
£335,000
Price History
Initial price | £360,000 |
01/02/25 | £340,000 |
14/02/25 | £335,000 |
Price Change | -6.94% |
Description
This 5-bedroom HMO in Chelmsford offers a fantastic opportunity for investors to expand their portfolio. The well-maintained property features a lounge, kitchen, three-piece bathroom, and wc, as well as a driveway and rear garden space. Currently producing an annual gross income of £34,420, the property has the potential to increase its income to £36,000 with the new owner. The existing tenants, who have consistently paid their rent, have no intention of moving out, making it an attractive investment opportunity. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.