2-bedroom flat · BT20 5DJ
Listing removedListed 79 days
Opportunity summary
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About
First Floor Apartment City Centre Location nestled away from the hustle & bustle Total Internal Area Approx 650 sqft Well-Presented Throughout Two Well-Proportioned Bedrooms Spacious Open Plan Lounge to Kitchen Modern Bathroom Suite Gas Fired Central Heating uPVC Double Glazing Private Entrance with Stairs to First Floor Allocated Parking Space Short Distance to renowned Coffee Shops, Restaurants, Bangor Marina & Coastal Path OFFERS OVER - £119,950 Independent Property Estates are pleased to introduce to the Sales Market 31 Alfred Street, Bangor.
Nestled away from the hustle and bustle of Bangor City Centre, yet only moments from its vibrant cafés, renowned restaurants, picturesque marina and scenic coastal path, this well-presented First Floor Apartment offers the perfect balance of convenience and privacy.
Whether you're a first-time buyer, downsizer or investor, this attractive home presents an excellent opportunity to enjoy low-maintenance living in one of North Down's most desirable coastal locations.
Accessed via its own private entrance, the accommodation extends to approximately 650 square feet and is thoughtfully arranged throughout.
A bright and spacious open plan Lounge enjoys dual windows, allowing natural light to flood the room, while seamlessly flowing open plan into the Kitchen.
Offering an excellent range of high and low level units with integrated appliances, it provides an ideal space for both everyday living and entertaining.
The Apartment further benefits from two well-proportioned Bedrooms and a Bathroom fitted with a modern white three-piece suite, complete with a mains shower over the bath.
Externally, the Apartment benefits from an allocated parking space, adding further practicality to this superb city centre home.
Combining a tucked-away setting with exceptional convenience to Bangor's array of amenities, this impressive Apartment is certain to attract a wide range of purchasers.
First Floor LOUNGE: 4.5m x 3.58m (14' 9" x 11' 9") Spacious front aspect Reception Room, with dual windows creating a bright environment, complete with Laminate Wooden Floor and open plan to the Kitchen.
KITCHEN: 3.45m x 3.2m (11' 4" x 10' 6") Fitted Kitchen, open plan off the Lounge, with an excellent range of high and low level units with complimentary Worktops.
Integrated Appliances include a Fridge / Freezer, a Hob with Oven under, a Stainless-Steel Sink unit and is also plumbed for a Washing Machine.
Complete with Laminate Wooden Floor continued from the Lounge. BEDROOM (1): 3.58m x 3.m (11' 9" x 9' 10") Front Aspect Bedroom.
BEDROOM (2): 3.02m x 3.m (9' 11" x 9' 10") Side aspect Bedroom.
BATHROOM: 2.21m x 2.01m (7' 3" x 6' 7") White three-piece suite comprising a Push Button W.C., a Pedestal Wash Hand Basin amd a tile surround Panel Bath with Mains Shower.
Complete with tiled floor. Ground Floor ENTRANCE HALL: Private access door leading internally to the stairs to the First Floor Landing. Outside FRONT: Allocated Parking Space.
Directions Alfred Street is located off Bangor's High Street. Number 31 is located towards the end of Alfred Street.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
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FAQ
About 31 Alfred Street, Bangor, BT20 5DJ
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