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4 bedroom house for sale
Hill Street, Bangor
£168,000
Hill Street, Bangor
£168,000
Price History
Initial price | £175,000 |
13/06/24 | £171,500 |
19/09/24 | £168,000 |
Price Change | -4.00% |
Description
This four-bedroom HMO, currently leased as a three-bedroom, is a highly sought-after student property located just 300 meters from the main university campus. With a well-established history of occupancy spanning nine years, the property generates a total gross rent of £17,839.29, with potential to increase future income. The property has been tastefully decorated and furnished, with all existing furnishings and fittings included in the sale. With a consistent annual enrollment of approximately 9,000 full-time students, the property is in a highly desirable location, surrounded by amenities such as shops, bars, cafes, and a supermarket. The property's layout includes a living room, kitchen, and four bedrooms, with a total floor area of approximately 115 square meters. With the current lease running until 30/06/2025, this property offers a stable and lucrative investment opportunity.