Summary - 60 Caernarfon Road LL57 2YB
7 bed 2 bath End of Terrace
Seven-bedroom licensed HMO opposite station — established income, refurbishment potential..
- Licensed 7-bedroom HMO currently let to students
A substantial seven-bedroom Victorian end-of-terrace offering strong HMO potential in central Bangor. Arranged over multiple floors, the property currently operates as a licensed student HMO and produces an advertised annual rental income of £37,664. The layout includes a lounge/diner, kitchen, sun room, utility, two shower rooms, separate WC and seven bedrooms including a large top-floor room.
Built in traditional stone with high ceilings and large windows, the building's corner position and high street frontage give excellent visibility and easy access to the train station, university and local amenities. Gas central heating and double glazing are present; the EPC is D. The property footprint is compact with no obvious garden and roadside parking restrictions.
This suits investors seeking an established student let or landlords wanting a high-room-count HMO in a transport- and university-linked location. Buyers should budget for interior modernisation and HMO compliance checks: refurbishment is likely to improve yields and tenant appeal.
Notable negatives are the town-centre setting in a very deprived area with above-average crime, limited external space and constrained on-site parking. The stone walls are likely uninsulated and, as a pre-1900 build, an independent survey is recommended to confirm structural, damp and insulation condition before purchase.
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