Summary - 2 LOWER PENRALLT ROAD BANGOR LL57 2PR
4 bed 1 bath House
Immediate income close to campus, sold fully furnished for hands-off letting.
- 100 metres from Bangor University main building
- Secured gross rent £23,405 for 2026/27 academic year
- Four double bedrooms, sold fully furnished
- One bathroom shared between four occupants
- Victorian end-terrace with period exterior character
- Built before 1900; stone walls assumed uninsulated
- Small plot and limited external space
- Located in a very deprived area with high crime levels
Located just 100 metres from Bangor University’s main building, this four-bedroom end-terrace is a turnkey HMO investment for the 2026/27 academic year. Sold fully furnished, the property comes with all fixtures and fittings and a secured gross income of £23,405, offering immediate rental continuity in a high-demand student neighbourhood.
Interior space includes four double bedrooms, a living room, a well-equipped kitchen and a sizable bathroom with both a bath and separate shower. The house retains period character externally with Victorian red brick and sash windows, while internal finishes are practical and ready for student occupation.
Notable concerns are straight-forward: there is a single communal bathroom for four tenants, limited external space, and the property sits in a very deprived area with a high local crime rate. The building was constructed before 1900 and walls are stone/granite with no known insulation, so buyers should allow for possible thermal and maintenance upgrades.
This property suits investors seeking an immediate HMO income close to university facilities and local amenities. It provides predictable cashflow but requires realistic budgeting for ongoing maintenance, potential energy-efficiency improvements and management given the location and communal facilities.
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