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See how verdicts work2-bedroom property · LL28 4PU
Sold STCReduced £12.5k (−9.4%) on 26 OctListed 265 days
Opportunity summary
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About
A MODERN SPACIOUS TWO BEDROOM SECOND FLOOR RETIREMENT APARTMENT OVERLOOKING THE SIDE OF THE DEVELOPMENT, FORMING PART OF A DEVELOPMENT OF SECURE PRIVATE RETIREMENT (OVER 55s) APARTMENTS CLOSE TO RHOS-ON-SEA PROMENADE AND LOCAL AMENITIES.
Adlington House offers independent living and the added peace of mind that 24-hour on site Care and Support is available when needed, together with the recreational and social benefits of a waitress service bistro and communal areas.
Front aspect pathway leads to automatic entrance door, intercom/security entry system, inner secure door, access into communal entrance with reception area, Methodist Homes for the Aged office (on site, 24 hours a day, 7 days a week); there are stairway and lift facilities to the upper floors.
WE HAVE NOT TESTED THE SYSTEM, THE BOILER OR ANY APPLIANCES The Accommodation Comprises: - Apartment Door To The: - Entrance Hall - Video intercom system and security alarm, double door storage room with hot water system and shelving, plumbing for an automatic washing machine.
Lounge/Dining Area - 6.81m x 3.35m maximum (22'4 x 11' maximum) - Wall mounted electric fire, storage heater. Double open doors to the: Juliet Balcony - Overlooking the side of the development.
View - View - Kitchen Area - 2.13m x 2.13m (7' x 7') - Range of wall, base and drawer units with brushed steel handles, complementary worktops surfaces, built in oven and microwave, four ring electric hob and cooker hood, slimline dishwasher, fridge and freezer, upvc double glazed window.
Principal Bedroom - 4.27m x 2.90m (14' x 9'6) - Includes built in wardrobes, electric heater, upvc double glazed window. Bedroom 2 - 4.27m x 2.95m (14' x 9'8) - Built in wardrobes, electric heater.
Fully Tiled Wet Room - Walk-in shower facility, pedestal wash hand basin and low flush w.c., ladder style radiator, shaver point, mirrored cabinet, downlighters, extractor fan.
Outside - Communal Garden - Maintained by the Management Company. Communal Parking - Not allocated.
Adlington House - Adlington House - Is a development of 51 apartments offering electric throughout, fully insulated, energy efficient, UPVC double glazing throughout and an abundance of safety and security features.
Communal areas include Lounge, Bistro, Guest Suite, Library and IT Suite, Hairdressing Salon, Exercise Room, off road parking spaces (not allocated) + landscaped gardens.
In partnership with MHA (Methodist Homes for the Aged) who provide the professional on site 24-hour Care, Support and Well-Being (subject to charges) as well as full management of the development.
Situated in a lovely quiet area yet only a short walk from the centre of Rhos Village, sea front promenade and access onto the A55 expressway.
Communal Lounge - Bistro - Outside Dining Area - Tenure - Leasehold, 125 years commencing 2009. Leasehold tenure to be confirmed by your legal advisor.
Service And Well Being Charge - The service fee for a two bedroom apartment from 1st April 2024 is £278.68 per month (including water rates, but excluding council tax) plus a mandatory wellbeing charge of £319.39 per month (minimum).
Further costs will be dependant on the Care facilities required by the owner. A copy of the 'Key Facts for Leaseholders 2024/2025' is available in our office.
Exit Fee - An exit fee is payable and should be checked with Adlington House. All Charges/Payments Applicable To Apartment 27 should Be Confirmed By Your Legal Advisor.
Emergency Care Line - An active land line is required for the emergency care line and is the responsibility of the owner. Council Tax Band - Is E - obtained from
Value & comps
No previous sales on record.
Returns
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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
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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 Abbey Road, Rhos On Sea, Colwyn Bay
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