6 bed flat for sale

Loftin Way, Chelmsford CM2

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.

An Anti-Money Laundering (aml) check is required for both buyers and sellers and is carried out through our legal partner at a fee of £76 per property, payable at the point of instruction. This service also includes access to a legal advice helpline, where qualified solicitors are available to support you with any queries throughout your moving process.

EPC rating: C.

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"))