2-bedroom flat · LL28 4QA
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented two bedroom first floor apartment with a lovely balcony to enjoy the sea views over the harbour in the heart of Rhos on Sea-across the road from the promenade & beach-steps away from the local shops, cafes & other amenities.
Situated in “Rhos Abbey”, a purpose-built, well-managed & maintained development with a secure communal entrance and lift & stairs to all floors.
The apartment also has the added bonus of an allocated off-road parking space.
Inside the apartment comprises of:- Hallway with built-in storage, spacious lounge/diner with good-sized balcony overlooking the sea, opening into the kitchen which has integrated:-fridge/freezer, oven, induction hob & extractor, two double bedrooms-both of which are to the front aspect and have fitted wardrobes.
A bathroom completes the apartment. The property has UPVC double-glazed windows and gas central heating.
Viewing is highly recommended to appreciate the fabulous location, spacious layout and wonderful sea views.
Lounge/Diner 17' 10'' x 11' 2'' (5.43m x 3.40m) Balcony 11' 0'' x 4' 0'' (3.35m x 1.22m) Kitchen 11' 1'' x 6' 3'' (3.38m x 1.90m) Bedroom One 15' 7'' x 10' 2'' (4.75m x 3.10m) Bedroom Two 15' 7'' x 9' 3'' (4.75m x 2.82m) Bathroom 7' 7'' x 6' 1'' (2.31m x 1.85m) Location The property is located in the popular coastal resort of Rhos On Sea with its wealth of local shops and other facilities.
The larger resorts of Llandudno and Colwyn Bay are approximately 3 miles and 1 mile respectively and it is conveniently located for easy access to the A55 dual carriageway for Chester and the motorways beyond, also the main rail line Holyhead to Euston.
Directions From the Rhos On Sea office turn left onto the promenade where Rhos Abbey Apartments can be found on the left hand side.
Agent Notes Tenure: THE APARTMENT IS LEASEHOLD ON A 999 YEAR LEASE FROM 2000 SERVICE CHARGE:-£2,100 PER ANNUM
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Rhos Promenade, Rhos on Sea
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