For Sale

Freehold Student Accommodation – Bangor

Ty Glyn, High Street, Bangor, LL57 1YH

Offers in excess of £4,450,000

Property Type:
Residential
Sub Types:
Student Accommodation, Block of Flats
Tenure:
Freehold

Description

  • Freehold student¬†accommodation block
  • Converted office now comprising 60 self-contained studios
  • Central Bangor location, close to Bangor University
  • High quality conversion
  • Contracted rent for 2017/2018: ¬£390,167
  • Gross yield (based on contracted rent): 8.77%
  • Expected rent for 2017/2018: ¬£452,456
  • Gross yield (based on expected rent): 10.17%