1-bedroom flat · LL28 4PN
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom retirement apartment is on the third floor of “Rhos Manor”-a purpose-built, well-managed & maintained development for the over 55's.
Situated in the heart of Rhos on Sea, steps away from the bus stop, local shops, cafes, promenade & beach in the popular coastal village.
Benefitting from an on-site house manager, secure communal entrance, lift & stairs to all floors, careline pull-cord system in every apartment, communal lounge, laundry room & guest suite.
All set within beautiful communal gardens.
The apartment comprises of:- Hallway with good-sized built-in mirrored storage cupboards, light & spacious lounge/diner with far-reaching sea views opening into the kitchen.
One double bedroom and a shower room. The apartment benefits from UPVC double-glazed windows and electric storage heaters.
Early viewing is recommended to appreciate the convenient location and all the facilities that “Rhos Manor” has to offer.
Lounge/Diner 20' 5'' x 10' 5'' (6.22m x 3.17m) Kitchen 7' 0'' x 7' 0'' (2.13m x 2.13m) Bedroom 13' 10'' x 8' 9'' (4.21m x 2.66m) Shower Room 7' 0'' x 6' 4'' (2.13m x 1.93m) 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, Manchester International Airport and the motorways beyond, also the main rail line Holyhead to Euston.
Directions From the Rhos On Sea office turn left down Penrhyn Avenue, take the first right turn where Rhos Manor can be found on the corner. Agent Notes Leasehold.
THE APARTMENT IS LEASEHOLD. ON A 125 YEAR LEASE FROM 1991. MONTHLY SERVICE CHARGES:£216.97 MONTHLY SINKING FUND:£46.51 MONTHLY REDECORATION FEE:£15.50
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 Penrhyn Avenue, Rhos on Sea
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