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High Street, Bangor, Gwynedd, LL57

PROPERTY TYPE

Block of Apartments

BEDROOMS

12

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Beautifully Presented Chapel Conversion
  • Consists of 8 Luxury 1 & 2 Bed Apartments
  • Gross annual income slightly in excess of £100,000 per annum
  • Ideal for Investors as All Apartments Occupied
  • Convenient Bangor City Location
  • Individual Apartments EPC's: D / Council Tax: A

Description

Being a similar distance from both the Hospital and University the apartments have proven highly popular rental prospects with young professionals and occupancy rate has consistently run at 100% since being made available with very limited void periods.

The ground floor provides 4, 1 bedroom units each with their individual contemporary open plan living room and kitchen as well as a modern double bedroom and en suite in addition to one 2 bedroomed unit on this floor. The first floor conversion has been recently completed to highlight features from the original chapel and provides 3 larger apartments with similar contemporary living space but 2 bedroomed facility. All the apartments are fitted out to a very high standard including furniture, carpets and kitchen appliances.

Generating a current gross annual income slightly in excess of £100,000 per annum delivering a gross yield of 11.8%.

Although historically all apartments have been inspected by the marketing agents as the property is being sold on an investment basis, and with it being fully let at the time of instruction, it was not possible to view all apartments whilst preparing the marketing details although we have provided details and internal photographs of a typical 1 and 2 bedroomed unit below, prior to its current occupancy. Full access can be made via the selling agents by arrangements with the occupiers enabling buyers to conduct their own research and investigations before committing to any transactional decision.

Apartment 6 being a typical 2 bedroomed apartment

Entrance Hall 1

Entrance Hall 2

Door to:

Open Plan Living Room/Kitchen

8'8" x 18'2" (2.65m x 5.54m)

Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink, washing machine, fridge/freezer, oven, hob, two windows to rear, double radiator

Bedroom 1

9'10" x 9'10" (3.00m x 3.00m)

Window to rear, double radiator, door to Storage cupboard.

Bedroom 2

10'5" x 9'5" (3.20m x 2.88m)

Two windows to rear, double radiator.

Bedroom 3

17' 6'' x 9' 7'' (5.33m x 2.92m)

Obscure single glazed sash window to side, door to:

Bathroom

5'10" x 6'2" (1.80m x 1.90m)

Fitted with three suite comprising wash hand basin, shower cubicle and WC, heated towel rail.

Apartment 1 being a typical 2 bedroomed apartment

Open Plan Living

22' 8'' x 17' 11'' (6.90m x 5.46m)

Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with mixer tap, fridge/freezer and washing machine, built-in electric oven, built-in four ring halogen hob with extractor hood over, single glazed sash window to side, door to Storage cupboard, door to:

Shower Room

Fitted with three piece suite comprising shower cubicle with fitted shower, vanity wash hand basin with cupboard under and WC.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

High Street, Bangor, Gwynedd, LL57

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About Williams & Goodwin The Property People, Bangor

313 High Street Bangor LL57 1UL
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

Discover a friendly, award-winning estate agency that's passionate about connecting property & people.

Welcome to Williams & Goodwin, your friendly, award-winning estate agency!

We're not just any estate agency; we're your personal property matchmakers, obsessed with bringing people and properties together.

Our secret ingredient?

It's our "moving together" ethos. This simple yet powerful concept is the driving force behind our unique brand logo. It symbolises the continuous human connection that binds the seller, the buyer, and the agent in the property journey.

Based in prime locations at Holyhead, Llangefni and Bangor, we're proud to be part of the community in Anglesey and Gwynedd. Our deep local knowledge, coupled with our strong industry connections, makes us your perfect property partner.

But we don't just sell homes; we create them. We work closely with landlords, buyers, and tenants, helping them navigate the property market effortlessly. Our specialised land and property auction brand, All Wales Auction, ensures a smooth process for all property transactions across North Wales.

We're more than just estate agents; we're your property guides, your neighbourhood friends, and your support system in your property journey. Our passion for helping you move has earned us numerous accolades, including the 2023 Negotiator Property Awards for Best Estate Agent in Wales and the UK Property Mark Qualifications award for Champion UK Employer.

So, whether you're looking to buy, sell, let, or rent; whether it's a family home or a business property, we're here to help you make the right move.

Let's move together with Williams & Goodwin, your friendly property matchmakers.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£3,877
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference RX703633. 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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