Summary - Fron Oleu, The Crescent, Bangor, Gwynedd, LL57 2PY LL57 2PY
1 bed 1 bath Land
Quick-to-deliver development close to station for investor or developer buyers.
- Full planning for 2 x 2-bedroom flats with balcony and garden
- Freehold plot 25m x 8m (approx 200m2)
- Elevated position with views across the city
- Off-street private parking included in consent
- Section 106: £35,000 contribution required
- Sold at online auction; 5% deposit and buyer's premium apply
- Small plot limits scale; scheme is two flats only
- Local area: very deprived with high crime rates
A compact development plot in Upper Bangor with full approved permission for two 2-bedroom flats — an opportunity for investors or small-scale developers targeting strong student and commuter demand. The site is elevated with city views, a planned balcony, private parking and a rear garden, all close to Bangor train station and major road links to Anglesey.
The planning consent and clear title (freehold) shorten the lead time to construction, making this suitable for developers who can work within a small 25m x 8m footprint. Excellent digital connectivity and frequent bus routes support rental appeal, particularly to students and commuting professionals. The sale will be by online auction, with a 5% deposit, buyer’s premium and rapid 28-day completion requirement.
Buyers must factor in the Section 106 contribution (£35,000) payable to the council and the auction-related purchase costs (5% + VAT buyers’ premium, minimum fees apply). The immediate neighbourhood is classified as very deprived with higher-than-average crime rates, which may affect rental yield, resale value and financing terms. The plot is small, so the approved scheme is essentially the maximum reasonable layout for the site.
This lot is geared to cash buyers or those with pre-approved finance who can commit quickly. For experienced local developers or investors looking for a quick-to-deliver two-flat scheme in a transport-connected city location, the permissioned plot offers clear near-term build potential — provided you budget for the S106, auction premiums and the constraints of the local market.
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