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12 bedroom house for sale
Ffordd Gwynedd, Bangor
£450,000
Ffordd Gwynedd, Bangor
£450,000
Our Summary
- A stunning Grade II listed commercial building located in the heart of Bangor city centre, with planning permission granted for the conversion into 9 self-contained apartments
- Following redevelopment, the building offers the potential to generate a GROSS annual income exceeding £110,000
- Additionally, the property includes ancillary outbuildings and a stable block, offering the potential for use as a restaurant or wine bar (subject to the necessary consents)
- Granted Planning Permission For 9x Apartments
Description
This stunning Grade II listed commercial building in Bangor city centre has been granted planning permission to be converted into 9 self-contained apartments, offering the potential to generate a gross annual income of over £110,000. The property, formerly known as the Canonry, has a rich history and has been home to various institutions, including the Canonry Museum, Art Gallery, and an independent school. The approved plans include a mix of one and two-bedroom apartments, with each unit featuring a kitchen, living room, bathroom, and en-suite rooms. The property retains many original features, including slate flagged floors, high ceilings, and exposed stonework windows with leaded stained glass inset lights. Additionally, the property includes ancillary outbuildings and a stable block, offering potential for use as a restaurant or wine bar, subject to necessary consents. This is a unique opportunity to own a piece of Bangor's history and generate a significant income.