2-bedroom flat · LL29 8BL
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are very pleased to bring to the rental market No 59 Penmaen Bod Elias, Old Colwyn, a two bedroom Apartment laid over two levels, on 2nd and 3rd floors.
Please note this property is not available until after 20th August 2026 Penmaen Bod Elias a gated complex in the Penmaen Head area of Old Colwyn, with communal parking, well maintained gardens and beautiful views.
No 59 is on the second floor and is laid over two levels. The apartment is in excellent order, with modern fittings, neutral decor and plenty of storage.
Please note, some of the items shown in the photos have been removed & and the photographs require updating (which will happen when the flat is vacant) Entering the Apartment from the second floor communal stairs and hallway, there is a spacious hallway with stairs to the top floor, and access to all rooms on this level.
There are storage cupboards provided off the hallway, the Bathroom with 3 piece suite with bath and overhead shower, and the Living Room & Kitchen with balcony.
The Kitchen includes an integrated Dishwasher, Fridge Freezer, Washing Machine/Dryer, electric Hob and Oven, and modern fitted units with breakfast bar.
On the top floor is a W.C and two double bedrooms. The Master bedroom benefits from fitted wardrobes and a balcony overlooking the view.
From this location the sunsets can be spectacular as you can see from some of the photos our client has provided. Our client is ideally looking for a minimum term of 12 months at this property.
There is plenty of communal parking available (not allocated). The apartment has a centrally controlled electric heating system & electric hot water storage.
Room sizes Living Room - 6.31m (20ft 7in) x 3.47m (11ft 4in) Kitchen - 3.18m (10ft 4in) x 2.48m (8ft 1in) Bedroom 1 - 5.35m(17ft 6in) x 3.26m (10ft 7in) Bedroom 2 - 2.38m (7ft 8in) x 3.52m (11ft 5in) W.C - 0.65m (2ft 1in) x 2.26m (7ft 4in) Landing & Hall - 5.61m (18ft 4) x 1.36m (4ft 5in) Viewing is highly recommended.
Security Deposit required is £950.00. Security Deposit to be held in Deposit Protection Service.
In the first instance please send an online enquiry to us and we will send you our pre-viewing questionnaire prior to discussing a viewing.
If you have any queries or need any further information regarding the property please get in touch. Please note references are required. These may include all or some of the following.
Proof of identity Proof of residence at your present property (and any other properties you have occupied in the past two years) proof of income (pay slips/ P60 etc) Proof of rent payments Clear credit search Possible guarantor Landlord reference.
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
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 59, Penmaen Bod Elias, Colwyn Bay
Explore nearby