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See how verdicts work2-bedroom flat · LL28 4PN
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom ground floor retirement apartment is situated in the heart of Rhos on Sea, steps away from the local shops, bus stop, cafes, promenade & beach.
Rhos manor is a well-managed & maintained purpose-built development for the over 55’s.
Benefitting from an on-site house manager, secure communal entrance, lift & stairs to all floors, care-line pull-cord system in all apartments along with a communal lounge, laundry room and guest suite.
Set within beautifully maintained gardens. Apartment 5 is on the ground floor with it’s own good-sized garden area.
The accommodation comprises of:-Hallway with good-sized mirrored built-in storage cupboard, light & spacious lounge/diner with access to the garden, two bedrooms with build in wardrobes and shower room.
Property benefits from UPVC double-glazed windows and electric storage heaters.
Lounge/Diner (17' 9'' x 10' 7'' (5.41m x 3.22m)) Kitchen (7' 7'' x 7' 6'' (2.31m x 2.28m)) Bedroom Two (13' 9'' x 8' 0'' (4.19m x 2.44m)) Bedroom One (14' 10'' x 9' 3'' (4.52m x 2.82m)) Shower Room (7' 3'' x 6' 5'' (2.21m x 1.95m)) Location Rhos on Sea is a very popular seaside resort famous for its shops and amenities.
It is located between the larger resorts of Colwyn Bay and Llandudno and is also close to the A55 dual carriageway for easy access to Chester and the motorways beyond.
Directions From the Rhos On Sea office turn left down Penrhyn Avenue, take the first right turn where Rhos Manor can be found on the corner. Agent Notes Tenure: Leasehold.
The Apartment is leasehold on a 125 year lease from 1991 £2,891.04 service charge per annum £266.09 building insurance per annum £135 ground rent per annum Includes water costs, lift, gardening, outside maintenance, decorating and cleaning of public spaces.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Apt 5 Rhos Manor, Penrhyn Avenue, Colwyn Bay
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