Loftin Way, Chelmsford, CM2
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
2
- 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
- HOUSE OF MULTIPLE OCCUPATION
- APPROXIAMTE 8% GROSS YIELD
- GARAGE
- DRIVEWAY PARKING
Description
GUIDE PRICE £350,000- £400,000
Description
The property comprises a 6-bedroom semi-detached house, which is currently used and licensed as a 5 Bedroom House of Multiple Occupation. We understand that the estimated current annual income is circa £32,460.
The current room rents are as follows:
Room 1 = £600pcm
Room 2 = £600 pcm
Room 3 = £475 pcm
Room 4 = £480 pcm
Room 6 = £550 pcm
We believe that there may be an opportunity for a reversionary increase in the rent.
The ground floor consists of two letting rooms, a kitchen and dinner and a shower room. The first floor consists of four letting rooms and a shower room.
Externally, the property has a large driveway suitable for multiple vehicles. to the rear of the property is a garden and detached garage.
Location
The property is located on Loftin way in the popular Old Moulsham area, which is located approximately 2 miles from the city centre.
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EPC rating: C. Tenure: Freehold,Dining Room
2.83m x 2.55m (9'3" x 8'4")
Kitchen
2.84m x 2.49m (9'4" x 8'2")
Bedroom 1
3.25m x 1.8m (10'8" x 5'11")
Bedroom 2
3.84m x 2.95m (12'7" x 9'8")
Bedroom 3
2.24m x 2.95m (7'4" x 9'8")
Bedroom 4
2.36m x 2.95m (7'9" x 9'8")
Bedroom 5
3.38m x 3.04m (11'1" x 10'0")
Bedroom 6
3.2m x 2.2m (10'6" x 7'3")
Shower Room
2.73m x 1.17m (8'11" x 3'10")
Bathroom
1.62m x 2m (5'4" x 6'7")
Entrance Hall
Landing
Store
Garage
6m x 2.5m (19'8" x 8'2")
Brochures
Brochure- 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.
- Garage
- 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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Loftin Way, Chelmsford, CM2
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference P2786. 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 WN Properties, Shenfield. 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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