Summary - 89 HIGH STREET BANGOR LL57 1NS
12 bed 14 bath Detached
Turnkey 12-bed HMO with basement studio near Bangor University—investment ready..
12 en-suite bedrooms plus self-contained basement studio ideal for HMO income
Newly renovated internally; ready for student occupancy and immediate rent roll
Large 4,145 sq ft Victorian property with high ceilings and period character
Mains gas boiler heating; double glazing installed before 2002
Solid brick construction; assumed no added wall insulation — retrofit likely
Located moments from Bangor University and city centre amenities
Very high local crime rate and very deprived area — affects management costs
Tenure and council tax band unknown; confirm before purchase
This substantial Victorian detached property offers a turnkey investment in Bangor’s student corridor. Newly renovated and configured as a 12-bedroom HMO, each bedroom has an en-suite and there is an additional self-contained basement studio — designed for immediate rental income and strong occupancy close to the university and town centre.
Practical infrastructure includes mains gas boiler heating and double glazing (installed before 2002). The building’s period character and high ceilings help it stand out to student tenants, while communal kitchens and laundry facilities support shared living. The 4,145 sq ft internal area and a decent plot with mature trees provide scope for outdoor amenity and landscaping.
Buyers should note material issues honestly: the property sits in a very high crime, very deprived area which can affect management and insurance costs. Constructed before 1900 with solid brick walls (no added insulation assumed) and older glazing means there may be ongoing energy-efficiency and maintenance work. Tenure and council tax band are not stated and should be confirmed prior to purchase.
This is best suited to investors seeking a high-yield student HMO with immediate cashflow potential and room for operational optimisation. The property is largely ready to let but carries location-related risks and some likely retrofit costs for long-term energy performance and security upgrades.
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