Summary - 1 FRIARS AVENUE BANGOR LL57 1BB
4 bed 1 bath House
Four-bedroom Victorian terrace with strong HMO income potential and scope to extend.
Freehold Victorian terraced house with bay window character features
A spacious Victorian terraced house on Friars Avenue offering clear HMO and family-home potential. The layout includes separate lounge and dining rooms that can convert to bedrooms, a compact rear kitchen, and three first-floor bedrooms plus large unconverted attic space — useful for adding extra bedrooms or storage. An external outhouse/extension to the rear is suitable for a utility room or ground-floor bathroom conversion, supporting HMO conversion prospects.
Financially attractive for investors: current market evidence suggests circa £500 per room per month achievable, and the property has previously operated as an HMO. The dwelling is offered freehold and lies close to the seafront and the main high street, making it appealing to students and professionals who populate this cosmopolitan neighbourhood.
Be clear-eyed about condition and location: the house needs renovation throughout and the kitchen and bathroom are small. The area scores as very deprived with above-average crime — factors that will influence tenant mix, management costs and mortgage/insurance terms. The plot and overall footprint are modest, so outdoor space is limited.
This is a practical project for an investor prepared to renovate, reconfigure internal layouts and add bedrooms in the attic. It will also suit a buyer seeking to create a family home who accepts a medium-term refurbishment programme.
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