2-bedroom flat · LL29 8ET
For saleListed 629 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A short level walk from both the beach, Railway Station and the town centre is this surprisingly spacious self contained GROUND FLOOR FLAT with REAR PARKING.
Offered for sale subject to the existing tenancy which commenced in January 2023, the rent £595pcm. It comprises a LARGE LOUNGE, a KITCHEN BREAKFAST ROOM, 2 BEDROOMS, and BATHROOM.
With gas central heating and double glazing. Ideal investment opportunity for those looking for a buy to let with existing tenant in situ.
On the one way system at the end of Greenfield Road the property is opposite Ysgol Nant-y-Groes Energy Rating D60 Potential C77.
Ref CB7254 Entrance - Communal Porch, Door to Flat 1 Long Hall - Central heating radiator, inner hall under stairs cupboard, central heating radiator Lounge - 5.41m x 4.19m (17'9 x 13'9) - Double glazed bay window, central heating radiator, laminate flooring, fireplace surround, tiled back and hearth, coved ceilings Kitchen Breakfast Room - 4.09m x 2.67m (13'5 x 8'9) - Grey style base cupboards and drawers with black work top surfaces, glazed wall cupboards, double glazed window and back door, plumbing for washing machine, breakfast bar, larder unit, central heating radiator, gas central heating boiler Bedroom 1 - 4.29m x 4.19m (14'1 x 13'9) - Central heating radiator, 2 double glazed windows, walk in wardrobe cupboard Bedroom 2 - 3.12m x 3.07m (10'3 x 10'1) - Double glazed bay window, central heating radiator, walk in wardrobe cupboard Bathroom - 2.34m x 2.29m (7'8 x 7'6) - Panel bath, pedestal wash hand basin, w.c, central heating radiator, double glazed window, tiled walls, shower unit Outside - Car parking space at the back of the house access from the rear road Agents Note - Viewing Arrangements By appointment with Sterling Estate Agents on 01492-534477 e mail and web site Market Appraisal; Should you be thinking of a move and would like a market appraisal of your property then contact our office on 01492-534477 or by e mail on to make an appointment for one of our Valuers to call.
This is entirely without obligation. Why not search the many homes we have for sale on our web sites - or alternatively These sites could well find a buyer for your own home.
Money Laundering Regulations - In order to comply with anti-money laundering regulations, Sterling Estate Agents require all buyers to provide us with proof of identity and proof of current address.
The following documents must be presented in all cases: Photographic ID (for example, current passport and/or driving licence), Proof of Address (for example, bank statement or utility bill issued within the previous three months).
On the submission of an offer proof of funds is required.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Greenfield Road, Colwyn Bay
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