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8 bedroom House 52 College Road

Price

£359950

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Key Features

  • Character 8 Bed HMO Property
  • 40 Metres From Main University Campus
  • £41,664 Gross Income Secured For 25/26 A/Y
  • Communal Living Room
  • 8 Bedrooms & 2 Bathrooms
  • Gas Central Heating
  • Fitted Kitchen with apliances

Summary

£41,664 Total gross rental income secured for the 25/26 academic year, with scope to be increased to £47,616. This impressive Victorian eight bedroom HMO, offers an investor great long term rental income, having demonstrated high occupancy levels under the current ownership since 2004.

Recently decorated throughout, the property comprises of eight bedrooms, two bathrooms, large communal living area with bay window, rear kitchen and outhouse/utility to the rear. An established HMO, to be sold with occupants in situ and all existing furnishings and fittings. Benefiting from a private parking area to the rear of the property.

Located on the door step of Bangor university, with a consistent full time student enrolment in the region of 9,000 students each academic year. The area of upper Bangor has benefited from the emergence of many new business premises such as takeaways, independent stores and cafes. Attracted by the high student footfall.

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Bathroom 1

Size

1.95m x 1.88m

Bathroom 2

Size

1.88m x 1.61m

Bedroom 1

Size

5.16m x 3.68m

Bedroom 2

Size

3.27m x 2.87m

Bedroom 3

Size

2.55 x 2.75

Bedroom 4

Size

4.03 x 2.86

Bedroom 5

Size

2.42 x 5.10

Bedroom 6

Size

3.10 x 2.20

Bedroom 7

Size

3.22 x 4.65

Bedroom 8

Size

2.55 x 4.16

Kitchen

Size

5.44 x 2.66

Living Room

Size

5.13 x 3.72

EPC image EIR image

Floor plan of property

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