STUDENT BUY-TO-LET

Table of Contents

UNIVERSITY CITIES AND TOWNS IN THE UK: A, B, C, D, E, G, H, K, L, M, N, O, P, S, W, Y,

UNIVERSITIES IN THE LONDON AREA

B

City:

BANGOR

Universities

University of Wales, Bangor

Population:

20,000

Student Population:[From UCAS or individual websites]

Under Graduate

Post Graduate

Total

7430

1825

9255

Campus Capacity

(2200)

(300)

(2500)

Size of Market

5230

1525

6755

Drop out rates:

University of Wales, Bangor

10%

Student Areas

Centre, Hyrail,

Accommodation Officer Contacts:

University

Tel

Address

Web

Landlord Accreditation Scheme?

University of Wales, Bangor

01248 382032

Residential Services
University of Wales, Bangor
Bryn Haul, Victoria Drive
Bangor
LL57 2EN

www.bangor.ac.uk

Yes

Planned development for city

Marks & Spencer is to open in Bangor and will, according to the developers, bring more shoppers into the region. It will also create around 50 new jobs when the new store opens in spring 2005. M&S are building the store in the proposed new Wellfield shopping centre.Developers Cathco said this move by a major high street retailer and the size of the Wellfield scheme would have a marked impact on retailing in north west Wales. The new store will occupy the first phase of the £25m re-development of the city's main shopping area.

Planned development for universities

University of Wales, Bangor

A major new cancer research laboratory, financed by £3.5 million of private and public funding, has been officially opened at the University of Wales, Bangor. The North West Cancer Research Fund Institute at the University's School of Biological Sciences will conduct fundamental research into the causes of cancer, and will make a significant contribution to cancer research in the UK.A £10m world-class management centre is to be set up by Bangor University. The university's business school hopes the new centre will make a major contribution to the economy of north Wales by providing management courses to local business people.A European Objective One grant of more than £5m will contribute to the development.

Campus room rental**:

Minimum

Maximum

£40

£65

Yield range

6.6 – 7%

3 bed house (i.e. 2 bed upstairs + 1 converted other)

4 bed house

5 bed house

6 or more bed house

Entry Price

£89,000

£120,000

£135,000

£170,000

Median Room Rate

£42

£40

£41

Average Yield B*

6.7%

6.6%

6.8%

B - Estimated Annual Profit

£733

£917

£1,445

£1,600

Financial Scores

Total(out of 10)

Capital Growth(out of 5)

Yield(out of 5)

5.5

2.5

Description:

The city of Bangor lies just between the Menai Straits and the foot of the Snowdonia National Park. It has easy access from the A55 expressway, which makes it just 45 minutes from the major motorway networks. Bangor depends heavily on the university, which was founded in 1884, and during college term the city has a population of around 20,000. The city has two shopping centres and a good mix of local and national chain stores.Bangor is in a beautiful area, sandwiched by the sea and the mountains. The city itself is small. For places with more to offer, Chester and Liverpool are also quite close and many students head this way at the weekends. There are a couple of clubs in town and some good pubs.

Websites to advertise on:

Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.comEasy roommate: http://uk.easyroommate.com

Student room lets: www.letalife.com

Professionals and student lettings: www.professionalaccommodation.com/Bangor.asp

Estate Agents:

Address

Tel

Web

Dafydd Hardy Estate Agents

21 Bangor Street, Caernarfon, Gwynedd, LL55 1AR

01286 677774

http://www.dafyddhardy.com