For Sale Q3 - 2019
Euston Road, Bangor is a stylish residential student accommodation development situated in a prime location in Bangor, North Wales; located close to Bangor city centre, Bangor railway station and the University Campus.
The completion of the Euston Road development is set for the summer of 2019 and will result in 45 high spec apartments and 3 cluster apartments with an outstanding 9% net yield investment return with a 2-year rental guarantee
Each apartment has a high-spec kitchen with fully integrated appliances along with an en-suite wet room bathroom with a large shower enclosure, ceramic porcelain tiling, and LED mood lighting. The contemporary décor throughout the apartments is nicely complemented by warm carpeted flooring in the living room and bedroom with a neutral oak effect in the kitchen area.
The 45 high-spec studio flats and 3 cluster-bedrooms are all being designed to meet the expectations and needs of the growing student population.
With high quality student accomodation in high demand, Euston Road, Bangor is the perfect choice for the savvy investor.
~ Bangor is a small coastal city in North Wales and is home to highly respected research institute of Bangor University.
~ Bangor has been a university town since 1884 and like all university towns, it has a bustling nightlife and social scene. It is one of the oldest and most prestigious degree awarding institutions in the UK.
~ Partnering with over 100 businesses, the university has also helped create a boom in the growing science and knowledge-based economy of the local area.
~ North Wales is described as a beacon of inward investment, exports and job creation – a Northern Powerhouse for the Welsh
~ Home to international giants like Toyota and ConvaTec in Deeside, Airbus and Magellan – part of the crown jewels of the Welsh aviation sector.
~ The city enjoys direct train links to London, Manchester, Liverpool and Cardiff and there is also a direct ferry link to Dublin from the nearby port of Holyhead. Bangor is a popular place to spend the night for travellers leaving for Ireland.
~ It is a picturesque place offering views over the Menai Strait and also serves as a Gateway for visitors to the nearby Snowdonia National Park.
The development’s location is a key selling point for multiple reasons. Close proximity to the University gives students easy accessibility, whilst the train station and public shopping districts are highly convenient for travel and city centre living.
The Euston Road apartments are located less than a mile from Bangor University, the city centre, and Bangor train station which has direct links to other major UK cities. With its high university rating and its low cost of living, Bangor is ranked as one of the most economical places to study in the UK.
North Wales is described as the beacon of inward investment, and its rising number of students has created a high demand for student accommodation. It has been recognised as the fastest growing economy in the G7 and has seen an influx of new jobs since 2010.
Nearby Anglesey is one of the most popular destinations in North Wales and because it’s an island there’s the added bonus of never being too far from the sea. There are plenty of beaches to choose from for a spot of sunbathing, swimming or surfing and if you fancy a trip further afield to Ireland, there are regular ferries from Holyhead to Dublin.
- £5000 Reservation Deposit
- 35% Due on Exchange
- 15% Due six months into construction plus furniture pack
- 50% Due on Completion(Q3, 2019)
Property type: Project Profile, Residential
Type of build: Conversion