Income-producing Victorian HMO with private parking and tenants until 2026.
Registered HMO with tenants secured until June 2026
A substantial six-bedroom, registered HMO in the heart of Bangor city centre, offered with tenants in place until June 2026 and producing in excess of £2,800 pcm. The red-brick Victorian property retains period features such as bay windows, high ceilings and an original mosaic hallway floor, while practical updates include mains gas central heating and uPVC double glazing.
The layout suits continued HMO use or resale: two double bedrooms (one with en suite) on the ground floor, four further bedrooms upstairs, a generous living room, a well-equipped kitchen and separate bathroom and shower room. Outside there is a small front patio and a private rear parking area capable of holding up to four vehicles — an uncommon and valuable city-centre asset.
Important considerations are straightforward: the building is of solid brick construction (likely no cavity insulation), so thermal upgrades may be needed to improve energy efficiency. The property sits in a very deprived area with a very high local crime rate — factors that affect tenant mix, management and insurance. The units are let through academic cycles, making this most appropriate for investors targeting student lets or landlords used to city-centre HMO management.
Overall, this is a cash-generative, city-centre HMO with parking and traditional character that will benefit from ongoing maintenance or selective upgrading to maximise long-term income and capital growth.