Large period property with clear student rental potential near station.
Six double bedrooms ideal for HMO use
A spacious Victorian six-bedroom house on Bangor High Street, currently configured as an HMO and promising strong rental returns. The property’s high ceilings, large double bedrooms and two kitchens have historically attracted student groups, and nearby comparable lets show clear income potential of around £40,000 pa.
This end-terrace period home needs renovation to meet modern HMO standards: decorative and fixture upgrades, possible insulation improvements and general refurbishment are required. The building sits on a small plot with a modest rear garden and faces a busy High Street, which suits student or commuter tenants but limits privacy and quiet.
Practical advantages include an EPC rating of C, mains gas central heating, double glazing and excellent transport links — a five-minute walk to the train station and immediate access to shops, bars and the university. Investors should note the local context: very high crime levels and a very deprived area, which will influence management, letting strategy and insurance costs.
For a buyer with renovation experience or an investor prepared to modernise, the property offers a large internal footprint (c.1,815 sq ft) and proven HMO demand. The project suits hands-on refurbishers who can upgrade standards and capture steady student rental income in a convenient town-centre location.
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