Hill Road, Chelmsford, CM2
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment opportunity, 56 Hill Road contains two 1 bedroom flats and two studio apartments, each with their own front door entrance. Three of the four properties are let to long term tenants
Description
Nested Colchester is delighted to present this exceptional freehold investment opportunity, comprising of a semi-detached property that has been thoughtfully converted into four self-contained apartments: two one-bedroom apartments and two studio apartments.
This is a ready-made addition to any investment portfolio for the keen investor, all four apartments are currently tenanted, providing an immediate income stream from day one. Full tenancy agreements, current rental figures and further investment information are available upon request.
Positioned in a highly desirable location, the property enjoys an enviable position within easy reach of Chelmsford City Centre, Chelmsford Railway Station, offering regular services into London, and the A12, providing excellent road links to London, the M25 and the wider Essex area. This combination of excellent transport connections and proximity to local amenities makes the apartments consistently attractive to commuters, professionals and local tenants alike, helping to support strong rental demand and minimise potential void periods.
Further enhancing the property's appeal is off-road parking for two vehicles, a sought-after feature in this central location that adds further convenience for tenants.
Whether you are an experienced portfolio landlord looking to expand your holdings or an investor seeking a well-located, income-producing asset, this property represents a compelling opportunity to acquire a fully let block in one of Essex's strongest rental markets. With immediate rental income, broad tenant appeal and excellent long-term investment fundamentals, this is an opportunity not to be missed.
Council TaxAll four apartments are assessed as Council Tax Band A.
EPC Ratings56 Hill Road – EPC Rating D
56A Hill Road – EPC Rating E
56B Hill Road – EPC Rating E
56C Hill Road – EPC Rating E
EPC Rating: D
56C, 56, 56A AND 56B
The photographs showcase both one-bedroom apartments, as well as both studio apartments which also highlights the well-presented combined living and sleeping areas within the studio accommodations.
Garden
The property benefits from a well-maintained rear garden extending to approximately 100 ft in length, providing a generous communal outdoor space for the residents of all four apartments.
Given the size of the plot, the garden may also offer purchasers the opportunity to explore the potential for further development, subject to obtaining the necessary planning permission and Building Regulations approval. Prospective purchasers should make their own enquiries with the local planning authority regarding the feasibility of any future development proposals.
The combination of an established income-producing asset together with potential future enhancement opportunities makes this an appealing proposition for investors seeking both immediate returns and longer-term asset growth.
Parking - Driveway
Currently the two spaces are let to each of the 1 bedroom flats. A total of two cars only can be parked on the drive.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Visit our security centre to find out moreDisclaimer - Property reference 64df4b65-854f-4ba5-84ed-cbc99eb1267a. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nested, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
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