5 bedroom house for sale

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5 bedroom house for sale

Orme Road, Bangor
£176,000

Our Summary

  • With a long history of consistent rental income, the property has clear potential to generate in excess of £25,000 per annum following some TLC and light refurbishment

Description

This 5-bedroom HMO property on Orme Road, Bangor, offers an exceptional investment opportunity with a gross rental income of £20,791.29 secured for the 25/26 academic year. The property, which requires some TLC and light refurbishment, has a long history of consistent rental income and potential to generate over £25,000 per annum. Located just a short walk from the town centre, university buildings, and scenic boat yard, the property benefits from excellent proximity to the High Street, train station, bus station, and taxi ranks, making it highly appealing to students or young professionals. The property features a converted attic bedroom, two WC's, a long kitchen, and generous communal living spaces, providing ample living space for occupants. With its prime location and potential for increased rental income, this property presents a fantastic investment opportunity.