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Siliwen Road, Bangor, Gwynedd, LL57 - Image 1
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Siliwen Road, Bangor, Gwynedd, LL57

Wales

£475,000
Listed on 17/05/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
6383 sqft

Description

This is a noteworthy chance to acquire a sizable and distinctive property located in the centre of Bangor, previously utilized as office space for Bangor University. Known as Ogwen, this striking three-storey detached building encompasses around 6,380 sq.ft (approx. 593.3 sq.m) of flexible internal space nestled just off Siliwen Road, with easy access to the city centre, university facilities, and transport links. The property boasts an impressive period exterior featuring a blend of red brick and roughcast render topped with a slate roof, enhanced by elegant bay windows and remarkable architectural details. Internally, it is configured over three levels with numerous office rooms, kitchen and WC facilities, along with ample storage options. There are dedicated on-site parking spaces available, including an accessible bay. The beautifully landscaped frontage and mature trees create a serene atmosphere while still being conveniently located within walking distance of Bangor train station and High Street amenities. This property offers a unique opportunity to revitalize a piece of Bangor’s academic legacy, presenting significant potential for redevelopment or repurposing subject to obtaining the necessary planning permissions.

Investment Analysis

(LL57 area)

Below Market Value

This property is priced -63.6% below area average per sq ft

-63.6%
Potential saving
This Property
£74/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,435,856
10% above area average per sq ft
Potential ROI
+98.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LL57)

Area prices are rising by +6.2% over the last 12 months
3 year growth: +10.1%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on LL57 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Siliwen Road, Bangor, Gwynedd, LL57
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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