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4 bedroom house of multiple occupation for sale

Bangor, Gwynedd

Withdrawn from Market £165,000

Property Description

Key features

  • Ideal Investment Opportunity
  • Licensed 4 Bedroom HMO Property
  • Within 250 yards of Main University
  • Gas Fired C/H & Double Glazing
  • Modernised Throughout
  • EPC: C

Full description

With this licensed 4 bedroom HMO property being fully let from 1st Sept 2016 to June 2017 this property provides an excellent opportunity to generate an instant income of £322 per calendar month per room for 10 months and on the present asking price has consistently shown a gross yield in excess of 7 % per annum. Having been modernised throughout the property requires little work to continue to generate the return higher than conventional investments.Being situated within approximately 250 yards of the main university building this well maintained and modernised mid terraced 4 Bedroomed HMO is bound to appeal to investors wanting a convenient location, or parents looking to purchase an ideal licensed property for children and friends within 250 yards of the main university building. The property which benefits from gas fired central heating and double glazing throughout is offered for sale as a going concern being fully furnished with tenancies in occupancy for the 2016/17 academic year.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
09 August 2016

Map & Street View

Disclaimer - Property reference 6078085. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Williams & Goodwin The Property People, Bangor. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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