5 Bedroom HMO

Caernafon Road, 
Bangor, 
LL57 4LN
Purchase price
£155,000
  • Tenanted
ATTENTION INVESTORS - HIGH YIELDING HMO IN BANGOR! Substantial fully occupied five-bedroom licensed HMO, don't miss out and enquire today.
  • Financial Performance*
Gross rent
£23,400
Net income
£15,456
Gross yield
15.1%
Net yield
9.97%
  • Key Features
  • Licensed five bed HMO
  • Freehold investment opportunity
  • Loft conversation
  • Communal dining room
  • Communal bathroom with seperate shower room
  • Fully occupied
  • Well positioned close to Bangor city centre
  • Strong rental demand

Situated in a well established residential location, this freehold licensed five bedroom HMO presents an excellent investment opportunity. The property is licensed for five occupants and comprises five letting bedrooms arranged over three floors, including a loft conversion. The ground floor offers one bedroom together with a communal dining room, while the first floor provides three further bedrooms, a communal bathroom and a separate shower room, both with WC facilities. The converted loft accommodates the fifth bedroom. The property is currently self managed and has been maintained as a straightforward investment with communal facilities suited to both student and professional tenants.

Caernarfon Road is conveniently positioned close to Bangor city centre, providing easy access to a wide range of amenities including supermarkets, cafés, restaurants and independent shops. The property is also within easy reach of Bangor railway station and benefits from excellent transport links via the A55, providing convenient access across North Wales and towards Chester and the North West. Bangor University is one of the city’s largest employers and continues to generate strong demand for quality shared accommodation.

Bangor continues to benefit from significant public and private investment designed to strengthen the local economy and improve infrastructure. Regeneration projects have focused on enhancing the city centre, upgrading public spaces, improving transport connectivity and supporting business growth through the North Wales Growth Deal. Continued investment in education, healthcare and employment opportunities reinforces Bangor’s position as an important regional centre and supports long term demand for well located investment properties.

Please note, figures are representative of the property being self managed which is how it is currently operated.

  • Financial Performance *
Gross rent
£23,400
Estimated annual running costs
£7,944
Net income
£15,456
Gross yield
15.1%
Net yield
9.97%

Fill in your details below to enquire about property YL-08602
5 Bedroom HMO

Caernafon Road, 
Bangor
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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