2-bedroom flat · LL57 2RL
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
12 Tabernacle Chapel is a spacious, newly decorated 3 bedroom flat.
Tabernacle Chapel is conveniently located near the City Centre across the road to one of Bangors' Supermarkets as well as a few minutes walk away from the local clubs, pubs and shops.
Bedroom 1 - 2.65 x 4.00 (8'8" x 13'1") - Bedroom 2 - 2.91 x 4.03 (9'6" x 13'2") - Bedroom 3 - 3.05 x 3.07 (10'0" x 10'0") - Kitchen - 1.77 x 4.06 (5'9" x 13'3") - Living Room - 3.00 x 3.15 (9'10" x 10'4") - Bathroom - 1.72 x 1.90 (5'7" x 6'2") -
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
Short-let licence or registration needed
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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 12, Tabernacle Chapel, Garth Road, Bangor
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