2-bedroom property · BT20 3QR
For saleReduced £5k (−4.2%) on 7 OctListed 64 days
Opportunity summary
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About
First Floor Apartment 2 Bedrooms Spacious Lounge uPVC Double Glazing Oak Kitchen Shower Room Economy 7 Heating System On Call System No Onward Chain As you contemplate the appeal of your present or pending retirement your thoughts may well turn to suitable accommodation that will perfectly combine security and a suitable level of comfort.
Should this be that case let us introduce to you this delightful first floor apartment suitable for over 55's that secures both the above attributes and more.
The specific apartment by the same token has been well maintained and presently displays a modern bright kitchen and Shower Room, very much in keeping with such a perfect concept.
The overall complex is well designed and offers a communal lounge and kitchen facilities where residents can congregate and enjoy a cup of tea or coffee The specification is further enhanced by well maintained gardens that are a delight to be enjoyed in this sought after location of Bangor West, which for the more agile, gives access to delightful coastal walks and social amenities.
There is also a guest bedroom for relatives to come and stay should they wish. ACCOMMODATION ENTRANCE HALL Walk-in storage. Built-in cloaks cupboard.
Built-in hotpress wth lagged copper cylinder and immersion heater. LOUNGE 4.95m x 3.20m (16'3" x 10'6") Dimplex Economy 7 storage heater.
KITCHEN 3.15m x 2.64m (10'4" x 8'8") Range of oak high and low level cupboards and drawers with roll edge work surfaces. Extractor hood with integrated fan and light.
Single drainer stainless steel sink unit with mixer tap. Part tiled walls. BEDROOM 1 3.68m x 3.15m (12'1" x 10'4") Dimplex Economy 7 storage heater.
BEDROOM 2 2.74m x 2.69m (9'0" x 8'10") Dimplex Economy 7 storage heater. SHOWER ROOM Comprising: Corner shower with electric shower. Pedestal wash hand basin. W.C. Tiled walls.
Dimplex electric wall heater. Built-in extractor fan. MANAGEMENT FEE Service charge: £1900.00 approximately per annum. Ground Rent: £25.00 approximately per annum.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 20 Alexander Court, Bangor, BT20 3QR
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