We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LL28 4LA
Listing removedReduced £8.1k (−2%) on 31 JulListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 1 Madoc Cove is part of an exclusive collection of 12 individually designed luxury apartments.
Set in a prime position overlooking the Little Orme, promenade & beach in the highly desirable area of Rhos on Sea with its local shops, cafes, restaurants & other amenities.
Next to the golf course and a short drive to both Llandudno & Colwyn Bay.
With a landscaped, lawned private garden to the front, paved patio terrace and storage area with full power and electric doors.
To the rear the large covered terrace with overhead lighting and glass balustrade is paved with views over the golf course to the mountains beyond.
A perfect place for outside dining & entertaining.
The open plan lounge/kitchen/diner is a contemporary living space with a designer kitchen, large island, quartz counter tops, under & over led lighting, hot water tap, fully integrated neff appliances to include:- Fridge freezer, oven, microwave, dishwasher and induction hob.
A fabulous media wall with feature flame effect electric fireplace, dual aspect floor to ceiling sliding doors lead out onto the terrace.
Both bedrooms have the floor to ceiling sliding doors out onto the front garden with the master bedroom benefitting from a contemporary ensuite shower room, 2nd bedroom is also a double and bathroom with bath and separate walk-in shower, utility space and storage cupboard in the spacious hallway.
The apartment benefits from 2 allocated off road parking spaces at the rear, Secure video entry system, fully zoned underfloor heating, heating and hot water provided by an energy efficient gas boiler, energy efficient LED lighting in all rooms, premium double glazed powder coated aluminium windows and doors throughout.
Viewing is highly recommended to appreciate this exclusively designed apartment and its desirable location.
Hallway (12' 10'' x 8' 2'' (3.91m x 2.49m)) Lounge/Kitchen/Diner (25' 5'' x 20' 6'' (7.74m x 6.24m)) Utility Space (5' 8'' x 3' 1'' (1.73m x 0.94m)) Bedroom 1 (19' 7'' x 12' 7'' (5.96m x 3.83m)) Ensuite (8' 0'' x 7' 6'' (2.44m x 2.28m)) Bedroom 2 (13' 4'' x 12' 10'' (4.06m x 3.91m)) Bathroom (12' 1'' x 5' 6'' (3.68m x 1.68m)) Covered Terrace (26' 11'' x 9' 3'' (8.20m x 2.82m)) Storage Area (7' 7'' x 7' 1'' (2.31m x 2.16m)) Location Rhos on Sea is a delightful and bustling seaside village with a wealth of individual shops and cafe’s.
Situated on the spectacular North Wales Coast with superb sea views and within easy reach of the Victorian town of Llandudno and the historic walled town of Conwy.
Rhos on Sea provides a stunning base to explore North Wales and its wealth of features including the mountains, lakes, beaches and sites of historic interest.
Directions From our Rhos-on-Sea office turn towards the Promenade, turn left onto the Promenade, continue along Marine Drive passing the Rhos Fynach Public House on the left, the Madoc Cove Apartments can be found on the left hand side.
Value & comps
No previous sales on record.
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 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 1, Madoc Cove, Apt 1,, 179 Marine Drive, Rhos on Sea
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