4 bedroom house for sale

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4 bedroom house for sale

Friars Avenue, Bangor
£165,000

Our Summary

  • Having been used as a four bedroom rental property, it has scope to convert to a five bedroom HMO, given its previous demonstrated use as a HMO
  • Ground floor composition: large double bedroom/lounge with bay window to the front, rear lounge (potential bedroom), fitted kitchen to the rear, split into two areas giving potential to convert to a ground floor bathroom or open-up into a large open plan kitchen/living area

Description

This spacious family-sized property offers a unique opportunity for a long-term HMO investment or a family home. With a proven track record as a four-bedroom rental property, it has scope to be converted into a five-bedroom HMO, rivaling other properties in the area that are rented for an annual gross rent of around £5,500 per bedroom. The ground floor features a large double bedroom/lounge, a rear lounge that could be converted into a bedroom, a kitchen, and a large outbuilding extension suitable for an outhouse or utility area. The first floor boasts three double bedrooms, a bathroom, and a stairwell leading to the attic space. Located in a popular area, the property is close to the seafront and main high street, making it an attractive option for investors or families alike.