4-bedroom house · LL29 7PW
Listing removedReduced £15k (−8.6%) on 9 JulListed 130 days
Opportunity summary
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About
**this property is for sale by modern method of auction – no onward chain** **Being sold with no onward chain** A spacious three storey terraced family home set on a private road in the heart of Colwyn Bay, perfectly positioned for easy access to the town’s wide range of amenities.
This characterful property offers generous accommodation across all floors, making it an ideal choice for families or those seeking versatile living space.
The ground floor features a welcoming hallway leading into a lounge with a cosy log burning stove, followed by a separate dining room that opens into kitchen with access out onto the rear yard.
Across the first and second floors are four double bedrooms, providing excellent flexibility for family living, home working or guest accommodation.
A contemporary family bathroom serves the first floor, with useful storage throughout the home.
Externally, the property enjoys a small front garden and a private rear courtyard, part covered and complete with power, a log store and an outdoor WC.
There is also a separate rear garden area accessed via a communal pathway.
To the front, the property benefits from off road parking and a large garage with power, lighting and additional storage space.
A well proportioned home offering space, convenience and character in a central location, early viewing is highly recommended.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider (truncated) Location Set on a private road in the heart of Colwyn Bay, this home enjoys an exceptionally convenient location with everything you need close by.
The town offers a wide range of local amenities including supermarkets, independent shops, cafés, restaurants and essential services.
Families benefit from access to well regarded schools, while commuters appreciate the excellent transport links, with Colwyn Bay train station and the A55 expressway both within easy reach.
The seafront and promenade are just a short distance away, offering scenic walks, cycle routes and leisure facilities, making this an ideal location for those who enjoy coastal living with the convenience of a central town setting.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 2,, Rhiw Bank Terrace, Conwy
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