Initial price	£177,500
09/02/24	£173,950
Price Change	-2.00%

This four-bedroom rental property has the potential to be converted into a five-bedroom HMO, given its previous use as an HMO and the high demand for HMOs in the area. The property is currently generating a combined monthly rent of £1,390 until August 24, with occupants covering gas and electricity costs. The ground floor consists of a large double bedroom with a bay window, a communal area that can be converted into a bedroom, a lounge/diner, and a kitchen. The first floor has a rear bedroom with a bathroom, two additional double bedrooms, and access to the attic space. The property is located in the Hirael area of the city, offering proximity to the seafront and main high street. With other four/five bedroom properties in the area renting for an annual gross rent of £5,000 per bedroom, this property presents a great long-term investment opportunity.