4 bedroom House 1 Friars Avenue

Spacious four bedroom rental property with scope to convert to a five bedroom HMO, given its previous demonstrated use as a HMO. With other four/five bedroom properties within the area being rented for an annual gross rent circa £5,000 per bedroom, the property provides great scope as a long term investment. Currently generating a combined monthly rent of £1,390 until August 24 with occupants covering gas and electricity costs.

Ground floor composition: large double bedroom with bay window, to the front, communal area to the rear which can be converted to a bedroom. Following on from the communal living area is a lounge/diner, off-set from the kitchen. Within the rear yard, is a large outbuilding extension, well suited as an outhouse or utility area. First floor composition: rear bedroom with bathroom located next door, containing a bathtub/shower, WC and washbasin. Two additional double bedrooms, with stairwell up to the attic space.

Located within a popular area of the city, the property benefits from close proximity to the scenic seafront in one direction and the main high street in the other.