Summary - 51 ORME ROAD BANGOR LL57 1AY
4 bed 2 bath Apartment
Two furnished 2‑bed flats in a sought-after student pocket, strong cashflow potential..
Freehold two 2-bed apartments, sold fully furnished
Current combined rental income £1,700 pcm; potential >£2,000 pcm
Proven student lettings market with consistent occupancy
Victorian mid-terrace with bay windows and traditional façade
Interiors dated; cosmetic modernisation likely required
Limited external space; small shared front garden only
Area classified as very deprived; steady rental demand, limited capital growth
No flood risk; council tax band cheap
Two self-contained, freehold 2-bedroom apartments on Orme Road present a clear buy-to-let opportunity in a busy student area of Bangor. Both units are sold fully furnished and currently produce a combined rental income of £1,700 pcm, with stated potential to exceed £2,000 pcm in future years. The layout is practical and proven for lettings, with bay-window living rooms that provide natural light and bedrooms sized for student or professional tenants.
The building is a mid‑terrace Victorian property with a traditional rendered façade. Interiors are serviceable but dated; kitchens and bathrooms are described as modern fittings, yet several rooms and communal areas would benefit from cosmetic updating to maintain rental appeal and justify rent increases. There is limited external space — a shared small front area only — and no substantial garden.
Location is a strong driver: close to the high street, public transport, and local amenities, making the apartments attractive for students and short-term tenants. Council tax is inexpensive and there is no flood risk. The wider area shows high deprivation, which can support steady rental demand but may limit capital-growth prospects compared with more affluent neighbourhoods.
This is a straightforward, low‑management income asset for an investor targeting the student market or a landlord seeking immediate cashflow. Factor in refurbishment costs if you plan to push rents higher or reduce future maintenance work.
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