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High Street, Bangor, Gwynedd, LL57


Price £200,000

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Overview

4 Bedroom Terraced House for sale in High Street, Bangor, Gwynedd, LL57

An excellent opportunity to acquire a freehold mixed-use investment property offering immediate income with established occupiers, situated in a prime High Street position in Bangor, within approx 100 yards of the Cathedral benefitting independent Gas fired c/heating, UPVC d/glazing to upper floors

The property comprises a ground floor and lower ground floor retail unit, currently let to a well-established hairdressing salon at a rent of £6,000 per annum. The commercial element extends to approximately 425 sq ft of retail space to the ground floor and occupies a prominent trading position within this busy and highly visible location.
The upper three floors are currently let on the residual of an occupational contract at £1,000 per month and are accessed independently from the rear and provide a well-presented, modernised self-contained apartment. The accommodation includes an open-plan living area incorporating contemporary fitted kitchen units, dining space and comfortable loung...

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Important Information

  • This is a Freehold property.

Key Info

  • Mixed Use Commercial and Residential Investment Property
  • Ground Floor Currently Let as a Hairdressing Salon
  • Upper Floors providing Fully Let Self Contained 4 Bedroomed Flat
  • Providing Circa. £18,000 per annum Income
  • Upper High Street Location
  • EPC: C & D/Council Tax A for Flat

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Mortgage Calculator


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Please fill out all of the fields to receive an estimate
Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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