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3 bedroom house for sale
Penllys Terrace, Bangor
£199,000
Penllys Terrace, Bangor
£199,000
Our Summary
- Located just 50 yards from the main University campus, this beautifully presented and fully furnished three-bedroom property on sought-after Penllys Terrace offers an exceptional investment opportunity in the heart of Bangor
- Current rental income of £1,000 PCM exc utilities with scope to increase to £1,150 from summer 2025 when the current occupants vacate
Description
This fully renovated three-bedroom property is an exceptional investment opportunity, located just 50 yards from the main University campus in Bangor. The property has been refurbished to a high standard throughout, with new plumbing and electrical wiring installed in 2023. The modern interior features a bright and spacious open-plan living area, complete with a contemporary kitchen/diner and a large front-facing window that floods the space with natural light. The three bedrooms are tastefully decorated and furnished, and the modern bathroom features a walk-in shower and high-quality fittings. With a current rental income of £1,000 PCM, there is scope to increase the rent to £1,150 from summer 2025. The property also benefits from a brand-new roof installed in 2023 and an unbeatable location, within easy walking distance of the University, high streets, and a range of shops, cafes, restaurants, pubs, and entertainment venues.