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See how verdicts work2-bedroom property · LL28 4PU
Sold STCReduced £20k (−7.5%) on 26 OctListed 340 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS MODERN TWO BEDROOM TOP FLOOR RETIREMENT APARTMENT is well maintained offering spacious living accommodation, perfectly situated to enjoy the stunning views over to Rhos Harbour, along the coast and hills.
The apartment is within a development of secure private retirement apartments (over 55's) close to Rhos On Sea Promenade and local shops.
Adlington House offers independent living and the added peace of mind that 24-hour on site Care and Support is available when needed, together with the recreational and social benefits of a waitress service bistro and communal areas.
The accommodation briefly comprises:- front aspect pathway leads to automatic entrance door, intercom/security entry system, inner secure door, access into communal entrance with reception area, Methodist Homes for the Aged office (on site, 24 hours a day, 7 days a week), stairway and lift facilities to upper floors.
VIEWING ESSENTIAL TO APPRECIATE THE VIEWS ENJOYED FROM THIS TOP FLOOR APARTMENT, PERFECTLY POSITION WITHIN THE DEVELOPMENT Fourth Floor - Accessed via stairway or lift.
Personal Door To Apartment 50 - Spacious Reception Hall - Video intercom system and security alarm, wall mounted 'Dimplex' heater, cloaks/storage cupboard and walk-in utility cupboard with light, housing hot water system, plumbing for an automictic washing machine.
Access to loft hatch. Lounge/Dining Room - 5.41m x 3.54m (17'8" x 11'7" ) - Marble fire surround with electric fire, 2 'Dimplex' wall heaters, telephone point.
French doors onto Balcony Decked Balcony - Glass balustrade, superb views over the harbour, coast and hills.
View From Balcony/Lounge - L-Shaped Kitchen-Breakfast Room - 3.54m x 3.31m (11'7" x 10'10") - Modern range of base, wall and drawer units with granite worktops, 1½ bowl stainless steel sink with mixer tap, electric oven and stainless steel chimney style extractor hood and granite back splash, fridge/freezer and dishwasher, double glazed skylight window, downlighters, ceramic tile floor.
Principal Bedroom Suite - 6.33m x 3.94m (20'9" x 12'11") - Overall to include alcove with built-in wardrobe with sliding mirrored doors.
Bedroom Area - 'Dimplex' wall heater, direct view over the rooftops to the harbour and coastline.
View From Bedroom 1 - En-Suite Wet Room - Fully tiled with co-ordering wall tiles, shower area, vanity wash hand basin, w.c with concealed cistern, chrome towel radiator, anti slip flooring.
Bedroom 2 - 4.39m x 2.75m (14'4" x 9'0" ) - Wall heater, harbour and coastal view.
Bathroom - 2.47m x 1.72m (8'1" x 5'7") - Co-ordinating floor and wall tiles, panel bath with shower attachment and curved splash screen, inset vanity wash hand basin with storage, dual flush w.c, with concealed cistern, chrome towel radiator, down lighters.
Outside - Communal Garden - Maintained by the Management Company.
Communal Parking - Not allocated Adlington House - Is a development of 51 apartments offering electric throughout, fully insulated, energy efficient, upvc double glazing throughout and an abundance of safety and security features.
Communal areas include Lounge; Bistro; Guest Suite, Library and IT Suite, Hairdressing Salon, Exercise Room, off road parking spaces (not allocated) plus landscaped gardens.
In partnership with MHA (methodist Homes for the Aged) who provide the professional on site 24 hour Car, Support and Well-Being (subject to charges) as well as full management of the development.
Situated in a lovely quiet area yet only a short walk from the centra of Rhos Village, sea front promenade and access onto the A55 Expressway.
Communal Lounge - Bistro - Outside Dining Area - Tenure - - Is held on LEASEHOLD TENURE over a 125 year term commencing 2009. Leasehold Tenure to be confirmed by your legal advisor.
Service And Well Being Charge - The service fee for this apartment is £301.74 per month (including water rates, but excluding council tax) plus a mandatory wellbeing charge of £335.37 per month.
Further costs will be dependant on the Care facilities required by the owner. Exit Fee - An exit fee is payable and should be checked with Adlington House.
ALL CHARGES/PAYMENTS APPLICABLE TO APARTMENT 50 SHOULD BE CONFIRMED BY YOUR LEGAL ADVISOR. Council Tax - Is 'F' obtained from
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Abbey Road, Rhos On Sea, Colwyn Bay
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