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Lower Street, Bangor

PROPERTY TYPE

House

BEDROOMS

4

BATHROOMS

1

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

  • Gross rental income of £22,000 secured for 24/25 and 25/26, rising to £22,080 for 26/27
  • Prime location adjacent to Bangor High Street
  • Four double bedroom HMO with strong student appeal
  • Elevated position with panoramic city and sea views
  • Open-plan kitchen/living area with recently upgraded kitchen and bathroom
  • All furniture and fittings Included

Description

Generating a gross annual income of £22,000 for both the 2024/25 and 2025/26 academic years, with an increase to £22,080 for 2026/27 (£115 per person, per week over 48 weeks), 12 Lower Street represents a strong, turnkey HMO investment in a prime Bangor location.

Situated adjacent to Bangor High Street, this four-bedroom property benefits from elevated, far-reaching views across the city and out to sea, making it highly appealing to student occupants. The accommodation includes a modern open-plan kitchen and living area on the lower ground floor, four double bedrooms, and a recently upgraded bathroom and kitchen, all presented in good condition throughout.

Externally, the property features a rear patio area, ideal for outdoor seating. All furniture and fittings are included within the sale, ensuring a smooth transition for investors.

Bangor’s rental market remains robust, with approximately 8,100 full-time students recorded in the latest official statistics, highlighting consistent demand for well-located HMO properties.

A well-positioned, fully let investment offering reliable returns and strong rental appeal.

Bedroom 1 - 3.32 x 3.10 (10'10" x 10'2") -

Bedroom 2 - 4.30 x 2.78 (14'1" x 9'1") -

Bedroom 3 - 3.72 x 3.51 (12'2" x 11'6") -

Bedroom 4 - 4.37 x 2.74 (14'4" x 8'11") -

Bathroom - 2.65 x 2.06 (8'8" x 6'9") -

Living Room - 4.14 x 3.61 (13'6" x 11'10") -

Kitchen - 2.83 x 1.93 (9'3" x 6'3") -

Brochures

Lower Street, 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: B
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.
Yes
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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Lower Street, Bangor

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Renovation potential
Recently sold & under offer
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About Varcity Living Limited, Bangor

1 College Road, Bangor, Gwynedd, LL57 2AN
Industry affiliations:Industry affiliation logo 0

Varcity Living were established in 2005 and have been supplying premium quality accommodation and professional management services since then. With a wealth of experience and an exhaustive knowledge of the investment market in North Wales, the agency has undergone an expansion to include property sales under its list of services. Specialising in investment properties, Varcity Living is a leading local market agent proud of its strong connections with both local and global investors. Get in touch with our sales team today to find out more.

Affordability

Monthly repayments£799
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 34573098. 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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