2-bedroom flat · LL53 7HQ
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb riverside position within the highly sought-after Pen y Bont development, this beautifully appointed modern purpose built ground floor apartment offers the perfect blend of contemporary living and coastal charm.
Built in 2018 on the site of the former Riverside Hotel, the development enjoys a very desirable setting in the heart of Abersoch, overlooking the River Soch towards the inner harbour.
A particular feature is the impressive L-shaped balcony, providing an idyllic space to relax, entertain and enjoy the surrounding wildlife, including regular sightings of kingfishers along the river.
Finished to a high standard throughout, the apartment benefits from underfloor heating, engineered oak flooring, secure gated access and an allocated parking space within the residents' basement car park.
The bright and spacious open-plan living, dining and kitchen area features two sets of doors opening onto the balcony.
The stylish contemporary kitchen is fitted with quartz worktops, a central island unit and integrated appliances, while enjoying glimpses towards the harbour and Llanbedrog Headland.
An inner hallway leads to two double bedrooms, both with fitted wardrobes, with the principal bedroom also enjoying balcony access. A luxury bathroom completes the accommodation.
The current owners have also created a useful annex on the balcony, currently used as an additional bedroom, with light, power and timber-clad walls.
An additional area of riverside land adjoining the south-west boundary has been acquired by the current owners from the previous developer, providing an excellent playing / amenity area for children and pets.
This land is not included in the sale but is available by separate negotiation. Tenure: Leasehold for a term of 999 years from 2018.
Service charges are approximately £4,000 per annum, covering building insurance, communal gardens, development maintenance and the basement parking facilities.
A copy of the lease is available for inspection.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 13, Pen Y Bont, Abersoch
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