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See how verdicts work2-bedroom flat · LL57 2RL
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to acquire a two-bedroom apartment within the impressive Grade II listed Tabernacle Chapel, a characterful former chapel which has been converted into residential accommodation.
Combining historic architectural charm with modern conveniences, this distinctive property offers open-plan living and two double bedrooms, making it an appealing prospect for first-time buyers, professionals or investors.
The accommodation comprises an open-plan kitchen, living and dining area, a galley-style kitchen with an attractive exposed brick arch feature, two double bedrooms and a contemporary bathroom featuring a walk-in shower.
The property further benefits from four Adax Neo electric panel heaters, each incorporating a built-in timer and thermostat, a Mira Sprint electric shower and Aqua Swift instant hot-water taps fitted in both the kitchen and bathroom.
The property is connected to mains utilities.
Tabernacle Chapel has a fascinating history, having been designed by renowned architect James Cubitt in the Arts and Crafts Gothic style and built in the early twentieth century.
Originally constructed as a Welsh Presbyterian chapel, the building later served a variety of purposes, including use as a BBC broadcasting centre during the Second World War, before being used by Bangor University and subsequently converted into flats.
Its Grade II listed status reflects its special architectural and historic interest, offering residents the opportunity to own a home within a building of genuine local significance.
Situated in the heart of Bangor, the property enjoys a convenient position close to the city’s everyday amenities.
Bangor High Street and the Menai and Deiniol shopping centres offer a range of shops, cafés, restaurants and essential services, while Bangor University and local educational facilities are also within the city.
Bangor bus station and railway station provide public transport links along the North Wales coast and beyond, while road connections offer access to the A55 and the wider region.
The city’s coastal setting and proximity to the landscapes of Eryri National Park further enhance its appeal.
Offering an unusual combination of historic character, practical modern fittings and a central location, this distinctive apartment is well worth viewing.
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Garth Road, Gwynedd
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