2-bedroom flat · LL34 6ND
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delighted to bring to the market a first floor modern purpose built two bedroom apartment, boosting spectacular sea views towards Puffin island and Anglesey which can be enjoyed via a balcony, two double bedrooms with master ensuite, and allocated parking, For Sale with No Onwards Chain.
Located on the outskirts of the village of Penmaenmawr.
Situated in the sought-after coastal village of Penmaenmawr, with local amenities and schools close by, and a short walk to the stunning beach and promenade, public transport to include a railway station, and with easy access to the A55 expressway.
The modern interior comprises: Entrance hall, lounge/kitchen/diner with a balcony and a Juliet balcony benefiting from spectacular sea views towards Puffin island and Anglesey, a modern fitted kitchen with integrated appliances to include an electric hob, oven and extractor fan, space for a fridge/freezer and a washing machine, and two storage cupboards, a fantastic open plan living which is an ideal space for entertaining.
Master bedroom with a Juliet balcony, and a modern white three piece ensuite shower room with towel rail, bedroom two with storage room - an ideal walk-in wardrobe, a modern white three piece bathroom with over bath shower and a towel rail.
The property benefits from uPVC double glazing throughout and electric heating. Along with allocated parking and a communal garden.
Viewings are highly recommended to fully appreciate what this fantastic modern apartment has to offer, along with its spectacular sea views and superb location.
Tenure: Leasehold We have been informed the tenure is Leasehold with 999 year lease from 2017, Vendor’s solicitors should confirm title.
We have been informed by the vendor that the Ground Rent is £150 per annum and the Service Charge is approximately £2,000 per annum.
Location: Situated in the highly sought after seaside village of Penmaenmawr, with its range of independent shops, eateries, primary school and bus/rail services, a short walk to the stunning beach front and promenade, and country walks on its doorstep, there really is something for everyone.
The A55 expressway provides access to the University City of Bangor (approximately 10 miles) and also eastwards to the towns of Conwy, Llandudno, Colwyn Bay and beyond, which all provide a wide range of facilities.
Services: Mains electric, water and drainage are believed available or connected to the property. All services and appliances are not tested by the Selling Agent.
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
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FAQ
About Awel Ynys,Apartment 8, Bangor Road, Penmaenmawr
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