Semi-detached house for sale in Cherwell Drive, Chelmsford CM1

Six bedroom, fully occupied HMO for sale in Chelmsford with one en-suite room, two bathrooms and with a current annual rent roll of £39,900.

The rental amounts are as follows:

Room 1 - £600 pcm

Room 2 – £525 pcm

Room 3 – 650 pcm

Room 4 – £550 pcm

Room 5 – £550 pcm

Room 6 - £450 pcm

Rental Total £3,325 per month



3,325 x 12 = £39,900 per annum

The property is under full management by us and we can continue to provide this service giving you a hands off investment. We have zero voids at this property and it is always full. We believe rents could be increased with some redecoration to the property as it is over 5 years now since its last refurbishment.

Agents note

simple conversion back to residential:

Although this property is currently running as a fully licensed 6 bed HMO, it could be easily converted back to a standard 4 bed, 3 reception room family home with minimum effort. All that is required is the key locks to be removed from the 6 bedroom doors.