A ‘Block’ of student flats have been put up for sale for more than £2m on College Road in Bangor, consisting of four large terraced properties which are opposite the main entrance of Bangor University.
The properties are described by Halls Commercial Agents as being prominently located in the sought after “golden mile” that serves Bangor University and are available for total price of £2.25m.
The properties, at 50, 52, 54 and 56 College Road, are described as a very well maintained student let investment opportunity, providing 31 Bedrooms arranged within the four terraced properties, with valuable off road parking at the rear of the property.
The Agents said: “The properties have been the subject of an on-going scheme of maintenance and improvement works and the condition of the properties together with their location combine to create a strong student let investment opportunity.
“The opportunity exists, subject to any statutory consents, to convert the ground floor common sitting room into a further bedroom, the conversion of the roof void within the properties to create a further bedroom and the potential development of further residential accommodation at the rear of the property via the rear car parking area of the property within accommodation land held in the property ownership.”
