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See how verdicts work2-bedroom flat · LL28 4PU
For saleReduced £10k (−4.2%) on 20 AugListed 196 days
Opportunity summary
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About
This two bedroom second floor retirement apartment offers good size accommodation with views over Rhos on Sea village.
The accommodation comprises of a large hallway with two valuable storage rooms one of which houses the washing machine, a spacious lounge with access to a modern fitted kitchen and also double doors that give access to a dining room which could be a second bedroom.
There is a master bedroom with fitted wardrobes and a bathroom which benefits from a walk-in bath. There is UPVC double glazing and electric heating. Outside there is a communal car park.
Situated close to the centre of Rhos on Sea and all its amenities including shops, cafes, bus stop and promenade the apartment is part of Adlington House, a well managed and maintained retirement development that offers independent, secure living with the option of 24 hour on-site care and support, if required.
The management team and residents organise events and excursions with an on-site Bistro, communal lounge, library, it suite, hairdressing salon, quiet lounge, guest suite, assisted bathroom, gym and patio seating area.
There is also a cleaning, washing, ironing, decorating and general apartment maintenance service available.
There is a visual link entry system, a lift to all floors and personal pendant alarm with dual link to the management care team.
Hallway (12' 8'' x 8' 5'' (3.86m x 2.56m)) Store Room (11' 3'' x 3' 10'' (3.43m x 1.17m)) Store Room/Utility (5' 5'' x 3' 0'' (1.65m x 0.91m)) Lounge (25' 5'' x 11' 3'' (7.74m x 3.43m)) Bedroom/Dining Room (14' 10'' x 9' 9'' (4.52m x 2.97m)) Kitchen (7' 6'' x 6' 8'' (2.28m x 2.03m)) Bedroom One (14' 5'' x 9' 4'' (4.39m x 2.84m)) Bathroom (7' 10'' x 5' 7'' (2.39m x 1.70m)) Location The property is located in the popular coastal resort of Rhos On Sea with its wealth of local shops and other facilities.
The larger resorts of Llandudno and Colwyn Bay are approximately 3 miles and one mile respectively and it 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, take the first right turn onto Colwyn Avenue, at the T Junction turn onto Abbey Road where Adlington House can be located on the corner.
Agent Notes Tenure: Leasehold. Leasehold property of 125 years from 2009. Service charge of £74.75 per week which includes water rates and mandatory well being charge of £82.57 per week.
Further care services are available at a cost. On resale there are administration charges and a contingency fund contribution.
Management Company: Mha (Methodist Homes) Mobility scooter shed subject to availability
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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.
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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.
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FAQ
About 30 Adlington House, Abbey Road, Colwyn Bay
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