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 %
- Est sale value
- 341,064.00 £Increased by 8.54 %
- Average area rental value
- 558.00 £/moDecreased by 48.85 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.79 %Decreased by 43.64 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Varcity Living Limited marked this listing as sold.
Varcity Living Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Y Garnedd | Welsh Establishment | 0.42 KM | |
| Bangor Independent School | Welsh Establishment | 0.73 KM | |
| St Gerards School Trust | Welsh Establishment | 0.75 KM | |
| Ysgol Ein Harglwyddes | Welsh Establishment | 0.85 KM | |
| Ysgol Gynradd Hirael | Welsh Establishment | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| College Road | £ 361,500 | 0 | 0.00 KM |
| Gorad Road | £ 0 | 0 | 0.00 KM |
| Ffordd Deiniol | £ 350,000 | 0 | 0.00 KM |
| Garth Road | £ 0 | 0 | 0.00 KM |
| Ffordd Ffarrar | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bangor (Gwynedd) | 2471 | BNG | 0.79 KM |
| Llanfairpwll | 2467 | LPG | 8.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| College Road, Bangor | £ 280,000 | BUY | 5 / 10 | 0.00 KM |
| College Road, Bangor | £ 385,000 | BUY | 5 / 10 | 0.06 KM |
| Vron Square, Bangor | £ 230,000 | BUY | Unknown | 0.06 KM |
| The Crescent, Bangor | £ 360,000 | BUY | 6 / 10 | 0.07 KM |
| College Road, Bangor | £ 359,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 46 College Road | £ 253,750 | 0.02 KM |
| 36 College Road | £ 224,000 | 0.02 KM |
| 58 College Road | £ 406,250 | 0.02 KM |
| 56 College Road | £ 375,000 | 0.02 KM |
| 50 College Road | £ 384,000 | 0.02 KM |