dealsourcr
  • Features
  • Pricing
  • Login
LoginTry for Free
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Market Research ⭐️Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
My Account

8 Bed HMO, Bangor, LL57 2AP £359,950

1 College Road, Bangor, Gwynedd LL57 2AN - 53 views - 2 years ago
  1. Deal Search
  2. Bangor
  3. LL57
  4. LL57 2AP
HMO
Outside Article 4
ROI: 8%
~154 m²

ValuationOvervalued

This may not be accurate, please check manually.

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

‌

‌

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌

Links

  • More Deals in Bangor
  • More Deals in LL57
  • More HMO Deals
  • More HMO Deals in Bangor
  • More HMO Deals in LL57

Property History

Price changed to £359,950

December 15, 2024

Price changed to £359,000

December 4, 2024

Listed for £379,950

May 29, 2024

Floor Plans

Description

  • Character 8 Bed HMO Property +
  • 40 Metres From Main University Campus +
  • £41,664 Gross Income Secured For 25/26 A/Y +
  • Communal Living Room +
  • 8 Bedrooms & 2 Bathrooms +
  • Gas Central Heating +
  • Fitted Kitchen with apliances +

£41,664 Total gross rental income secured for the 25/26 academic year, with scope to be increased to £47,616. This impressive Victorian eight bedroom HMO, offers an investor great long term rental income, having demonstrated high occupancy levels under the current ownership since 2004.

Recently decorated throughout, the property comprises of eight bedrooms, two bathrooms, large communal living area with bay window, rear kitchen and outhouse/utility to the rear. An established HMO, to be sold with occupants in situ and all existing furnishings and fittings. Benefiting from a private parking area to the rear of the property.

Located on the door step of Bangor university, with a consistent full time student enrolment in the region of 9,000 students each academic year. The area of upper Bangor has benefited from the emergence of many new business premises such as takeaways, independent stores and cafes. Attracted by the high student footfall.

Bathroom 1 - 1.95m x 1.88m (6'4" x 6'2" ) -

Bathroom 2 - 1.88m x 1.61m (6'2" x 5'3") -

Bedroom 1 - 5.16m x 3.68m (16'11" x 12'0" ) -

Bedroom 2 - 3.27m x 2.87m (10'8" x 9'4") -

Bedroom 3 - 2.55 x 2.75 (8'4" x 9'0") -

Bedroom 4 - 4.03 x 2.86 (13'2" x 9'4") -

Bedroom 5 - 2.42 x 5.10 (7'11" x 16'8" ) -

Bedroom 6 - 3.10 x 2.20 (10'2" x 7'2" ) -

Bedroom 7 - 3.22 x 4.65 (10'6" x 15'3") -

Bedroom 8 - 2.55 x 4.16 (8'4" x 13'7") -

Kitchen - 5.44 x 2.66 (17'10" x 8'8") -

Living Room - 5.13 x 3.72 (16'9" x 12'2") -

Agent Details

Varcity Living Limited, Bangor

01248 663207

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

‌

Cashflows

This may not be accurate, please check manually.

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌