Vron Square, Bangor
- PROPERTY TYPE
House
- BEDROOMS
4
- BATHROOMS
1
- SIZE
1,002 sq ft
93 sq m
- TENUREDescribes 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
- Prime Student Location Adjacent to the Main University Campus (Main Arts)
- Achieving £700 PCM Rental Income (Excluding Utilities)
- Highly Desirable Area with Consistently Strong Student Demand
- Scope for Reinstatement of HMO Status, Subject to Licensing and Upgrades
Description
The property is currently occupied and producing a rental income of £700 per calendar month excluding utilities, offering an investor instant returns upon completion. Historically configured as a four-bedroom HMO, the property provides clear scope for value enhancement, subject to the necessary HMO licensing and refurbishment works.
Once upgraded and licensed, the property has the potential to deliver a significantly higher income of up to £1,900 per calendar month (utilities included). This projection is based on renting to four students at £110 per week per room on a typical 11-month student contract.
With demand for student accommodation in this location remaining consistently high, the property offers an excellent opportunity for investors seeking to improve yields while securing long-term growth in a well-established student rental market.
Bedroom 1 - 4.19 x 2.33 (13'8" x 7'7") -
Bedroom 2 - 3.96 x 3.73 (12'11" x 12'2") -
Bedroom 3 - 4.19 x 2.33 (13'8" x 7'7") -
Bedroom 4 - 3.91 x 3.64 -
Kitchen - 3.05 x 2.31 (10'0" x 7'6") -
Living Room - 3.91 x 2.85 (12'9" x 9'4") -
Bathroom - 2.23 x 1.77 (7'3" x 5'9") -
Brochures
Vron Square, Bangor- 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: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Vron Square, Bangor
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Visit our security centre to find out moreDisclaimer - Property reference 34482824. 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 Varcity Living Limited, 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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