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7 bedroom house for sale
Sackville Road, Bangor
£360,000
Sackville Road, Bangor
£360,000
Our Summary
- Modern and contemporary 7 bedroom HMO with occupants in situ, providing an annual GROSS rent of circa £39,000 (scope to increase for future years)
- All "woodchip" wallpaper has been removed with freshly skimmed walls, giving off a fresh feel, popular with potential renters
Description
This modern and contemporary 7-bedroom HMO property is located in a city centre and offers a great long-term investment opportunity. The property has undergone a full renovation, including a new roof, and has been brought up to an EPC rating of C, reducing utility overheads. The property features a spacious living room, separate kitchen/diner, and multiple bathrooms, providing ample space for occupants to socialise and unwind. The property is currently licensed for 7 bedrooms, but has a history of being used as an 8-bedroom HMO, with the living room previously used as an additional bedroom. With an annual gross rent of circa £39,000, there is scope to increase the rent in future years. The property is well-suited to both working professionals and student occupants, and its city centre location and increasing demand for HMO housing make it an attractive investment opportunity.