Initial price	£625,000
13/09/24	£590,000
Price Change	-5.60%

This substantial detached house is arranged as five self-contained apartments, currently let on assured shorthold tenancies, with the ground floor flat occupied by the owner and featuring a charming garden. The property offers parking for all apartments and is situated in a sought-after central location, close to Victoria Park and the town centre, with the seafront a similar distance away. Each apartment has a 999-year lease, separate meters for electricity and water, and individual council tax accounts, with some flats having their own gas boilers. The property has a strong rental income, with the total monthly rent being £3,240, equivalent to £38,880 per annum. The property also has potential for further development, with a lapsed planning permission from 2013 allowing for an extension to create larger apartments.