As the sub must be almost certainly a SSBN, it makes sense from the point of view of the bastion concept, adding another leg to DPRK's nuclear deterrent. It's role is to ensure a reliable second strike capability. Would be deployed relatively close to DPRK shores under the cover of friendly air, missile and naval forces. Perhaps this is why the new frigates are being built, to protect said bastion with among others their long range SAMs. Although they could probably launch nuclear tipped Hwasals themselves.
I don't think it's truly possible for DPRK to make a bastion. They're not strong and technologically advanced enough, and realistically, being sandwiched between ROK and Japan is not exactly the best environment.
Finally, SSBNs are really not a best way to provide littoral deterrent. This is a big boat, unlikely to be all that suitable for littoral ops. Big, and, crucially, damn tall.
What I think is in fact possible is to provide them escorted deployment, where later boats themselves patrol somewhere away from ROK.
For example, up through Tarar strait into sea Okhotsk.