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4 bedroom property 7 William Street

Price

£165000

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Key Features

  • Four Bedroom HMO Investment Property
  • Opportunity to Achieve Gross Rent in the Region of £23,000 P/A
  • Multiple Washrooms
  • Ample Communal Space
  • Extended Property
  • Rear Garden Area With Patio

Summary

Positioned in a highly convenient location, this four-bedroom HMO in Bangor offers an excellent opportunity for investors seeking strong rental potential. The property sits just a five-minute stroll from the Menai Straits in one direction and Bangor High Street in the other, making it particularly appealing to tenants who value both scenic surroundings and easy access to local amenities.

Internally, the accommodation is well laid out for shared living, featuring multiple washrooms and a long, functional kitchen that caters to multi-occupancy use. Generous communal spaces run throughout the property, providing a comfortable environment for tenants and enhancing its overall appeal as a rental investment.

To the rear, the property benefits from a patio garden area, offering low-maintenance outdoor space. A rear extension further enhances the footprint, incorporating an enlarged kitchen area, an additional bedroom, and a dedicated shower room, adding both flexibility and income potential.

While the property would benefit from some TLC and cosmetic uplift, it presents a compelling value-add opportunity. Following refurbishment, there is potential to achieve gross rental income in the region of £115–£130 per bedroom per week, depending on the final specification and individual room sizes.

Overall, this is a well-located HMO with solid fundamentals and clear scope for improvement, making it an attractive proposition for investors looking to maximise returns in a popular rental area.

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Living Room

Size

4.43 x 3.43

Kitchen

Size

4.72 x 2.74

Bathroom

Size

2.51 x 2.46

Shower Room

Size

1.82 x 1.31

Bedroom 1

Size

3.71 x 3.20

Bedroom 2

Size

3.64 x 3.02

Bedroom 3

Size

4.59 x 2.21

Bedroom 4

Size

4.16 x 1.81

EPC image

Floor plan of property

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