Summary - 52, College Road LL57 2AP
8 bed 2 bath House
Ready-made investment with secured income and on-campus proximity for student lets.
- 40 metres from Bangor University main campus, prime student location
- Income secured 2026/27: £47,616 gross
- Eight bedrooms, two bathrooms; communal living room included
- Sold with tenants in situ and all existing furnishings and fittings
- Private off-street parking at rear
- Solid brick Victorian build; character features and high ceilings
- Double glazing installed pre-2002; likely energy-efficiency upgrades needed
- Local area: high crime and very high deprivation; increased management costs possible
This established eight-bedroom HMO sits just 40 metres from Bangor University’s main campus and comes with tenants in situ and income secured for 2026/27 (£47,616). Its close proximity to campus and consistent student demand make it a straightforward let with minimal void risk.
The house retains Victorian character — bay windows, high ceilings and solid red-brick construction — combined with practical HMO features: a large communal living room, fitted kitchen with appliances, two bathrooms and an outhouse/utility. The sale includes existing furnishings and fittings, and the property is freehold with private off-street parking to the rear.
Investors should note the property’s drawbacks plainly. The accommodation is relatively compact for eight bedrooms (small overall plot and total floor area 1,656 sq ft) and there are only two bathrooms, which can increase wear and management demands. Windows are double glazed but pre-2002 and walls are assumed to be solid brick with no insulation, so energy efficiency upgrades may be needed. The local area shows high crime levels and very high deprivation, factors that can affect management costs and insurance premiums.
Practical positives include gas central heating, mains services, fast broadband and excellent mobile signal — all attractive to student tenants. The property suits investors seeking a ready-made HMO with immediate income, but budget for medium-term investment in energy improvements and ongoing management to maintain occupancy and yield.
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