6 bedroom House 53 High Street, Bangor

Summary

Large Victorian six bedroom HMO with high rental potential, looking for an investor with vision, searching for an exciting project. Proving popular with student groups in the past, due to large double bedrooms, high ceilings and multiple kitchens, in addition to the highly convenient location, the property now requires development, to bring it in-line with modern expectations. To demonstrate the earnings potential, within 1/4 mile radius there are 7x six bedroom properties, pre-let for the 23/24 academic year, for an average annual income of £34,746.12 each. Comprising of four storeys, including two kitchens, a bathroom, shower room, two WC's, lounge/diner and six spacious double bedrooms. Situated at the top end of Bangor High Street, only a five minute walk from the train station and within close proximity to many local amenities such as supermarkets, cafes, bars, restaurants and independent retail stores.