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
Flat 19 Tabernacle Chapel is a spacious two bedroom property located in Tabernacle Chapel on Garth Road.
The spacious and bright living room has been fully furnished with two two-seater sofas, a coffee table, and a dining room table with chairs.
The kitchen has been fitted with plenty of surface and cupboard space for all of the tenants in the flat.
A washing machine has also been fitted in the kitchen, along with a fridge/freezer and an electric hob and oven. The bathroom in the property has been fitted with a toilet, sink, and shower.
Both of the bedrooms have been furnished with a chest of drawers, bed, and study desk with chair. There is no gas in the building and a smart meter has been installed for the electricity payments.
There is also a large car park towards the rear of the property for students who are lucky enough to have their own vehicle.
Conveniently located near the city centre and across the road to one of Bangor's major supermarkets, this property is in an ideal location.
Living Room - 3.63 x 5.18 (11'10" x 16'11") - Kitchen - 1.59 x 2.56 (5'2" x 8'4") - Bedroom 1 - 2.45 x 3.40 (8'0" x 11'1") - Bedroom 2 - 3.00 x 4.28 (9'10" x 14'0") - Bathroom - 1.92 x 2.11 (6'3" x 6'11") -
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 19, Tabernacle Chapel, Bangor
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