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9 bedroom House 17 The Crescent & 31 Vron Square

Price

£360000

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Key Features

  • £46,620 Combined Gross Income For 24/25 Academic Year
  • Two Adjoining HMO's Totalling 9 Bedrooms
  • Prime Student Location Next to Main University Campus
  • All Double Bedrooms
  • Long Term Investment Potential
  • 31 Fron Square EPC - D
  • 17 The Crescent EPC - E

Summary

We are pleased to present a fantastic investment opportunity to acquire two adjoining HMO properties—31 Fron Square and 17 The Crescent—offered for sale together. Located just 100 meters from Bangor University’s main building in Upper Bangor, these properties boast an exclusive location highly sought after by students. 31 Fron Square has a secured contract for the 25/26 academic year worth a total rent of £22,263.43 with 17 The Crescent currently advertised for a total rent of £28,542.86.

Both homes were fully renovated in 2022, including new flooring, a fresh coat of paint, and stylish new furnishings, all of which are included in the sale price. The properties currently generate a combined gross income of £46,620 for the 2024/25 academic year.

Additionally, there is an opportunity to purchase 27 and 29 Fron Square, which are currently occupied as family residences and generate a combined net income of £1,350 per month. Acquiring the entire plot also presents a developer’s opportunity to reconfigure the layout, allowing for the creation of smaller self-contained units—perfectly suited for the high demand for such accommodation in the area.

With Bangor University attracting around 10,000 students annually, the demand for shared student housing remains strong. The city benefits from excellent transport links, including road and rail connections, as well as the Holyhead ferry port just 20 minutes away, providing a direct link to Ireland.

This is a prime opportunity for investors and developers seeking a profitable and strategically located property portfolio.

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17 The Crescent - Bedroom 1

Size

4.4 x 2.5

17 The Crescent - Bedroom 2

Size

3.77 x 2.55

17 The Crescent - Bedroom 3

Size

3.73 x 1.61

17 The Crescent - Bedroom 4

Size

3.7 x 2.51

17 The Crescent - Bedroom 5

Size

3.71 x 2.47

17 The Crescent - Living Room

Size

3.75 x 2.81

17 The Crescent - Bathroom

Size

1.87 x 1.64

17 The Crescent - Kitchen

Size

3.93 x 2.31

17 The Crescent - W/C

Size

2.18 x 0.99

31 Fron Square - Bedroom 1

Size

3.88 x 2.38

31 Fron Square - Bedroom 2

Size

3.91 x 3.71

31 Fron Square - Bedroom 3

Size

3.91 x 3.61

31 Fron Square - Bedroom 4

Size

3.94 x 2.37

31 Fron Square - Living Room

Size

3.91 x 2.38

31 Fron Square - Kitchen

Size

3.83 x 2.15

31 Fron Square - Bathroom

Size

3.13 x 1.64

Floor plan of property

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