This property is a well-established PBSA block of 60 self-contained studios, offering a total secured gross rental income of £434,502 for the 24/25 academic year, providing a 9.6% gross yield. The studios are fully furnished with private kitchens, bathrooms, and breakfast bars, and share two spacious communal areas. The property benefits from its location on Bangor high street, just a 10-minute walk from the main university campus, and is close to various amenities such as supermarkets, bars, restaurants, and cafes. With Bangor University consistently attracting a high demand for student accommodation, the property has scope for achieving an annual rental income in excess of £530,000 in future years.