1-bedroom flat · LL57 2AW
Listing removedReduced £3.5k (−3%) on 20 JunListed 539 days
Opportunity summary
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About
A Stylish And Modern First Floor 1 Bedroomed Apartment Situated In A Fairly Recent Residential Development Within The City Of Bangor, Convenient For The City Centre, University, General Hospital And A55 Expressway.
The Layout Would Certainly Suit A Single Person, A Couple, Investor Or Professional. There Is An Intercom Phone In The Lounge Allowing Remote Access To Callers At The Main Door.
Externally, There’s Communal Gardens & Allocated Parking For 1 Vehicle.
The accommodation which benefits from electric heating and double glazing briefly comprises a communal entrance hall with stairs to the first floor landing with door leading into the apartment briefly comprising an open plan living/kitchen with base and wall storage cupboards with complementary work surfaces and matching upstands, stainless steel single bowl sink with mixer tap, built under electric oven with ceramic electric hob with brushed steel splash back above and integrated extractor over, integrated fridge/freezer, integrated washer/dryer, recessed lighting and low maintenance flooring.
Off the kitchen is the living area with a feature bay window to the front aspect, recessed lighting and electric radiator, built in cloaks storage cupboard and access to the loft space.
Continuing off the entrance are doors leading off into bedroom 1 with built in mirrored wardrobe storage, electric radiator and window to rear aspect boasting super mountain views, bathroom briefly comprising a shower cubicle with electric shower and tiled splash back, low flush Wc, pedestal wash hand basin, chrome heated towel rail, part tiled walls and ceramic tiled flooring, recessed lighting, extractor fan and frosted window to rear.
Note Some Furnishings Are Available By Negotiation If Required Externally Communal gardens along with one allocated parking space to the side of the building.
Location Bangor is a busy city with a large student population and offers many attractions such as a Victorian pier, 18 hole golf course, bowling green and comprehensive arts centre.
The High Street and out of town retail parks have a good choice of well-known shopping outlets, alongside numerous supermarkets, a wide choice of cafés, restaurants and public houses.
The A55 Expressway, is just a short drive away offering easy access to the beautiful Isle of Anglesey, the Eryri National Park and eastbound North Wales coastal resorts.
Agents Notes 125 years from 1 January 2016- 116 Years remaining Ground Rent: Approx £150 per annum.. Service Charge: Currently £1540 per annum approx.- - £385 to be paid quarterly.
New boiler installed 2019.
Note Some Furnishings Are Available By Negotiation If Required Council Tax Band B £1883.23 2025/2026 Broadband Up To 778 Mbps Exact Location what3words ///polishing.postage.stale agents notes: If you arrange a viewing of this property, you will receive a confirmation email in your inbox.
Please make sure you check your 'spam' or 'junk' folder as it sometimes finds its way in there.
Note to Customers Lucas Estate Agents recommend clients/customers to use the conveyancing services of Mackenzie Jones Solicitors.
The client/customer will receive a free, no obligation conveyancing quote from Mackenzie Jones Solicitors, should the client/customer proceed to engage the services of Mackenzie Jones Solicitors and a property transaction successfully completes, then Lucas Estate Agents will receive a referral fee of £120 inclusive of VAT.
Value & comps
No previous sales 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.
Area
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FAQ
About 51, Llys Adda, Bangor
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