Get brand editions for Williams & Goodwin The Property People, Bangor

8 bedroom house of multiple occupation for sale

Bangor, Gwynedd

£300,000

Property Description

Key features

  • 8 Bedroomed Licensed HMO Investment Property
  • Communal Lounge, and Large Kitchen/Diner
  • uPVC Double Glazing & Gas Fired Central Heating
  • Fitted Kitchen/Breakfast Room
  • Large Car Parking Area to Rear
  • EPC: D

Full description

With tenancies already secured through to the end of the 2017 academic term generating a weekly rent of £620 equating to £27,280 on a 10 month academic basis this property shows a gross yield in excess of 9% on the current rent and asking price providing an annual return well in excess of the current low returns from traditional savings accounts. EPC: D.Being offered for sale as a going concern to include all landlords furnishings and therefore capable of generating an immediate return well in excess of more conventional savings accounts is this fully licensed 8 bedroomed HMO property which was fully renovated in the last 10 years by the current owner and benefits from full double glazing and gas fired central heating. Taking into account the high standard of accommodation and convenient location the property has always proved of interest to large groups of students, and demand has been consistently high for rooms in this well presented property in the past making it ideal for the purchaser looking to achieve a high income from capital investment.

Ground Floor 

Entrance Hall 
With double glazed entrance door and single radiator. Staircase to first floor landing.

Bedroom 1 
10' 0'' x 9' 7'' (3.05m x 2.92m)
UPVC double glazed window to front, and single radiator.

Bedroom 2 
9' 7'' x 9' 1'' (2.92m x 2.77m)
With UPVC double glazed window to front, and single radiator.

Bedroom 3 
11' 8'' x 8' 4'' (3.55m x 2.54m)
With UPVC double glazed window to side, and single radiator.

Shower Room 
With shower cubicle wash hand basin and wc.

Cloakroom 
With UPVC double glazed window to rear, and being fitted with two piece suite comprising, wash hand basin and WC.

Lounge 
16' 6'' x 11' 3'' (5.03m x 3.43m)
Two uPVC double glazed windows to side, and single radiator.

Kitchen/Breakfast Room 
16' 5'' x 11' 3'' (5.00m x 3.43m)
Being comprehensively fitted for HMO use with a matching range of base and eye level units with worktop space over. To comply with regulations the kitchen has 2 fitted electric oven, and 2 four ring hob, together with 2 fridge freezers, washing machine and other domestic appliances. uPVC double glazed window to side, and rear. Double glazed rear door.

First Floor Landing 
UPVC double glazed window to front, and side, two radiators.

Bedroom 5 
9' 4'' x 8' 11'' (2.84m x 2.72m)
UPVC double glazed window to front, and single radiator.

Bedroom 4 
11' 6'' x 9' 7'' (3.50m x 2.92m)
With UPVC double glazed window to front, and single radiator.

Bedroom 6 
9' 4'' x 8' 5'' (2.84m x 2.56m)
With UPVC double glazed window to side, and single radiator.

Bedroom 7 
11' 11'' x 11' 0'' (3.63m x 3.35m)
With UPVC double glazed window to side, and single radiator.

Bedroom 8 
12' 8'' x 12' 8'' (3.86m x 3.86m)
Two UPVC double glazed window to rear, and double radiator. Door to:

En-suite Shower Room 
With modern suite of shower cubicle, wash hand basin and wc.

Outside 
A driveway at the side of the property leads to a large car parking space at the rear suitable for storage and parking of a number of vehicles.

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
01 September 2016

Nearest stations

  • Bangor (0.1 mi)
  • Llanfairpwll (3.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Williams & Goodwin The Property People, Bangor

313 High Street Bangor LL57 1UL

01248 548003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Williams & Goodwin The Property People, Bangor

313 High Street Bangor LL57 1UL

01248 548003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bangor (0.1 mi)
  • Llanfairpwll (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Williams & Goodwin The Property People, Bangor

313 High Street Bangor LL57 1UL

01248 548003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7130415. 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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