* Freehold
_Menai Reach, __ Stryd Fawr (High Street), Bangor, Gwynedd LL57 1DH_
A designated site included in the Gwynedd Local Development Plan overlooking
the Menai Strait, providing a total of 47, 000 sq. ft gross internal floor area
producing a on this site
* Within easy walking distance of the Old Port area, City Centre & University,
* Luxury development opportunity for 70 apartments and penthouses
* Projected gdv in excess of £12. 5million
* Stunning views over Bangor Old Port & the Menai Straight beyond
* Architect designed scheme arranged over four individual blocks, with:
* 22 one bedroom apartments
* 40 two bedroom apartments
* 8 penthouses
_The bangor marketplace_
Located on the banks of the Menai Strait, nestled into the backdrop of
Snowdonia with spectacular views of Anglesey & the Irish Sea the University
City of Bangor is unique in having 50% of the population directly connected to
its long established university.
Bangor also has a substantial shortage of quality City Centre residential
properties for sale or rental, estimated currently to be in excess of 5, 000
units.
Pent - up demand comes from:
* _UK & overseas buy to let investors_
__ Offering both capital growth & high yields with low void periods
* _UK and overseas students & parents_
Bangor’s high proportion of non - local & foreign students presents the ideal
‘family investment’
* _Young postgrad professionals_
The introduction of quality City Centre residential properties provides spin -
off trade for local retail & leisure
* _University staff_
__ The choice of an enhanced living environment leads to staff retention
* _Bangor hospital staff_
__ Staff retention & community are equally important to a growing Hospital
population
* _The local indigenous population_
__ Creating a rejuvenated City Centre with improving retail, food & leisure
can make Bangor flourish.
* _Holiday market_
__ Geographically, Bangor represents an ideal base for Staycations & thereby
high yields for holiday lets.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: