1-bedroom flat · LL57 1HE
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ebenezer Chapel is a property with a great past, as it was converted from an old chapel into a modern and desirable home. Flat 8 is a spacious flat with one good sized bedroom including a double bed.
The large living room has two comfortable sofas with the kitchen being modern in design and well equipped with a washing machine, fridge freezer, oven and hob.
The bathroom has everything a potential tenant needs with a toilet, sink and shower. Ebenezer Chapel is in a great location tucked away in a side street just off the main high street in Bangor.
The high street has an abundance of shops, cafes, restaurants and bars with several supermarkets within a few minutes’ walk away.
Public transportation runs regularly with a train station, taxi rank and bus station close by.
Living Room - 4.34 x 3.29 (14'2" x 10'9") - Kitchen - 4.20 x 1.71 (13'9" x 5'7") - Bathroom - 3.37 x 1.38 (11'0" x 4'6") - Bedroom - 3.88 x 3.05 (12'8" x 10'0") - Hallway - 4.15 x 0.82 (13'7" x 2'8") -
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 York Place, Bangor
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