Summary - 55 GARTH ROAD BANGOR LL57 2SF
4 bed 1 bath House of Multiple Occupation
**Standout Features:**
- 5-bedroom house of multiple occupation (HMO)
- Gross yield over 12%, currently fully let with annual rent of £22,800
- Located in Bangor City Centre, close to the pier and university
- Gas central heating and UPVC double glazing
- Freehold tenure, available at auction on October 29, 2025
This charming Victorian terraced house presents an ideal investment opportunity in the vibrant University City of Bangor. Currently operating as a fully let HMO with a strong rental yield, this property serves as a lucrative option for investors looking to capitalize on the local student market. The property features four bedrooms, including one double room, a spacious through lounge/dining room, a fitted kitchen, and a bathroom with a three-piece suite, providing comfortable living space for tenants.
While the house offers excellent rental potential, it is important to note that it has a small plot size and on-street parking. Additionally, the area is classified as deprived, which may impact long-term value. The property is within walking distance of local amenities, including shops, bars, and public transport, making it an attractive residence for students.
With favorable gross yields and the possibility of pre-auction offers, this property won’t last long in today’s competitive market. Seize the opportunity to invest in a thriving student neighborhood in North Wales!
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