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.
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