8 bedroom House 52 College Road, Bangor

Summary

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. For the current 23/24 academic year, the property has a total gross rent of £44,160 secured. 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. Benefitting 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 benefitted from the emergence of many new business premises such as takeaways, independent stores and cafes. Attracted by the high student footfall.