2-bedroom house · LL28 4PU
For saleReduced £5k (−3.4%) on 12 OctListed 253 days
Opportunity summary
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About
This two bedroom first floor retirement apartment is situated in the centre of Rhos on Sea, close to all amenities and only a short walk to the promenade.
The apartment is part of Adlington House which is a well maintained development that has a variety of facilities and the option of onsite care and support if required.
The management team and residents organise events and excursions and on site there is a bistro, guest suite, hairdressing salon, quiet lounge, library, it suite, communal lounge, gym and outside a patio area.
There is also a cleaning, washing, ironing, decorating and general apartment maintenance service available.
The spacious apartment situated at the quiet part of the building at the back comprises of large hallway with storage which could be used as office area a further storage/airing cupboard housing the washer and dryer, lounge/diner with a Juliette balcony and access to a kitchen, two double bedrooms both with a fitted wardrobes and a good size wet room.
Hallway (14' 1'' x 8' 4'' (4.29m x 2.54m)) Living Room/Diner (23' 2'' x 11' 2'' (7.06m x 3.40m)) Kitchen (8' 1'' x 7' 9'' (2.46m x 2.36m)) Storage (11' 3'' x 3' 11'' (3.43m x 1.19m)) Bedroom 1 (14' 11'' x 9' 6'' (4.54m x 2.89m)) Bedroom 2 (14' 11'' x 9' 4'' (4.54m x 2.84m)) Shower Room (8' 0'' x 5' 8'' (2.44m x 1.73m)) Location The property is located in the popular coastal resort of Rhos On Sea with its wealth of local shops and other facilities.
The larger resorts of Llandudno and Colwyn Bay are approximately 3 miles and one mile respectively and it is conveniently located for easy access to the A55 dual carriageway for Chester and the motorways beyond, also the main rail line holyhead to Euston.
Directions From the Rhos On Sea office turn left down Penrhyn Avenue, take the first right turn onto Colwyn Avenue, at the T Junction turn onto Abbey Road where Adlington House can be located on the corner.
Agents Notes N.B Leasehold property of 125 years from 2009 Mandatory service charge of £64.13 per week which includes water rates and mandatory well being charge of £73.50 per week.
Further care services are available at a cost. On resale there are administration charges and a contingency fund contribution.
Management Company: Mha (Methodist Homes) Mobility scooter shed subject to availability
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.
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About Apt. 10 Adlington House, Abbey Road, rhos on Sea
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