2-bedroom flat · LL35 0EA
For saleReduced £30k (−11.8%) on 20 JunListed 755 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently renovated in 2024, Flat 4 is located in a prime position within the village of Aberdyfi.
Benefitting from exceptional views towards the beach and sea front, and less than a minutes’ walk from the beach. The apartment is perfectly positioned close to amenities.
The property is currently registered and run as a successful holiday apartment, and since renovation has seen income increase.
Prior to the renovation the apartment was achieving in the region of £23,000 per annum, and let for over 200 nights a year.
With fresh modern décor and fittings, the property is a great opportunity to continue the successful holiday business, or to be converted back into a residential dwelling.
The property comprises of communal entrance hallway, with staircase leading to the second floor.
The apartment opens into the entrance hallway, leading to a spacious, open plan kitchen living room, centred around a large walk in bay window taking full advantage of the sea and estuary views.
The recently fitted kitchen comprises of a shaker style kitchen, with ample base and wall units, tiled splashbacks, under cupboard lighting and quartz stone worktops.
The kitchen benefits from integral appliances including single electric oven, with four ring gas hob, full size dishwasher and undercounter fridge.
The living room has been tastefully modernised, centred around the walk-in bay window, with two built in storage cupboards adjacent to the former fireplace.
Bedroom one is a spacious double bedroom, with window to the side aspect and built in double wardrobe.
A second bedroom, currently benefitting from bunk beds, also features a window to the side of the home, with both bedrooms being freshly decorated.
The family bathroom, complete with full height tiling and tiled floor. Shower over the bath, WC and inset wash basin.
Airing cupboard, with shelving and gas boiler also benefitting from a fitted washing machine.
‘Please note that a charge of £36 per person will be applied to cover mandatory anti-money laundering checks’ Access to the side of the building where the entrance to the communal hallway is located.
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
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FAQ
About 4, Bodfor Flats, 8, Bodfor Terrace, Gwynedd
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