1-bedroom flat · LL29 7BJ
To rentReduced £40 (−4.8%) on 19 OctListed 179 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely, bright, one bedroom over 55s retirement apartment which benefits a corner position on the second floor of this development.
The property comprises: Hallway with storage cupboard, bright L-shaped lounge through to fitted kitchen, which has a window and fitted units leaving spaces for freestanding appliances.
The bedroom benefits from mirror fronted built in wardrobes and the bathroom has been refurbished to include a large shower cubicle. The property is situated on an elevated site up a slight hill.
It is essentially two buildings linked by a gallery area. Both are serviced by one front entrance and each has a lift. Access to site fairly easy, but less so for less mobile people.
Distances: Bus stop 0.5 mile(s); shop 0.5 mile(s); post office 1 mile(s); town centre 1 mile(s); gp 0.5 mile(s); social centre 1 mile(s).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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 33, Cwrt Bryn Coed, Coed Pella Road, Colwyn Bay
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