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See how verdicts work2-bedroom house · LL30 2SE
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS IS A WELL PRESENTED SELF CONTAINED GROUND FLOOR TWO BEDROOM RETIREMENT FLAT, in a very popular RETIREMENT DEVELOPMENT (minimum 60 years of age for occupation) with all facilities for enjoyable living, such as Resident's Lounge and laundry amenities.
Maintenance includes tending the landscaped garden and car parking. House Manager for emergencies Monday to Friday. The property is held on Leasehold Tenure over a 120 year lease from 1986.
NO PETS, SUB-LETTING ALLOWED, NO HOLIDAY LETS 24 HOUR SECURITY SYSTEM THIS IS ON THE GROUND FLOOR FACING THE REAR ON SOUTH EASTERLY SIDE OF THE BUILDING The Accommodation Comprises: - Reception Vestibule - With intercom to all flats and House Manager.
Reception Hall - Two automatic lifts to all floors, carpets hall, stairs and landings together with heating and lighting.
Residents Lounge - Small Kitchenette En-Suite - Furnished for use by Residents. Laundry For Residents - Equipped with washers and dryers (funded through the service charge).
Ground Floor - Personal Door Into No.
22 - Entrance Hall - Two wall light points, coving, cupboard with shelving and light, separate cupboard with electric hot water heater, light and shelving, electric radiator.
Lounge - 4.10m x 3.11m (13'5" x 10'2") - Three wall light points, coving, T.V.
and telephone points, wall mounted entry and call system, electric radiator, upvc double glazed window with deep display sill.
Square entrance through to: Kitchen - 2.07m x 1.78m (6'9" x 5'10") - Fitted range of gloss fronted base, wall and drawer units, corner carousel to base units, round edged sparkle worktops incorporating inset round bowl sink unit and mixer tap, wall and floor tiling, under unit lighting, two ring 'Lamona' electric hob with stainless steel canopy over, integrated fridge/freezer, spotlights.
Bedroom One - 4.22m x 2.71m (13'10" x 8'10") - Including wardrobes with mirror fronted and folding doors, coving, T.V. and telephone points, coving, upvc double glazed window.
Bedroom Two - 3.00m x 2.12m (9'10" x 6'11") - Two wall light points, T.V. point, coving, upvc double glazed window.
Tiled 3 Piece Shower Room - Comprising double shower stall with 'Triton' electric shower, vanity wash hand basin, mirror with lights, ladder style towel rail, close coupled w.c., coving, extractor, spotlights.
Outside - Communal Gardens - Tenure - The property is held on a LEASEHOLD tenure over a 120 year lease from 1986.
Maintenance Charges - The service charge payable half yearly is approximately £3,984.84 per annum plus the half year ground rent at £191.38.
The maintenance includes building insurance, general maintenance of the building, use of laundry facilities, cleaning of all common parts, use of the residents, use of the residents lounge, tending of gardens, House Manager, water rates (complex on water meter) and window cleaning.
These charges should be confirmed by your legal advisor as can be subject to change. Council Tax Band - Is 'B' obtained from
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.
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About Gloddaeth Avenue, Llandudno
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