£530,000

Reduced < 14 days

6 bedroom end of terrace house for sale

Queen Street, Chelmsford, CM2

Chain-free

Reduced

01245 845822

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End of terrace house

6 bed

2 bath

EPC rating: E*

1,603 sq ft / 149 sq m

Key information

Tenure: Freehold

Council tax: Ask agent

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Freehold
Investment Opportunity
Sought after location
Council Tax - E
No Onward Chain
9% ROI
HMO

Prime Investment Opportunity: 10% NET Return HMO Property Currently Generating £48,000 Per Annum

McCartney Sales presents an outstanding investment opportunity with this HMO property, offering a remarkable 9% return.

This expansive end-of-terrace property, exceeding 2,000 square feet, features six bedrooms, providing substantial rental income potential.

Key Features:

High Yield: Achieving an impressive annual rental income of £48,000.

Spacious Accommodation: Over 2,000 square feet of living space, perfectly configured for an HMO setup.

Prime Location: Conveniently located within walking distance to Moulsham Street shops and amenities, Chelmsford City Centre, and the mainline railway station, ensuring high tenant demand.

Investment Highlights:

Consistent Income: Currently tenanted, ensuring immediate and reliable income.

Strategic Location: Proximity to essential amenities and transportation hubs enhances the property's rental appeal.

Management Services: McCartney Sales & Lettings can offer comprehensive management services to ensure your investment runs smoothly.

Important Information: McCartney Sales & Lettings act as the seller's agent for the marketing of this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Contact Us Today To learn more about this exceptional investment opportunity or to arrange a viewing, please contact McCartney Sales. This is an ideal opportunity for savvy investors seeking a high-yield, hassle-free investment property in a desirable location. Don’t miss out on securing this profitable asset.

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Places of interest

McCartney Sales & Lettings Agents - Chelmsford

74 Moulsham Street Chelmsford, Essex CM2 0JA

01245 845822

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What is your home worth?

McCartney Sales & Lettings have been established since 1992 and are regarded as one of Chelmsford's leading independent property specialists in both property sales and lettings, with two prominent local offices. Celebrating 30 years of trading as of 2022, McCartney Sales & Lettings have helped and guided thousands of clients through this process and many have repeated the process several times with us. We believe our success is down to hard work and one hundred percent commitment of the team. Our service has been recognised by The British Property Awards, with us being awarded Gold Winner Estate Agent in Chelmsford for 2018 & 2019. The British Property Awards are one of the most prestigious and recognised accreditations within the industry. We are proud Guild Members. As Members of The Guild of Property Professionals, we are selected to represent the UK's largest network of independent estate agents in our given area(s). We can secure you a better result. The Guild is a network of almost 800 independent high street sales and letting agents who have all signed a Code of Conduct, and are committed to shared core values of knowledge, integrity, and results. How does our Guild membership benefit you? The scope of the network means we can deliver the widest possible exposure for your property. With an inter-office referral system, local and regional magazines distributed across the network every six weeks, a listing on www.guildproperty.co.uk, and 24/7 presence on interactive touch screens in London on Park Lane, you can be sure that we are working hard to guarantee your property is presented to the broadest possible audience. Our team has been together for many years and benefit from decades of property experience and extensive local knowledge which is invaluable when buying, selling, or letting a property. At McCartney Sales & Lettings , we offer all the traditional values you would expect from a well-established Estate Agency, whilst harnessing the latest innovations and technology to offer you the very best service. We believe the successful marketing of your home should not be left to chance, this is why we have developed a highly effective, proactive, and efficient service, tailor-made to our client's needs. We only employ highly experienced property experts to ensure you receive an efficient and hassle-free sale at the best possible price. We look forward to working with you.

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*DISCLAIMER

Property reference 27843636. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by McCartney Sales & Lettings Agents - Chelmsford.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area: obtained on October 11, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.