Byron Road, Chelmsford CM2

5 bedroom Semi-Detached House in Chelmsford

Under Offer
Offers Over £330,000
Current Yield 8.4 %
Potential Yield 9 %
Property Reference: 213404787
  • Semi-Detached House
  • 5 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 83 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • 5 Bedroom HMO
  • Driveway
  • Rear Garden Space
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a 5-bedroom HMO in Chelmsford. With valuable amenities nearby, rewarding rental returns, and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 5 bedrooms, a three-piece bathroom and WC, lounge, kitchen, driveway,and rear garden space.

Investment Details

It currently produces an annual gross income of £33,840 which the new owner could increase to a market rate of £36,000 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater detail on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: C
Property Reference: 213404787

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £2820
  • Potential Rent pcm: £3000
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years
  • Tenants means of funding: Employment
Property Reference: 213404787
Property Reference: 213404787

Property Location

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Request DetailsByron Road, Chelmsford CM2

Offers Over £330,000

Make an offer
Byron Road, Chelmsford CM2

Listing Price

Offers Over £330,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.