4 bedroom property 2 Trevelyan Terrace, High Street

An excellent investment opportunity in the heart of Bangor! This property has a current HMO licence for 5 people should the lounge be converted to a fifth bedroom. However, it is currently being used as a 4-bedroom HMO and is ideally situated at the bottom of Bangor High Street, just a 5-minute stroll to the seafront, offering convenience, greatly appealing to occupants. With other four/five-bedroom properties within the area being rented for an annual gross rent circa £5,000 per bedroom if rented for a 12-month academic year, the property provides great scope as a long-term investment. It will be sold with all existing furnishings It has a well-established history of occupancy spanning eleven years.

Currently let to occupants until the end of June 2025, with a full Occupational Contract already secured for the 2024/25 academic year starting in August. The property generates a total gross rental income of £18,720 for the 11 month 2025/26 term, including all bills with an electricity cap in place – ensuring both stability and predictable returns for investors.

Spread over three floors, the property features four generously sized and fully furnished bedrooms, each equipped with a bed, study desk with chair, and ample storage – ideal for student or young professional tenants.

The property benefits from a ground floor extension housing a large bathroom with shower, WC, and sink, alongside a separate WC on the first floor, enhancing tenant comfort and practicality.