• 5 Letting rooms +
• Up to 4 bedrooms as a family home +
• 2 off-road parking spaces +
• 8.7% gross return! +
• Vastly improved during our client's ownership +
• 1184 sqft of accommodation +
• Clever muti-shower room +
• 2 separate WCs +
• Walking distance of the town centre and beach/seafront +
• Edwardian end terraced house +

Set on a popular residential crescent just a short stroll from the town centre, harbourside and seafront, this traditional terraced home offers excellent versatility for both investors and owner-occupiers. Arranged over two floors and extending to approximately 1,184 sq ft (110 sq m), the accommodation is currently configured to provide up to five letting rooms with a communal lounge/diner, yet it could be easily adapted to suit more conventional family living.

THE ACCOMMODATION
From the entrance hallway, the ground floor provides four principal rooms plus a convenient cloakroom/WC. There is a generous lounge/diner (ideal as a shared social space), a well-proportioned kitchen, and two ground-floor double bedroom, a particularly appealing feature for letting or those wanting a home office/guest room at this level. On the first floor, a central landing leads to three further bedrooms along with a standout multi-shower room, an excellent asset for shared occupancy or a busy household.

THE EXTERIOR
To the rear, the outside space is notably level and currently arranged as off-road parking for two large vehicles. If preferred, this area could be returned to its original use as a secure rear garden, offering a private, low-maintenance outdoor space, or possibly a combination of both.

IF BUYING AS A MULTI-ROOM LET (HMO)
The property has been successfully operated as a licensed HMO each year since our clients purchased in 2014. The current gross income is £34,132 per annum, with the owners covering utilities including gas, water, electricity and broadband, at approximately £4,500 per year. However, the predicted income for the next academic year will be £38,724

IF BUYING AS A PERMANENT HOME
Thanks to the adaptable layout, the house can be reconfigured to suit a variety of lifestyles. Options could include:
•Four bedrooms, retaining a ground-floor bedroom and still enjoying a separate living room, dining room and kitchen; or
•A more traditional arrangement with three reception rooms and three bedrooms, making full use of the excellent first-floor shower room provision.

KEY UPGRADES Shortly after acquisition (2014), the property benefited from a programme of improvements including a new kitchen, replacement internal doors, redecoration, electrical upgrades, and installation of a PIV ventilation system to help alleviate condensation. The home also offers double glazing and gas central heating.