>
4 bedroom house for sale
Friars Avenue, Bangor
£173,950
Friars Avenue, Bangor
£173,950
Our Summary
- Spacious four bedroom rental property with scope to convert to a five bedroom HMO, given its previous demonstrated use as a HMO
Description
This spacious four-bedroom rental property has the potential to be converted into a five-bedroom HMO, given its previous use as a HMO. The property is located in a popular area of the city, close to the seafront and high street, and currently generates a combined monthly rent of £1,390 until August 24. The ground floor features a large double bedroom, communal area, lounge/diner, and kitchen, while the first floor has three double bedrooms, a bathroom, and stairwell leading to the attic space. The property also has a large outbuilding extension in the rear yard, suitable as an outhouse or utility area. With other similar properties in the area generating an annual gross rent of circa £5,000 per bedroom, this property presents a great opportunity for a long-term investment.