We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LL29 8UN
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two-bedroom ground floor flat situated in a convenient location on Llanelian Road, on the outskirts of Old Colwyn.
Offered for sale with no onward chain, the property provides generous accommodation throughout and would benefit from some general updating, presenting an excellent opportunity for a first-time buyer, investor, or those looking to downsize and enjoy the convenience of ground floor living.
The flat is self-contained and accessed via a private side entrance leading into the welcoming hallway.
The good-sized lounge enjoys a full-length window and door opening onto the front, allowing an abundance of natural light to flood the room.
There is also a well-proportioned kitchen, two double bedrooms, and a shower room. Further benefitting from Gas Central Heating and Double Glazing throughout.
Conveniently positioned close to local amenities, transport links, and the picturesque North Wales coastline, this property offers fantastic potential to create a comfortable and personalised home in a sought-after residential location.
Available with no onward chain, viewing is highly recommended to appreciate the space, location, and potential on offer.
At time of marketing Agent is awaiting confirmation of lease and service charge details from sellers.
Agent Notes Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 93, Llanelian Road, Colwyn Bay
Explore nearby