A landmark Grade II-listed building in the heart of Bangor has been placed on the market, offering a rare opportunity for buyers interested in a heritage property with full planning permission for residential development.

Located on Ffordd Gwynedd, just off Bangor’s High Street and a stone’s throw from the Cathedral, the site, known as The Old Canonry, is available for offers in the region of £450,000. The sale includes the main four-storey building and several outbuildings, all of which form part of a sensitive and fully approved redevelopment plan to create nine residential apartments, including two ‘affordable’ units.

A Building with a Historic Past

The Old Canonry boasts a rich and varied history. Originally used as clergy accommodation linked to Bangor Cathedral, the building later served as the Gwynedd Museum and Art Gallery for several decades. Following the museum’s relocation to Storiel at the Bishop’s Palace, the property was converted in 2017 into Bangor Independent School, which operated until its closure in 2023.

Now vacant, the building has been described by agents Varcity Living as a “unique development opportunity in one of Bangor’s most characterful and central locations.”

Planning Approval Already in Place

A major selling point is the existing planning permission, granted by Cyngor Gwynedd in 2024. The consent allows for the internal conversion of the building into nine self-contained apartments, three two-bedroom and six one-bedroom units, while preserving the building’s historic character, including its slate floors, high ceilings, and stained glass windows.

No external alterations are required, and two of the units are earmarked for affordable housing. The sale also includes outbuildings with the potential for garage use, storage, or. with further permissions, a wine bar or restaurant.

As a listed building, elements of the interior must be retained, including a prominent staircase. Holiday lets and Houses in Multiple Occupation (HMOs) are prohibited under the planning agreement; the new homes must be used as primary residences.

According to the agent, the site could generate over £110,000 in annual rental income, making it an appealing proposition for developers and long-term investors alike.

Prime Central Location

Situated next to the main bus station and city centre car parks, the property is ideally placed for residential use and contributes to a broader trend of repurposing historic Bangor buildings. Just recently, Gwynedd Council approved plans to turn the former Coed Mawr School into affordable housing.

Viewing and Contact

The property is being marketed by Varcity Living, and full planning documents, floorplans, and pricing details are available on their website.