2-bedroom flat · LL57 2SZ
For saleListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a ground floor 2 bedroom flat in Hirael Bay which could be used for a variety of purposes such as investment, first time buy or retirees looking to downsize to ground floor living.
Demand for rental accommodation in Y Bae is currently high with properties sought after in the development.
Located on the ground floor in a block of 4 flats, the property is laid out to provide an open plan living/dining area with modern fitted kitchen, a master bedroom with it's own ensuite shower room, second bedroom and bathroom.
Benefitting from central heating and double glazing, the property has a dedicated car parking space for residents.
Ideally situated near the waterfront, Bangor's local amenities are all within easy reach such as the City centre, historic Pier, main University buildings, bus stops, train station and the A55 expressway.
Being sold with no onward chain, this ground floor flat could be your next venture. Contact us today on to arrange a viewing.
Ground Floor Secure resident entrance, door into the ground floor flat: Entrance Hall Fitted cupboard to side, doors into: Open Plan Living 13'7" x 23'8" (4.14m x 7.21m) A modern open plan living arrangement with living/dining and kitchen presented as one.
Whilst being open plan, the accommodation provides three distinct areas. The kitchen is fitted with modern matching base and eye level units with worktop space over the units.
There is further space for dining room table set and seating furniture.
Bedroom 1 17'0" x 16'10" (5.18m x 5.13m) Spacious double bedroom, window to front and door into: Ensuite 7'7" x 4'11" (2.31m x 1.5m) En-suite shower with shower cubicle, WC and wash hand basin.
Bedroom 2 12'0" x 6'6" (3.66m x 1.98m) Sizeable single bedroom, window to front. Bathroom 5'7" x 5'9" (1.7m x 1.75m) Bathroom suite fitted with bath, WC and wash hand basin.
Outside The property benefits from a dedicated residents car parking space.
Tenure We have been advised that the property is held on a residual lease with over 140 years remaining as of 2026. There is an annual service charge of £1,288.68.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Y Bae, Bangor, Gwynedd, LL57
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