Summary - 34 COLLEGE ROAD BANGOR LL57 2AP
5 bed 2 bath House
Ready-made rental close to university with secured short-term income.
Five double bedrooms, all let-ready
A ready-made five-bedroom HMO situated under 100 metres from Bangor University, offering immediate rental income and strong letting demand from students. The property is sold with existing furnishings and a secured rental contract for Sep 25–Jun 26 declaring income of £26,578 for that nine-month period.
Built in 1884, this mid-terrace Victorian house keeps period character (bay window, yellow brick) while having double glazing fitted after 2002 and a contemporary open-plan kitchen/living space. All five bedrooms are doubles and the layout includes two bathrooms, suited to high-occupancy rental use.
Buyers should note material maintenance and location factors: the building requires modernization and shows signs of damp; walls are solid brick with assumed no insulation; the area is classified as very deprived with high local crime rates. The plot is small with a modest garden and some rooms are small-to-medium in size.
For an investor this is a straightforward buy-to-let opportunity: immediate income, proximity to a large university, and tenant-ready furnishings reduce void risk. However, budget for refurbishment, damp remediation, and possible energy-efficiency upgrades to meet future compliance and improve long-term returns.
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