1-bedroom flat · LL29 7YG
Sold STCListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor apartment with driveway and private garden One Bedroom Ground Floor Apartment situated in Colwyn Bay.
Colwyn Bay is a popular coastal town on the North Wales coast, offering an excellent range of shops, cafés, restaurants, supermarkets, schools, and leisure facilities.
The town benefits from beautiful beaches, a scenic promenade, excellent transport links, and easy access to the A55, making it an ideal location for commuters and those looking to enjoy the North Wales coastline.
Upon entering the property, you are welcomed into a spacious Lounge/Diner, featuring a large bay window that fills the room with an abundance of natural light, creating a bright and inviting living space.
Straight down the Hallway is the Kitchen, fitted with a range of units incorporating a built-in electric Oven and electric Hob, with space for a Fridge Freezer.
The Bathroom, accessed via the Bedroom, comprises a bath with a separate shower, wash hand basin with built-in storage, WC, and tiled flooring.
The Bedroom features French doors that open directly onto the rear garden. Externally, the property benefits from a driveway to the front, providing convenient off-road parking.
To the rear, the enclosed garden offers a private outdoor space with a patio area. Additional benefits include gas central heating and uPVC double glazing throughout.
Although the property would benefit from some modernisation, it offers excellent potential. Lounge/Diner 5.67m x 4.29m max. dimensions into bay Hallway Kitchen 3.06m x 2.23m max.
dimensions Bedroom 4.47m x 3.46m max. dimensions into bay Bathroom 2.61m x 2.23m max.
dimensions Council Tax the property is council tax band B Services We are informed by the seller this property benefits from Mains Water, Gas, Electricity and Drainage.
Ofcom checker suggests broadband/fibre is available, and outdoor mobile coverage is likely. Heating Gas Central Heating.
The agent has tested no services, appliances or central heating system (if any).
Tenure We have been informed the tenure is leasehold on a 999 year lease from January 1986, with vacant possession upon completion of sale. Vendor’s solicitors should confirm title.
Ground Rent: Approx. £15 per annum. Service Charge: Approx. £0 per annum.
Disclaimer Dafydd Hardy Estate Agents Limited, for themselves and the vendor, give notice that: (1) These particulars do not constitute any part of an offer or contract.
(2) All statements are made without responsibility on the part of the agent or vendor. (3) No statement is to be relied upon as a representation of fact.
(4) Any intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each statement.
(5) Neither the vendor nor the agent, nor any person in their employment, has authority to make or give any representation or warranty in relation to this property.
(6) While floorplan accuracy is intended, measurements are approximate and no responsibility is taken for any error or omission. Plans are for illustrative purposes only.
(7) Services and appliances have not been tested and no guarantee as to their operability is given.
(8) All media, including photography and video, remain the property of the agent and must not be redistributed without (truncated)
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Kings Road, Colwyn Bay, Conwy, LL29
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