Ready-made 5-bed HMO close to Bangor University — needs some updating, strong rental potential..
Registered 5-person HMO, ready for student lets
Close walk to university buildings and city centre
uPVC double glazing and gas central heating installed
Attached garage, forecourt and off-road parking available
Approx 1,271 sq ft; decent plot for area
Requires modernization; roof may need replacement
Located in very deprived area with very high crime
Freehold tenure; council tax rated moderate
This freehold mid-terrace is offered as a registered 5-person HMO, positioned a short walk from university buildings and Bangor city centre. Communal lounge and kitchen areas, five bedrooms and an attic room make it immediately usable for student lets or shared living.
Practical features include uPVC double glazing, mains gas central heating, an attached garage, forecourt and paved rear yard, plus off-road parking. The plot is a decent size for the area and the property footprint (approximately 1,271 sq ft) suits rental or conversion plans for income-focused buyers.
Material considerations are straightforward: the property shows mid-century fittings that will need modernization in places and the roof may require attention. The location has very high recorded crime levels and is in a very deprived area, which affects tenant profiles, rental premium and resale perception.
For investors or landlords seeking near-term rental income, the HMO registration and proximity to the university are key strengths. Buyers seeking a long-term family home should factor in refurbishment costs and the local social/environmental context before committing.
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