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Holyhead Road, Bangor, LL57

Retail for sale

£399,995
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Total price
SOA
Space

Located on a prime corner plot in the busy Upper Bangor area is this superb investment property which is Ideally situated to take advantage of the student rental market and currently benefits from a 5 Person HMO licence. This fully modernized and well maintained substantial property is set over 3 floors and comprises of 6 spacious bedrooms on the first and second floors which share a fully fitted kitchen, lounge, utility room and 2 modern shower rooms. The ground floor is occupied by a popular cafe with a fully fitted commercial kitchen, customer toilets and a sizeable seating area. Being fully occupied and generating a total income in the region of £36k per annum, this is an investment well worth taking a look at. Full details of tenancies and leases will be available from the agents.

LOCATION

Bangor is a vibrant cosmopolitan city, regarded as the City of Learning with the university providing courses and facilities that attract students from all around the world. There are plentiful schools and further education facilities complimented by the vast range of amenities that include excellent high street shopping, out of town retail parks, numerous supermarkets, a mainline railway station and a public swimming pool. At the heart of the City is the recently opened Pontio Arts Centre offering something for everyone all year round. Holyhead Road is located in Upper Bangor, a vibrant and predominantly student area of the city.

DESCRIPTION

Located on a prime corner plot in the busy Upper Bangor area is this superb investment property which is Ideally situated to take advantage of the student rental market and currently benefits from a 5 Person HMO licence. This fully modernized and well maintained substantial property is set over 3 floors and comprises of 6 spacious bedrooms on the first and second floors which share a fully fitted kitchen, lounge, utility room and 2 modern shower rooms. The ground floor is occupied by a popular cafe with a fully fitted commercial kitchen, customer toilets and a sizeable seating area. Being fully occupied and generating a total income in the region of £36k per annum, this is an investment well worth taking a look at. Full details of tenancies and leases will be available from the agents.

Listed Features

  • Parking
  • WC Facilities
  • Retail Park
  • Lounge Area
  • Showers
  • Kitchen
  • High Street
  • Multiple floors
  • General Retail
  • Cafè
  • Modern Design
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Property Marketed By
Dafydd Hardy