Property description
An HMO compliant 9 bedroom INVESTMENT property located close to the main University and campus providing a current rental income of £72.00 per week per room (Based on 38 weeks + retainers). The property is offered for sale subject to and with the benefit of 8 existing assured shorthold tenancies and has also been pre-let from the 20th September 2014 to the 6th June 2015 (8 AST's - each tenant paying £72.00 per week). This end of terrace 1895 built Townhouse provides spacious accommodation over three floors and benefits from combi gas fired central heating, a fire alarm system and Upvc double glazing. The accommodation briefly comprises - Entrance Porch, Entrance hall, Separate Wc, Dining/kitchen, Back kitchen, nine Bedrooms and two newly installed Shower rooms. Outside, there is a yard area, a storage shed and former outside Wc with plumbing for a washing machine. NOTE - The tenants are also responsible for the payment of the water rates, gas and electricity.
Entrance Porch
Mosaic tiled flooring, part glazed door opening into the -
Entrance hallway
Mosaic tiled flooring, cloaks rail, fire alarm console.
Downstairs Wc (New)
Low flush Wc, wash hand basin, tiled splash back, ceiling down lighters.
Bedroom One - 14' 3'' x 10' 10 (4.34m x 3.30m)
Two Upvc double glazed windows including a large bay front window, picture rail, radiator.
Bedroom Two - 15' 0'' x 9' 8 (4.57m x 2.94m) Narrowing to 5'4\" L shaped
Upvc double glazed window (rear), two further Upvc double glazed windows (side), radiator.
Kitchen/Diner - 12' 1'' x 7' 10 (3.68m x 2.39m)
Upvc double glazed window (side), range of work surfaces, single drainer stainless steel sink unit, base cupboards and drawers, range of wall units, combi gas fired boiler (serves the hot water and central heating). Doorway through to -
Back Kitchen - 10' 2'' x 7' 0 (3.10m x 2.13m)
Two Upvc double glazed windows (rear), part glazed side outer door, range of granite effect work surfaces, single drainer stainless steel sink unit, range of base cupboards and drawers, four wall units, electric cooker point, extractor fan.
Stairs to the first floor.
Bedroom Three - 10' 10'' x 9' 3 (3.30m x 2.82m)
Upvc double glazed window (side), built-in wardrobe, shelving, radiator.
Bedroom Four - 12' 6'' x 9' 9 (3.81m x 2.97m) Max
Upvc double glazed window (rear), boarded over fireplace, radiator.
Bedroom Five - 8' 7'' x 7' 0 (2.61m x 2.13m)
Upvc double glazed window (front), built-in cupboard, radiator.
Bedroom Six - 15' 1'' x 7' 10 (4.59m x 2.39m)
Two Upvc double glazed windows (side and one being a front bay), radiator.
Shower Room One
Upvc double glazed frosted glass window (side). Newly installed suite comprising corner shower cubicle, fully tiled with a 'Triton' showe, wash hand basin with a tiled splash back, low flush Wc, tiled floor, extractor fan, ceiling spot lights, radiator.
Shower Room Two
Upvc double glazed frosted glass window (side). Newly installed suite comprising - fully tiled double shower cubicle with a 'Bristan' shower, low flush Wc, pedestal wash hand basin, tiled floor, extractor fan.
Stairs to the second floor landing.
Sky light window.
Bedroom Seven - 13' 9'' x 10' 9 (4.19m x 3.27m)
Upvc double glazed window (rear). Radiator.
Bedroom Eight - 12' 3'' x 8' 10 (3.73m x 2.69m)
Upvc double glazed window (side). Radiator.
Bedroom Nine - 15' 8'' x 12' 2 (4.77m x 3.71m)
Upvc double glazed windows (side and front). Radiator.
Outside.
To the rear of the property is a Yard with a gas meter cupboard and a gate providing independent side access. There is a former outside Wc (plumbed for a washing machine) and a Storage Shed (8'1\" x 5'4\"). Slate steps lead up from the yard to a concrete over roof patio area with a timber fence.
Location
Bangor is a University City with a population of around 16500 not including approximately 10,000 students. This property is ideally located to capture the student market being only a short walking distance from the main University buildings and campus. All the social/shopping amenities of the High street are close to hand and there is also a nearby mainline railway station providing a direct service to London Euston.
Directions
Heading into Bangor on the Holyhead road, after passing Morrisons supermarket, turn left (opposite the railway station) into Deiniol road. Continue for a short distance and turn left into Farrar road and then right into Abbey road where the property is located on the left hand side.