Summary - 2 MOUNT PLEASANT TERRACE BANGOR LL57 2AD
5 bed 2 bath Terraced
Central student location close to university with essential modern upgrades.
Licensed 5-bedroom HMO with immediate rental income (4 students secured)
This Grade II listed mid-terrace townhouse is offered as a ready-made HMO investment close to Upper Bangor and the university. It is licensed for five bedrooms and currently has four students secured for the 2025/26 academic year, producing a quoted income of £2,469 PCM including bills. Key services are modernised — kitchen, two shower rooms and gas central heating — so the property is income-ready for a new owner.
The house retains period character (sash windows, coved ceilings and slate roof) across four storeys while presenting compact, HMO-typical room sizes. External space is limited: a small landscaped rear garden, gravelled front seating and a covered store/bike area. The plot is on a steep slope with shared access steps.
Important considerations for buyers: listed status (Grade II) will restrict alterations and may complicate maintenance or conversion work. The surrounding area is classed as very deprived with a high local crime level; this is typical for dense student neighbourhoods and affects management and tenant screening. EPC and structural improvement needs may remain despite recent essential upgrades.
For an investor seeking a close-to-campus income stream, the property is a low-effort acquisition with immediate rental cover and basic modern utilities in place. Those planning to undertake capital works should allow time and budget for listed-building consent and consider enhanced security and management measures given local crime and deprivation levels.
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