2-bedroom house · LL30 2DF
For saleReduced £5k (−3.3%) on 31 MayListed 391 days
Opportunity summary
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About
IN A POPULAR PURPOSE BUILT BLOCK OF RETIREMENT APARTMENTS, THIS BEING ON THE TOP FLOOR, THIS TWO BEDROOM APARTMENT HAS BEEN UPGRADED BY THE PRESENT OWNERS AND IS SITUATED WITHIN 300 YARDS OF LLANDUDNO TOWN SHOPPING AND 400 YARDS FROM THE PROMENADE.
The accommodation briefly comprises:- hall with cloaks cupboard and electric water heater; lounge/dining room; door to the kitchen; principal bedroom; second bedroom and a modern three piece shower room.
The property features 'Economy 7' heating and upvc double glazed windows. There is a guest suite subject to availability.
The property is held on Leasehold Tenure over a 125 year term from 01/01/1990 with a Ground Rent of £125.00 rising to £210.00. Maintenance Charge for 2025 paid monthly and is approximately £275.00.
The Accommodation Comprises: - Communal Entrance - With security intercom entry system to communal entrance and shared lounge facilities.
Staircase And Lift To Third Floor - Door To Apartment 41 - Hall - Coving, dado rail, access to roof space, wall mounted security intercom video entry phone, double mirror fronted cupboards with bi-folding door for storage, wall mounted electric water heater.
Open Plan Lounge/Dining Room - Coving, two wall light points, side aspect upvc double glazed windows.
Lounge Area - 5.75m x 3.14m (18'10" x 10'3") - View From Lounge - Dining Area - 22.1m x 1.89m (72'6" x 6'2") - Door through to: Kitchen - 2.13m x 2.11m (6'11" x 6'11") - Fitted range of grey fronted base, wall and drawer glass fronted and corner display units, under unit lighting, round edge worktops incorporating single drainer sink unit and mixer tap, integrated 'New World' electric oven and four ring ceramic hob with 'Bosch' cooker hood over, space for fridge/freezer, wall tiling, coving.
Principal Bedroom - 4.19m x 2.73m (13'8" x 8'11") - Coving, wall mounted 'Economy 7' heater, emergency pull cord, side aspect upvc double glazed windows.
Bedroom 2 - 4.19m x 1.88m (13'8" x 6'2") - Wall light, wall mounted 'Economy 7' heater, side aspect upvc double glazed window.
Tiled 3 Piece Shower Room - Double sized shower stall with electric 'Mira' shower and shower screen, wash hand basin, low flush w.c., display shelving, part panelled walls, recessed display lighting, extractor, heated towel rail, wall mounted electric heater.
Reception Area - Communal Lounge Area - Tenure - The property is held on Leasehold Tenure over a 125 year term from 01/01/1990 with a Ground Rent of £135.00 rising to £210.00.
Maintenance Charge - Maintenance Charge for 2025 paid monthly and approximately £275.00. Council Tax - COUNCIL TAX BAND Is 'D' obtained from
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
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FAQ
About Ormeside Grange, Gloddaeth Street, Llandudno
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