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£205,000

Friars Avenue, Bangor, Gwynedd, LL57

  • 5 beds
House

£205,000

  • 5 beds
House
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Estimate monthly mortgage payment:

£936 per month

Minimum deposit amount:

£10,250
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Conveniently situated close to the city centre and within easy reach of the University this surprisingly spacious, Mid Terrace home (Licensed 5 Person HMO) is a great opportunity for someone looking for a first time buy or an addition to a rental portfolio. The well proportioned accommodation still retains some original features and briefly comprises of a welcoming Entrance Hall that leads into the inner Hallway that features a painted wooden stairs to the first floor. Off the Hall are 2 good size Double Bedrooms whilst to the rear is a light and spacious Kitchen/Diner that has a ceramic tiled floor and is fitted with a range of light wood base and wall units, topped with a contrasting black work surface and is equipped with an electric cooker point. Beyond the Kitchen is a useful Utility room with a washing machine point. On the first floor are a further 2 more, generous size Double Bedrooms, served by a modern part tiled Bathroom that has a white bath suite. A separate Shower Room completes the first floor. Located within the roof space is a 5th Double Bedroom that is accessed by its own turning staircase. The property has a mains gas central heating system and also benefits from uPVC double glazing throughout. Outside at the front of the property is a stone flagged garden area, whilst to the rear is a spacious yard with a covered storage area and access to the service ally. We highly recommend you book a viewing soon to fully appreciate this beautifully presented family home, close to everything that the vibrant city of Bangor has to offer. Current rental income is Approx. £1,820 PCM until 30th June 2024. Rental income from August 2024 until June 2025 is set at Approx. £22,080.00 per annum (Please note: This a 5 bed HMO which would have a greater gross income but we have currently elected to just let it to 4 students.)
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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