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Siliwen Road, Bangor, Gwynedd, LL57

Wales

£475,000
Listed on 06/01/2026

Property Details

Bedrooms
N/A
Type
Detached
Area
6383 sqft

Description

Discover a unique opportunity to transform a significant property in Bangor's vibrant heart, formerly utilized as offices by Bangor University. This prominent three-storey detached structure, known as Ogwen, boasts around 6,380 sq.ft (approx. 593.3 sq.m) of adaptable space situated conveniently near the city centre and vital transport links. The building features an attractive combination of red brick and roughcast render under a slate roof, adorned with distinctive bay windows that enhance its architectural character. Internally, the layout comprises multiple office rooms across three floors, complemented by kitchen and WC facilities along with generous storage areas. The property also offers on-site parking with designated bays and an accessible space, all set against a charming landscaped exterior enriched by mature trees that provide a serene atmosphere. This property is not just a building; it represents a chance to rejuvenate part of Bangor’s academic legacy, presenting ample possibilities for redevelopment or alternative usage—subject to necessary planning permissions.

Investment Analysis

(LL57 area)

Below Market Value

This property is priced -63.4% below area average per sq ft

-63.4%
Potential saving
This Property
£74/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,427,079
10% above area average per sq ft
Potential ROI
+128.3%
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
14%
Properties sold annually

Local Market Trend (LL57)

Area prices are rising by +15.4% over the last 12 months
3 year growth: +14.9%
5 year growth: +18.7%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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