7 Bed HMO, Bangor, LL57 1LD £330,000

• Substantial Investment Property +
• Central Location For The University +
• Registered HMO +
• 7 Bedrooms +
• Fully Fitted Kitchen +
• 3 Shower Rooms +
• Generous Size Lounge +
• Generating A Total Rental Income Of Approx. £39,000 Per Annum +
• Gas Central Heating & uPVC Double Glazing +
• Viewing Highly Recommended +

If you are looking for an investment property, this well presented HMO close to the centre of Bangor has 7 Bedrooms and generates approximately £39,000 per annum.

Located in a prime central location close to the centre of Bangor is this superb investment property. Ideally situated to take advantage of the student rental market and currently holding a HMO licence. This substantial property is set over 2 floors and consists of 7 spacious Bedrooms, made up of 5 Double Bedrooms and 2 Single Bedrooms. All are served by 3 modern Shower Rooms. On the ground floor you will find a wide and welcoming Entrance Porch and Hall with a spacious Lounge to the side. At the rear of the property is a generous size Kitchen that is fitted with a range of modern grey “soft close” base and wall units, topped with a contrasting grey work surface, that also incorporates a wide breakfast bar. The Kitchen is also equipped with an electric oven and hob with an overhead extractor fan as well as a washing machine and dishwasher point. The property has recently been re modelled and decorated to a very high standard and currently generates an income of approximately £39,000 per annum.

The property is very conveniently situated close to the main university building and most of the various university departments as well as being just off the High Street in the city of Bangor in North West Wales. The popular students' social venues are also close by as is the railway station and bus terminal. Bangor lies just off the A55 Expressway and boasts a wide choice of retail outlets, restaurants, cafés, public houses and clubs plus leisure and sporting facilities.