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2 Bed House, Single Let, Bangor, LL57 1BT £123,000

12 Water Street, Bangor, Gwynedd, LL57 2AN - 8 months ago
  1. Deal Search
  2. Bangor
  3. LL57
  4. LL57 1BT
Sold STC
BTL
73 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Bangor
  • More Deals in LL57
  • More Single Let Deals
  • More Single Let Deals in Bangor
  • More Single Let Deals in LL57

Property History

Listed for £123,000

April 17, 2025

Floor Plans

Description

  • Two Bedroom Investment Property +
  • Rental Income Secured Until 30/06/2026 +
  • £853.67 PCM Rental Income, Increasing to £903.42 in August 2025 +
  • Converted Attic +
  • Spacious Kitchen +
  • Fully Furnished +
  • Two Minute Walk to Seafront +
  • Rear Garden Area +

12 Water Street presents an excellent investment opportunity in a well-maintained two-bedroom property, ideally located just a two-minute walk from the seafront. This sought-after location offers stunning panoramic views across the Menai Strait and over to Anglesey, adding a unique lifestyle appeal for tenants and strong potential for long-term capital growth.

The property features a converted attic space offering versatile potential, as well as a private rear garden area. It currently generates a rental income of £853.67 per calendar month (PCM), secured with a tenancy agreement in place until 30th June 2025. A new contract is set to begin on 1st August 2025, increasing the rent to £903.42 PCM and continuing through to 30th June 2026.

Internally, the home includes two fully furnished bedrooms on the first floor, each equipped with a bed, study desk and chair, and storage furniture. The spacious kitchen and dining area come with all essential appliances, including an oven and hob, fridge/freezer, generous storage, and a dining table with chairs. The comfortable living room offers a relaxing communal space, while the converted attic space is ideal for use as a study area or additional storage. The property also benefits from off-road parking (shared with local residents) and its own outdoor space, further enhancing its desirability.

Overall, this is a secure and attractive investment, combining a strong rental yield with a prime coastal location offering both convenience and scenic beauty.

Living Room - 3.07 x 2.67 (10'0" x 8'9") -

Kitchen - 3.90 x 3.27 (12'9" x 10'8") -

Bathroom - 2.60 x 1.79 (8'6" x 5'10") -

Bedroom 1 - 2.64 x 2.26 (8'7" x 7'4") -

Bedroom 2 - 4.19 x 2.70 (13'8" x 8'10") -

Loft Space - 4.21 x 2.70 (13'9" x 8'10") -

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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