Income Producing Portfolio | Strong Commuter Location | Two Separate Blocks | Allocated Parking | Popular Location For Professional Tenants | Includes Freeholds | Proven & Stable Rental History | 6% Rental Yield
A rare opportunity to acquire a fully income-producing residential portfolio comprising two separate apartment blocks in Chelmsford, the Essex County Town and one of the region’s most established and sought-after commuter locations. Widely regarded as a prime London satellite city,
Chelmsford continues to attract strong occupational demand from professional tenants drawn by its extensive retail and leisure provision, respected schooling, and excellent rail connectivity into the Capital. Direct Greater Anglia services provide access to London Liverpool Street in around 29 minutes, with approximately 101 weekday services per day, underlining the city’s enduring appeal to commuters and supporting the strength of its private rented sector.
The portfolio comprises 12 one-bedroom apartments and 3 two-bedroom apartments, with the benefit of both freeholds and the existing tenancies, offered as an ongoing concern. The assets have delivered a stable and proven rental history for the current owners and currently generate £201,180 per annum, reflecting a 6% rental yield.
The larger of the two blocks comprises of 10 apartments with parking, plus four visitor parking, the smaller comprises five maisonettes each with parking.
This is an attractive opportunity for investors seeking immediate income, reversionary potential and long-term exposure to a well-connected South East residential market.
The combination of secure income, freehold control and a location firmly established as a prime commuter hub for London makes this a compelling private rented sector investment.
Tenure: Freehold:
Local Authority: Chelmsford