4 bedroom house for sale

>

4 bedroom house for sale

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.