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Freehold Building Containing 4 Residential Flats

Freehold Building Containing 4 Residential Flats

Address

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Auction date

16 Apr 2023

Guide price

£500,000

Type

Other

Tenure

Freehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This property is a freehold building located in Chelmsford and comprises four residential flats. Currently, 75% of these flats are let, generating an annual potential income exceeding £44,000. The property features a driveway and a rear garden.

  • Long-term tenant expected to vacate soon, allowing for a potential increase in rental income.
  • Description includes sizes in square meters: 1-bedroom ground-floor flat (48 sqm), top-floor flats (ranging from 24 to 53 sqm).
  • EPC ratings vary between D and E.
  • Viewing is by appointment with the auctioneers.

Last update: 03 Apr 2026

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