11 bedroom house for sale

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11 bedroom house for sale

Holyhead Road, Bangor
£495,000

Price History

Initial price £522,500
16/07/24 £512,000
22/10/24 £495,000
Price Change -5.26%

Description

This substantial 11-bedroom property, comprising a 9-bedroom HMO and a 2-bedroom self-contained apartment, is situated in the popular student hotspot of upper Bangor, offering convenient access to university buildings and local amenities. The property has recently undergone refurbishment, including new carpeting, re-decoration, and furniture, which has assisted in generating its current income of £56,351. The HMO boasts all double-sized bedrooms, three en-suites, and private parking to the rear. The apartment features a kitchen/diner, bathroom, and two bedrooms. With a proven rental income generated over several decades, this property presents a rare opportunity for investors to acquire a high-yielding asset in a prime location.