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5 bedroom house of multiple occupation for sale

Bangor, Gwynedd

Withdrawn from Market £165,000

Property Description

Key features

  • Excellent 5 Bedroom HMO Property
  • Within 400 yards of Upper High Street
  • Gas Fired Central Heating & Double Glazing
  • Tenants Signed For 2017/18 Academic Year
  • Gross Yield of 10.7% Based On Current Rents
  • EPC: D

Full description

An excellent 5 bedroom registered HMO property being offered for sale as a going concern, to include all landlords furnishings and with a tenancy already signed up for the 2017/18 academic year generating a predicted annual income of £15,300 (excluding additional payment for bills) showing a gross yield of 10.7% based on current rents and asking price, and providing an ideal opportunity to generate an instant income at a far higher yield than currently being received from traditional savings accounts.

Being situated within approximately 400 yards of the upper High Street this fully renovated property has consistently appealed to students wanting a convenient location, and provides an excellent investment opportunity. The property which has the benefit of gas fired central heating and double glazing is located within less than 400 yards of the upper High Street and railway station and is therefore most conveniently located for all city amenities.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
04 June 2016

Map & Street View

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