2-bedroom flat · LL42 1PR
Sold STCListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Victoria Place is a beautifully presented two-bedroom, apartment of traditional construction beneath a slated roof.
Ideally situated within close proximity of local amenities and the beach, the property offers an attractive combination of character, comfort, and convenience.
During the current owners' tenure, the apartment has undergone a number of thoughtful improvements designed to enhance both its character and sense of space.
Suspended ceilings have been removed to reveal the original high ceilings and decorative cornicing, creating a brighter, more spacious, and airy interior.
The sitting room fireplace has also been replaced with a more characterful feature, further enhancing the property's period charm.
In addition, the apartment benefits from double glazing and gas-fired central heating throughout.
The property is likely to appeal to a wide range of purchasers, including first-time buyers, those relocating to the area, downsizers, or investors seeking a holiday let or second home.
The accommodation briefly comprises an entrance hallway, a spacious sitting/dining room, kitchen, bathroom, and two well-proportioned bedrooms.
Location Barmouth is a charming seaside town on the west coast of Snowdonia in Gwynedd, North Wales.
Famed for its long sandy beaches, Victorian architecture, and stunning mountain backdrop, it's a favourite for both holidaymakers and those seeking a peaceful coastal lifestyle.
The town offers a variety of independent shops, cafés, and restaurants, along with easy access to scenic walking and cycling routes, including the beautiful Mawddach Estuary Trail and Snowdonia National Park.
Barmouth has the benefit of the Cambrian Coast Railway which has connections to various destinations to include Birmingham, Aberystwyth and Pwllheli.
Council Tax Band: A £1639.04 Tenure: Leasehold (987 years) Ground Rent: £1 per year Service Charge: £300 per year The Management Company is run by the residents of Victoria Place Internet via 4G Router - no fixed connection, 50mbps Entrance Communal walkway with wrought iron gate and railings leading up to: Communal Entrance 1.96m x 4.98m Door to front, coved ceiling, dado rail, carpet.
Hallway 3.98m x 3.35m Door to front, coved ceiling, radiator, laminate flooring.
Sitting Room 4.64m x 5.8m Bay window to rear overlooking the park and bowling green, original paneling, coved ceiling, picture rail, ceiling rose, decorative feature cast iron fireplace with quarry tiled hearth, timber surround, radiator, carpet.
Kitchen 2.75m x 5.02m Window to front, 3 wall units, 5 base units under granite effect worktops, stainless steel sink and drainer, tiled splash back, space for washing machine, built in storage cupboard, space for Rangemaster 110 Stove, space for fridge/freezer, storage cupboard housing Worcester combi boiler, radiator, cushion floor.
Bathroom 1.2m x 4.58m Window to side, panel bath with mixer shower attachment, part tiled walls, vanity wash hand basin with tiled splash back, mirrored unit, low level W.C., radiator, cushion flooring.
Bedroom 1 3.98m x 4.66m Window to side, coved ceiling, ornamental cast iron fireplace with slate surround, radiator, carpet.
Bedroom 2 3.65m x 2.95m Window to front, window to side, coved ceiling, radiator, carpet.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 2 Victoria Place, Barmouth, LL42 1PR
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