2-bedroom flat · LL57 2AT
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located just a short walk away from the main University building, 1 Penllys Terrace is ideally situated for those who wish to be close to the action without living directly in the busiest streets of Bangor.
Perched on a scenic terrace overlooking the back of Pontio and Bangor high street, the property can certainly boast some excellent views.
In this two bedroom property, both bedrooms are of a generous size with double bed, desk and office chair and plenty of storage furniture.
On the same floor the bathroom can be found, which is spacious and fitted with sink, toilet and shower stall.
Downstairs is a comfortable living room with two sofas and TV stand, with a separate dining room to the rear of the property furnished with dining table and chairs for six, which makes this room perfect for hosting.
In addition, there is also a fridge-freezer in this room and plenty of storage furniture to tidy away belongings. The kitchen contains oven and hob, washing machine and extractor fan.
Tenants benefit from a wealth of storage space in the form of cupboards, open shelving and a shelved pantry.
The property also benefits from a private courtyard garden, as well as private parking, which can be hard to come by in the city.
Hallway - 3.82 x 1.66 (12'6" x 5'5") - Bathroom - 2.61 x 2.09 (8'6" x 6'10") - Bedroom 1 - 3.86 x 3.66 (12'7" x 12'0") - Bedroom 2 - 4.77 x 3.69 (15'7" x 12'1") - Kitchen - 2.63 x 1.93 (8'7" x 6'3") - Living Room - 3.63 x 3.43 (11'10" x 11'3") - Dining Room - 3.63 x 3.34 (11'10" x 10'11") -
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 1, Penllys Terrace, Bangor
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