2-bedroom flat · LL29 8BL
For saleListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Simply stunning and offering the most incredible views, this new to the market and beautifully presented, spacious two-bedroom, split level apartment is situated within the popular, well maintained and gated Penmaen Bod Elias development.
Constructed circa 2019, the light and spacious interior has been finished to a high standard with modern fixtures and fittings throughout offering an incredible space ready to move into.
The accommodation briefly comprises, Private entrance door through to a reception hall with shelving and storage, door leading through to a stunning, open plan kitchen/living/dining space benefitting from floor to ceiling windows with panoramic coastal views of the bay and towards the Great Orme.
The kitchen area offers a modern space with a range of high specification integrated appliances and Quartz worktops.
French doors provide access to a large sun terrace with glass and steel balustrades offering an amazing outdoor space to enjoy those fabulous views. There is also a Guest Cloaks to this level.
Stairs lead off the kitchen area down to the lower level landing where there are two good size storage cupboards.
The spacious master bedroom has floor to ceiling window, fitted wardrobes and enjoys its own modern, ensuite shower room.
There is a second good size double bedroom with floor to ceiling windows also with fitted wardrobes and a spacious, modern, family bathroom with separate walk in shower and bath.
The property also benefits from double glazing, gas central heating throughout and access to two communal roof terraces.
Outside the property is set within maintained landscaped gardens and benefits from one allocated parking space, there is also visitor parking available and further parking in the layby nearby if required.
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 5, Penmaen Bod Elias, Colwyn Bay
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