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 3 Tabernacle Chapel is a spacious, modern two bedroom apartment located just a short walk from Bangor High Street and across the road from the supermarket Aldi.
Both of the bedrooms have been fully furnished with a double bed and various storage pieces such as wardrobes and chests of drawers.
The kitchen has been fitted with plenty of counter top and cupboard space for both tenants, an electric oven and hob, and a washing machine.
The living room has been fully furnished with two two-seater sofas, coffee table, TV unit, and a dining room table with four chairs.
The bathroom has been fitted with a toilet, tap, and bathtub with shower attachment. Tabernacle Chapel is situated only a few minutes walk from Bangor's high street and the main University buildings.
It is also just across the road from Puregym.
Bedroom 1 - 1.99 x 3.87 (6'6" x 12'8") - Bedroom 2 - 2.88 x 3.88 (9'5" x 12'8") - Living Room - 3.50 x 3.70 (11'5" x 12'1") - Kitchen - 2.39 x 3.51 (7'10" x 11'6") - Bathroom - 2.00 x 2.35 (6'6" x 7'8") -
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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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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