1-bedroom flat · LL57 2RL
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ground floor of a converted chapel, this charming one-bedroom apartment effortlessly combines character with modern convenience.
Offering a unique living space full of original features and charm, the property presents an excellent opportunity for both owner-occupiers and investors alike.
The apartment features a spacious double bedroom and a well-appointed bathroom complete with a bathtub, overhead shower, WC, and wash basin.
The semi open-plan kitchen and living area creates a welcoming space for both everyday living and entertaining, with plenty of room to host family and friends.
Perfectly positioned in the heart of Bangor, the property is within a 5-minute walk of the High Street, a 10-minute stroll to Bangor Pier, and just 10 minutes from Bangor University, making it an excellent choice for professionals, students, and those seeking a centrally located home.
For investors, the property offers the potential to generate a rental income of approximately £800 per calendar month on the local rental market, providing an attractive buy-to-let opportunity.
Excellent transport connections are close at hand, with Bangor's train and bus stations providing convenient public transport links, while the nearby A55 dual carriageway offers easy access across North Wales and beyond, making commuting straightforward.
Bedroom - 3.86 x 3.14 (12'7" x 10'3") - Bathroom - 2.34 x 1.81 (7'8" x 5'11") - Living Room - 4.35 x 3.03 (14'3" x 9'11") - Kitchen - 2.38 x 2.27 (7'9" x 7'5") -
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Garth Road, Bangor
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