£650,000
Est. Mortgage £2,965 per month*

9 bedroom property for sale

Woodland Road, Chelmsford CM1
property property
bedrooms 9 bedrooms

Property description

This is a 9 bedroom HMO in Chelmsford. With valuable amenities in close proximity, 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 9 bedrooms, shared bathrooms and wc, spacious lounge, kitchen, driveway and rear garden space.
Investment Details
It currently produces an annual gross income of £62,880 which could be increased by the new owner to a market rate of £68,712 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
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 are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, 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.

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First listed

Over a month ago

Woodland Road, Chelmsford CM1

Marketed by

Let Property - Glasgow Flat 2, 10 Victoria Circus Glasgow G12 9JY
Call agent on 0141 376 3809
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Monthly repayment
£2,965
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Let Property - Glasgow. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Let Property - Glasgow for full details and further information.