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Spacious 60 bed Apartment property

Available

For Sale

Listed Jul 16, 2025

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£4,500,000

Available

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Description

"A well established PBSA block of 60 self contained studios, offering a total secured gross rental income of £434,502 for the 24 25 academic year. Providing a 9.6% gross yield. For future years, this property has scope for achieving an annual rental income in excess of £530,000.

Each studio comes fully furnished and with its own private kitchen, bathroom and breakfast bar area, with two spacious shared communal areas.

With an average annual student intake of 10,525 students since the 14 15 academic year, Bangor University is a well established EST 1884 , higher education provider, with a consistently high demand for student accommodation.

Located on Bangor high street, in a highly convenient position, only a 10 minute walk from the main university campus and close to several supermarkets, bars, restaurants, cafes and local independent retail stores.

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