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 · LL53 7HQ
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover your perfect coastal escape in the heart of Abersoch with this charming, well-maintained two-bedroom, second-floor apartment.
Ideally situated in the village centre, this property has been successfully managed as both a second home and a lucrative holiday let over the years, offering a true 'turn-key' opportunity.
The apartment features a bright and comfortable open-plan living space encompassing the fitted kitchen, dedicated dining area, and relaxation space—an ideal layout for socialising and enjoying the views.
The accommodation is completed by two pleasant bedrooms and a well-appointed family bathroom. A key highlight of this apartment is the unrivalled views.
Residents will enjoy breathtaking sea and harbour views from the main living area and bedrooms, complemented by pleasant countryside and River Soch views to the rear of the property.
The building is positioned to allow access to well-kept communal grounds and offers the significant advantage of private, gated underground parking.
This desirable location places you right in the centre of Abersoch, a very popular seaside village renowned for its stunning beaches and coastal walks.
The village provides excellent amenities including plenty of restaurants, cafes, bars and pubs, convenience stores, a post office, garage, pharmacy, and a number of boutique shops.
This is a fantastic chance to secure a highly desirable property in one of North Wales' most sought-after coastal locations.
Stamp Duty Residential - £4,380 Second Home - £19,750 *Figures provided using Welsh Government ltt calculator Tenure We believe the property to be Leasehold, with all owners owning a share of the property management company (Pen Y Bont (Rheolaeth) Ltd), which owns the Freehold.
But potential purchasers should seek clarification from their solicitor prior to an exchange of contracts.
The development is professionally operated by a local Facilities Management company in conjunction with the Board of Directors on behalf of the leaseholders.
The management company boasts healthy reserves and benefits from an ongoing maintenance program. Council Tax Band – D Services Mains water, drainage and electricity.
Gas fired central heating and underfloor heating. Location Information Pwllheli 6.9 miles . Porthmadog 20.1 miles . Bangor 36.5 miles . Chester 97.5 miles . Shrewsbury 94.6 miles .
Manchester 132 miles. Viewing is strictly by appointment only with Elvins Estate Agents Marketing Appraisal Thinking of Selling?
We are an independent estate agency and have experienced local property experts who can offer you a free marketing appraisal without obligation.
It is worth remembering that we may already have a purchaser waiting to buy your home.
Misrepresentation disclaimer: Although our particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
They are intended as a guide only and purchasers must satisfy themselves by personal inspection. You may download, store and use the material for your own personal use and research.
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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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FAQ
About 2b, Pen Y Bont, Pwllheli
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