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See how verdicts work3-bedroom house · LL34 6PB
Listing removedReduced £10k (−12.5%) on 26 JunListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good size three bedroom terrace property, in need of modernisation, with far reaching views over the Irish Sea, Puffin Island, Anglesey and the Great Orme.
The property also benefits from a rear yard garden with gated access.
The accommodation comprises hall, open plan lounge/dining room and kitchen to the ground floor and three bedrooms and bathroom to the first floor and attic room accessed via loft ladder.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
Penmaenmawr itself is a gem of a village, rich in character and community spirit. With its sandy beach, scenic promenade, and backdrop of rolling hills, it’s a haven for walkers and nature lovers, .
The village offers a range of local amenities including shops, cafés, a library, and a welcoming community centre.
Excellent transport links including bus and rail services, plus easy access to the A55 Expressway making commuting to nearby towns like Conwy, Llandudno, and Bangor both quick and convenient.
Nestled on the spectacular North Wales coastline between Conwy and Llanfairfechan, Penmaenmawr is a charming seaside town offering an appealing blend of coastal living, dramatic mountain scenery, and a relaxed, friendly community atmosphere.
The town lies on a small coastal plain facing Conwy Bay and the Irish Sea, framed by the protective headlands of Penmaenmawr Mountain and Penmaenbach.
Lifestyle & Local Character Penmaenmawr is noted for its Victorian heritage, friendly promenade culture, and laidback coastal charm.
Traditional beach huts, a modernised promenade, skatepark, children’s playground, and paddling pool create a classic seaside feel complemented by updated amenities.
Its wide, sandy beaches with views towards Anglesey and Puffin Island, remains one of its standout attractions. Residents enjoy unparalleled access to the outdoors.
Penmaenmawr sits partly within Snowdonia National Park (Eryri) and is surrounded by exceptional walking routes, including: Sychnant Pass, a scenic historic route leading into Conwy and the foothills of Mynydd y Dref (Conwy Mountain).
Trails crossing ancient Roman roads, Iron Age forts, and Stone Age axe quarries, offering a blend of natural beauty and historical intrigue.
Nearby parks such as Parc Plas Mawr, ideal for quiet relaxation by the lake.
The surrounding villages, Dwygyfylchi, Capelulo, and Penmaenan, provide additional scenic vantage points, community facilities, and access to sheltered beaches, hillsides, and historic sites.
Auction Method This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 40, Upper Water Street, Conwy
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