4 bedroom property 12 Lower Street

Price

£175000

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Key Features

Gross rental income of £22,000 secured for 24/25 and 25/26, rising to £22,080 for 26/27
Prime location adjacent to Bangor High Street
Four double bedroom HMO with strong student appeal
Elevated position with panoramic city and sea views
Open-plan kitchen/living area with recently upgraded kitchen and bathroom
All furniture and fittings Included

Summary

Generating a gross annual income of £22,000 for both the 2024/25 and 2025/26 academic years, with an increase to £22,080 for 2026/27 (£115 per person, per week over 48 weeks), 12 Lower Street represents a strong, turnkey HMO investment in a prime Bangor location.

Situated adjacent to Bangor High Street, this four-bedroom property benefits from elevated, far-reaching views across the city and out to sea, making it highly appealing to student occupants. The accommodation includes a modern open-plan kitchen and living area on the lower ground floor, four double bedrooms, and a recently upgraded bathroom and kitchen, all presented in good condition throughout.

Externally, the property features a rear patio area, ideal for outdoor seating. All furniture and fittings are included within the sale, ensuring a smooth transition for investors.

Bangor’s rental market remains robust, with approximately 8,100 full-time students recorded in the latest official statistics, highlighting consistent demand for well-located HMO properties.

A well-positioned, fully let investment offering reliable returns and strong rental appeal.