6 bedroom house for sale

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6 bedroom house for sale

High Street, Bangor
£230,000

Our Summary

  • Proving popular with student groups in the past, due to large double bedrooms, high ceilings and multiple kitchens, in addition to the highly convenient location, the property now requires development, to bring it in-line with modern expectations

Description

This large Victorian six-bedroom HMO is a rare opportunity for an investor with vision to transform a property with high rental potential. The property, located in a highly convenient area of Bangor, has a proven track record of attracting student groups due to its spacious double bedrooms, high ceilings, and multiple kitchens. While it requires development to meet modern expectations, its location and potential earnings are evident from the nearby properties, which are pre-let for the 24/25 academic year at an average annual income of £39,170 each. The property comprises four storeys, including two kitchens, a bathroom, shower room, two WC's, lounge/diner, and six spacious double bedrooms, all within a five-minute walk from the train station and surrounded by local amenities.