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8 Bed HMO, Bangor, LL57 2AP £359,950

1 College Road, Bangor, Gwynedd, LL57 2ANE - 54 views - 2 years ago
  1. Deal Search
  2. Bangor
  3. LL57
  4. LL57 2AP
HMO
Outside Article 4
ROI: 12%
~154 m²

ValuationOvervalued

AI score: 92/100. Please verify valuations.

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Links

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  • More Deals in LL57
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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

  • Popular 8 bed HMO with student tenants in-situ +
  • 40 Metres From Main University Campus +
  • £47616 gross income secured for 26/27 +
  • Communal Living Room +
  • 8 Bedrooms & 2 Bathrooms +
  • Gas Central Heating +
  • Fitted Kitchen with apliances +

Impressive 8 bedroomed HMO just a short stroll from the Main Arts University Building with student tenants in-situ plus contract secured for 26/27 (income £47,616). This established Victorian Terrace with a secure track-record of high occupancy is a big hit with student groups and provides a secure long-term investment.

The property has a homely feel making it a popular choice. Accommodation 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 💪

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Cashflows

AI score: 92/100. Please verify calculations.

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