6 bedroom house for sale

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6 bedroom house for sale

Craig Y Don, Bangor
£293,000

Our Summary

  • Offering an investor great long term investment potential, given the buoyancy of the local student lettings market and circa 9,000 annual student attendance

Description

User 1:This property is a six-bedroom HMO situated in the bustling student district of Upper Bangor, adjacent to the main University campus, Main Arts. The house, located at 17 Craig-Y-Don Road, consistently achieves full occupancy by students, with a guaranteed rent of £32,640 for the 2023-2024 academic year and a pre-agreed lease for 2024-2025 totaling £34,224. This presents a compelling investment opportunity, particularly given the area's strong student lettings market and the approximately 9,000 students attending the university annually. The property includes six fully furnished bedrooms, each equipped with a bed, mattress, study desk with chair, wardrobe, and chest of drawers. The living room is furnished with two sofas and a coffee table. The front of the house offers a private parking space, and the rear features an open yard suitable for outdoor socializing and barbecues. The location is ideal, with easy access to local amenities such as bars, restaurants, cafes, a supermarket, and independent retailers, all within walking distance. The property also benefits from a freshly painted large porch entrance, enhancing its curb appeal.
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