18 bedroom apartment for sale

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18 bedroom apartment for sale

High Street, Bangor
£1,600,000

Our Summary

  • Introducing a remarkable investment opportunity at 259 - 263 High Street, projected to achieve a rental income of £187,105

Description

This exceptional investment opportunity at 259-263 High Street offers a projected rental income of £187,105.44 for the 25/26 academic year, with a gross return on investment of 11.69%. The property, originally redeveloped in 2017, features 8 self-contained studios, 10 en-suite cluster bedrooms, and 3 commercial retail spaces on the ground floor, maximizing rental potential and enhancing its overall appeal. The property's non-residential Land Transaction Tax classification and favorable tax conditions make it an attractive choice for investors. The interior design meets modern standards with high-quality furnishings, and additional amenities include an independent bin store and onsite laundry room. With a total valuation of £1,600,000, this property presents a compelling investment opportunity with modern solutions tailored to contemporary living.
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