2-bedroom flat · LL57 2RL
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
14 Tabernacle Chapel is a spacious two-storey flat which retains many of the original chapel features. The flat has two bedrooms, both with desk, wardrobe and shelving.
Each of these bedrooms have a curving arch left from the original shape of the chapel, which makes for a beautiful feature. The kitchen also has a stained-glass window that lets in a wealth of light.
In addition, the kitchen also contains dining furniture, a microwave, oven, washer-dryer, fridge-freezer and plenty of storage. The living room contains a sofa, chairs and television.
The great location of this property means it’s within walking distance of local pubs and shops, as well as local supermarkets.
Living Room - Large and bright living room that has kept the old chapel feel. Includes television, sofas and chairs.
Kitchen - Bright kitchen that includes a table and chairs, oven, microwave, sink and storage cupboards. Bedroom 1 - Single room oozing with character.
Includes desk, wardrobe, chest of drawers and shelving. Bedroom 2 - Bright second bedroom with great features. Includes desk, wardrobe, bedside cabinet and free standing shelves.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Garth Road, Bangor
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