College Road, Bangor
VA

College Road, Bangor

By Varcity Living Limited

£ 280,000

Reviews

2 out of 5 stars

Varcity Living Limited says ..

A fantastic HMO investment opportunity for a buyer looking for a readymade long term investment. This five bedroom HMO comes with a secured rental contract, for the 24/25 academic year providing a total gross rent of £31,023.86. Comprising of five double bedrooms, two bathrooms...

Property Oracle says ..

This five-bedroom property located on College Road in Bangor presents itself as a promising investment opportunity, particularly for those interested in the student rental market. Its proximity to Bangor University makes it an attractive choice for students, boosting its rental potential. The property’s interior, although functional and in fair condition based on the photos, shows a fairly standard level of finish. The kitchen and bathrooms appear recently updated, while other areas appear unrenovated. The photos suggest a basic level of amenities but no apparent major repair issues. The small rear yard offers limited outdoor space. While the listing highlights the potential rental income, it is crucial for potential buyers to conduct thorough due diligence, including a full survey to accurately assess its condition and value. Comparing the listed price to the average price of similar houses on College Road, some differences are notable, with the asking price being comparatively lower. However, the details of the nearby houses are not fully transparent and thus a full comparison is impossible without further investigation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
5
Bathrooms
2
Sqft (est)
1,579.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
240,195.00 £
Decreased by 9.12 %
from 264,307.00 £
Est sale value
341,064.00 £
Increased by 8.54 %
from 314,221.00 £
Average area rental value
558.00 £/mo
Decreased by 48.85 %
from 1,091.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.79 %
Decreased by 43.64 %
from 4.95 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Varcity Living Limited marked this listing as sold.

  • Varcity Living Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Y GarneddWelsh Establishment0.42 KM
Bangor Independent SchoolWelsh Establishment0.73 KM
St Gerards School TrustWelsh Establishment0.75 KM
Ysgol Ein HarglwyddesWelsh Establishment0.85 KM
Ysgol Gynradd HiraelWelsh Establishment1.19 KM

Images

34 Coll.JPG Living room 1.JPG Hallway.jpg Kitchen1.1.jpg Bathroom1.jpg Kitchen1.jpg 34CollegeRd_Kitchen1.6.JPG DSC03215.JPG DSC03244.JPG DSC03246.JPG Yard.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
College Road £ 361,50000.00 KM
Gorad Road £ 000.00 KM
Ffordd Deiniol £ 350,00000.00 KM
Garth Road £ 000.00 KM
Ffordd Ffarrar £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bangor (Gwynedd)2471BNG0.79 KM
Llanfairpwll2467LPG8.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
College Road, Bangor £ 280,000BUY5 / 100.00 KM
College Road, Bangor £ 385,000BUY5 / 100.06 KM
Vron Square, Bangor £ 230,000BUYUnknown0.06 KM
The Crescent, Bangor £ 360,000BUY6 / 100.07 KM
College Road, Bangor £ 359,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
46 College Road £ 253,7500.02 KM
36 College Road £ 224,0000.02 KM
58 College Road £ 406,2500.02 KM
56 College Road £ 375,0000.02 KM
50 College Road £ 384,0000.02 KM