2-bedroom flat · LL32 8RR
Sold STCReduced £8.5k (−7.2%) on 28 AugListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom ground floor apartment situated on the outskirts of Conwy town, and within walking distance to the shops, schools and lovely countryside and mountain walks.
The accommodation comprises: Secure communal entrance, personal door to Apartment 83: Hallway, store rooms, lounge, kitchen/diner, two bedrooms and shower room.
Upvc double glazing and Worcester gas fired central heating. Outside there is a front garden and rear garden with timber shed.
Tenure Freehold Location Located in the popular residential area of Gorlan on the outskirts of Conwy, this setting offers a peaceful neighbourhood while remaining conveniently close to a wide range of amenities.
The historic town centre of Conwy is approximately 1 mile away, providing an excellent selection of shops, cafés, restaurants, and local services, along with access to schools and leisure facilities.
The nearby town of Llandudno Junction is also within easy reach (around 2 miles), offering supermarkets, retail parks, and additional everyday amenities.
In terms of transport, the area is well connected. The A55 expressway is just a short drive away, providing direct routes across North Wales and towards Chester and the motorway network.
Conwy railway station is located nearby, offering regular rail services along the North Wales coast, while local bus routes operate within the area for convenient travel.
Combining a quiet residential setting with excellent access to nearby towns and transport links, Gorlan is a highly desirable location for a range of buyers.
Services: Mains gas, electric, water and drainage are all believed connected or available at the property. All services and appliances have not been tested by the selling agent.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 83, Gorlan, Conwy
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