4 Bed HMO

This detached three-bedroom property in Chelmsford, Essex was acquired in June 2019 for £250,000 via a private post-auction transaction.

 

At the point of purchase, the property was deemed uninhabitable and as a result, the acquisition was funded using short-term bridging finance, allowing the opportunity to be secured despite its condition. 

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A full internal refurbishment was undertaken to bring the property up to modern residential standards and make it suitable for long-term rental.​ A fourth bedroom was added and is now a student HMO.

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