1-bedroom flat · LL28 4PL
For saleListed 107 days
Opportunity summary
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About
This one bedroom 2nd floor retirement apartment is situated in the well-managed & well-maintained Penrhyn Park development for the over 55’s and is being sold with the tenant in situ.
With a secure communal entrance intercom system, lift & stairs to all floors, house manager, careline pull-cord system, communal lounge, laundry room and gardens with seating area.
Found in the heart of Rhos on Sea-walking distance to the local shops, cafes, bus stop, promenade & beach.
The apartment comprises of:- Hallway with a good-sized storage cupboard, spacious lounge/diner with box bay window overlooking the park, kitchen, bedroom with built-in wardrobe and a modern shower room.
The apartment benefits from electric heating & UPVC double-glazed windows.
Lounge/Diner (16' 11'' x 10' 10'' (5.15m x 3.30m)) Kitchen (7' 3'' x 5' 7'' (2.21m x 1.70m)) Bedroom (13' 7'' x 8' 11'' (4.14m x 2.72m)) Shower Room (6' 10'' x 4' 7'' (2.08m x 1.40m)) Location The property is located in the popular coastal resort of Rhos On Sea with a wealth of local shops and other facilities.The larger resorts of Colwyn Bay and LLandudno are approximately one and three miles respectively and the property is conveniently located for easy access to the A55 dual carriageway for Chester and the motorways beyond, also the main rail line Holyhead to Euston.
Directions From the Rhos On Sea office turn left down Penrhyn Avenue where Penrhyn Park can be found after a short distance on the left. Agent Notes Leasehold.
The apartment is leasehold from 30/6/88 to 2107 service charge:-£3500 P/A ground rent:-£259 P/A (includes water rates, buildings insurance, communal laundry, careline, in-house manager, maintenance & cleaning of all communal areas inc.
Lift)
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 Apt 25 Penrhyn Park, Penrhyn Avenue, Colwyn Bay
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