Studio flat · LL18 3AN
To rentListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Studio. Over 50s Only. Elwy are pleased to offer for let this ground floor studio located on Rhyl, East Parade.
The property is ideally situated within walking distance to the promenade, beach, shops, local amenities, and the town centre.
The studio features an open-plan layout combining the living area, kitchen and bedroom, along with a private shower room.
Residents have access to a communal living room and kitchen, on-site laundry facilities and well-maintained communal gardens at the front and rear, with direct access to East Parade.
Parking is available to the rear on a first come, first served basis and is not allocated. Restrictions: Over 50s only This property is, pets or smokers due to property-specific considerations.
Rent: £650 pcm + an additional £200 pcm to cover Gas, Electric, Water, Council Tax & WiFi (Total £850) Deposit: £745 Holding Fee: £149 cepc Rating: C Elwy Fair Housing Statement Elwy Estates considers all applications on an individual basis.
We do not operate blanket exclusions regarding applicants with children, pets, or those receiving benefits. Any suitability notes (e.g./pets) relate only to the specific property.
Applications are assessed using standard affordability and referencing checks.
Furnishings Please Note: The property comes part furnished and if items are not needed, advance notice is needed before a contract starts.
Items included are: Dressing table, bedside cabinet, chest of drawers, TV unit, wardrobe, bed and chair.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Room 2, Glan Y Don Ltd, Rhyl
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