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See how verdicts work2-bedroom house · LL57 1BT
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold with no onward chain is this character cottage conveniently located in Hirael, Bangor which could make an exciting investment opportunity with demand for such rental accommodation high in the area.
With move in ready presentation, the mid terraced property could make a fantastic first time buy.
The mid terraced residence is well located for the nearby amenities such as City centre, Bangor University, train station, waterfront and pier and also the A55 expressway.
Benefitting from double glazing and gas central heating, the property is laid out to provide a lounge, fitted kitchen, sun room and ground floor bathroom with two sizeable bedrooms on the first floor.
Enjoying a rear enclosed yard, there’s a residential car parking area opposite the property. Contact us today on to arrange a viewing!
Ground Floor Lounge 13' 0'' x 12' 2'' (3.96m x 3.70m) A spacious yet cosy ground floor reception rooms, window to front and staircase leading to the first floor accommodation.
Kitchen 12' 2'' x 6' 6'' (3.70m x 1.99m) Fitted kitchen with a matching range of base and eye level units with worktop space over the units.
Sun Room 9' 0'' x 7' 1'' (2.74m x 2.16m) This adaptable ground floor room could be used for a variety of purposes to suit the requirements of the occupier such as dining room, work from home office/study or second sitting room.
Patio door leading out to the rear yard. Bathroom Ground floor bathroom suite fitted with bath and shower overhead, WC and wash hand basin.
First Floor Landing Doors into: Bedroom 1 12' 2'' x 10' 3'' (3.70m x 3.12m) Spacious double bedroom, window to front and useful built in storage cupboard.
Bedroom 2 12' 2'' x 7' 0'' (3.70m x 2.13m) Second sizeable bedrooms, window to rear. Outside The mid terraced property benefits from an enclosed rear yard and useful storage outbuilding.
There’s residential car parking opposite the terrace. Tenure We have been advised that the property is held on a freehold basis.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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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 Water Street, Bangor, Gwynedd, LL57
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