Summary - Neuadd Deiniol, Holyhead Road LL57 2DP
19 bed 1 bath House
High-yield student investment close to campus with conversion upside.
- Projected 25/26 gross income £134,879 (11.81% gross yield)
- 19 double bedrooms plus several self-contained studios/apartments
- Prime student location: c.50m to Bangor train station and campus
- Large period rooms, high ceilings, bay windows and external stone walls
- Off-street private parking to side/rear — rare local benefit
- Only one bathroom shown for 19-bed configuration; upgrade needed
- Stone walls likely uninsulated; glazing install date unknown
- Very deprived area with high local crime and higher council tax
A substantial Victorian detached building in a prime student corridor of Bangor, Neuadd Deiniol offers an established income stream and clear re-letting demand. For 2025/26 the projected gross rental income is £134,879, producing an 11.81% gross yield on the asking price — backed by a history of consistent occupancy and proximity to Bangor University and the main train station (c.50m).
The property is arranged as 19 double bedrooms plus a mix of self-contained studios and 2/3/4-bedroom apartments, plus communal kitchens, making it ready for continued multi-occupancy use. Key physical strengths include large period rooms, high ceilings, prominent bay windows, private side/rear vehicular access and off-street parking — scarce assets for this area.
Buyers should note material maintenance and operational realities: the building dates from c.1900–1929 and the stone walls are assumed uninsulated; double glazing installation date is unknown. There is only one bathroom shown for the 19-bed configuration, and parts of the fabric require refurbishment or upgrading to improve energy performance. The property sits in a very deprived area with high local crime rates and comparatively expensive council tax — factors that affect management costs and tenant mix.
For an investor, the asset offers immediate rental cashflow and conversion/optimisation potential (attic/basement, reconfiguration of communal spaces, higher-yield studios). For purchasers planning refurbishment, improvements to insulation, bathroom provision and communal facilities would increase long-term appeal and reduce voids. The location, income history and parking provision make this a distinctive student-HMO investment with transparent uplift opportunities.
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