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7 bedroom house for sale
Craig Y Don Road, Bangor
£343,000
Craig Y Don Road, Bangor
£343,000
Price History
Initial price | £350,000 |
16/07/24 | £343,000 |
Price Change | -2.00% |
Description
This attractive investment opportunity presents a newly refurbished and tenanted seven-bedroom HMO in a main student area of the city. The property has been recently renovated with all new furniture, flooring, bathrooms, double glazing, a new roof, and insulated external walls, offering a buyer a turnkey investment with no immediate maintenance required. The property generates a rental income of £41,310.75 for the 2023/2024 academic year and £40,959 for the 2024/2025 academic year. The property features spacious rooms, including a large open-plan kitchen/living area, three showers, and two WC's, making it a highly desirable student rental. The tenants are in situ until July 2025, providing a stable income stream for the buyer.