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See how verdicts work3-bedroom flat · LL28 4DW
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS IS A BEAUTIFUL AND SPACIOUS FIRST FLOOR THREE BEDROOM APARTMENT situated in this popular road within walking distance of Rhos on Sea promenade, beach, wealth of shops and restaurants and on a local bus route.
The accommodation briefly comprises:- front door to small hall; staircase to the first floor; landing; large lounge with bay window; good sized kitchen/breakfast room with modern units; 3 good sized bedrooms; modern tiled 3 piece bathroom.
The property features gas fired central heating from a combination boiler and upvc double glazed windows. (PLEASE NOTE THERE IS NO PARKING OR GARDEN WITH THIS APARTMENT).
The property is held on a Leasehold tenure over a 999 year term from 1st September 1978 with a peppercorn ground rent.
We understand from the seller that the maintenance for the outside is shared on a 50/50 basis with the ground floor apartment.
The Accommodation Comprises:- - Side Access Double Glazed Coloured Leaded Door To: - Small Hall - Staircase to first floor, glazed door to:- Landing - Picture rails, recessed spotlights, double radiator, built in storage cupboard with shelving, telephone point.
Lounge - 5.38m x 4.34m (17'7" x 14'2") - Plus upvc double glazed bay window, fire surround with marble back and hearth, inset electric fire, tv point, picture rails, 2 double radiators, distant hillside views to the front.
Dual Aspect Kitchen/ Breakfast Room - 4.35m x 3.43m max (14'3" x 11'3" max) - Fitted range of cream fronted base wall and drawer units with round edge work tops, inset single drainer sink unit and mixer tap, integrated electric oven and 4 ring gas hob with cooker hood over, plumbing for washing machine, space for fridge freezer, cupboard housing 'Worcester' combination central heating and hot water boiler, recessed downlighters to ceiling, feature fireplace, wood effect flooring, dual aspect upvc double glazed windows to rear and side.
Dual Aspect Bedroom 1 - 4.74m x 3.10m (15'6" x 10'2") - Picture rails, double radiator, dual aspect upvc double glazed windows to front and side.
Dual Aspect Bedroom 2 (Currently Dining Room) - 4.28m x 3.81m (14'0" x 12'5") - Picture rails, radiator, dual aspect upvc double glazed windows to rear and side.
Bedroom 3 - 3.78m x 3.17m (12'4" x 10'4") - Fitted wardrobes with sliding doors, hanging rail and shelving, wood effect flooring, picture rail, double radiator, upvc double glazed window to rear.
Tiled 3 Piece Bathroom - White suite comprising tiled bath with mixer tap and shower attachment, pedestal wash hand basin, close coupled wc, towel radiator, tile effect flooring, upvc double glazed windows, recessed downlighters to ceiling.
Council Tax - Is 'D' as obtained from Tenure - The property is held on a LEASEHOLD tenure over a 999 year lease from Sept 1978 with a peppercorn ground rent.
We understand from the seller that the maintenance for the outside is shared on a 50/50 basis with the ground floor apartment.
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.
Area
Agent & docs
FAQ
About Francis Avenue, Rhos On Sea, Colwyn Bay
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