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 property in Bangor has high rental potential, with a unique opportunity for an investor with vision to develop it into a modern and desirable living space. With a prime location at the top end of the High Street, just a five-minute walk from the train station and close to local amenities, the property has a strong potential for student groups. The property currently has two kitchens, a bathroom, shower room, two WC's, lounge/diner, and six spacious double bedrooms, offering plenty of scope for renovation and refurbishment. The area is already popular with students, with five nearby properties pre-let for the 24/25 academic year, generating an average annual income of £39,170 each. With some TLC and development, this property has the potential to become a highly sought-after and profitable investment.
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