1-bedroom house · LL30 3EJ
Listing removedListed 498 days
Opportunity summary
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About
This one bedroom second floor apartment is part of the well maintained development of Penrhyn Court for the over 60’s. Walking distance to the local shops, promenade, beach and Angel Bay.
Penrhyn Court has an onsite manager, 24 hour emergency call system and a lift to all floors. There is a residents lounge, library, laundry room and two guest suites.
Outside there is private parking and beautifully landscaped gardens.
The apartment comprises of: Entrance hallway with ample storage, spacious lounge/diner, kitchen, light and spacious bedroom with fitted wardrobes and a good sized shower room.
Viewing is highly recommended to appreciate the well maintained development and location.
Hallway (5' 8'' x 12' 6'' (1.73m x 3.81m)) Living Room (17' 8'' x 12' 6'' (5.38m x 3.81m)) Kitchen (14' 6'' x 7' 3'' (4.42m x 2.21m)) Bedroom (23' 10'' x 9' 5'' (7.26m x 2.87m)) Shower Room (7' 3'' x 6' 5'' (2.21m x 1.95m)) Location The property is conveniently located in Penrhyn Bay close to the local shops and other amenities, close to a bus route and the local 18 hole golf course.
The Victorian resort of Llandudno is approximately three miles distance.
Directions From the Rhos On Sea office turn towards the Promenade, turn left onto the Promenade, continue along this road onto Glan Y Mor Road, pass the golf course on the left, at the roundabout take the second exit onto Trafford Park, where Penrhyn Court can be found after a short distance on the right.
Agents Notes Nb Apartment is leasehold on a 125 year lease from 1991 Service charge - currently £255.92 per month which includes buildings insurance, water rates, and building and grounds maintenance.
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.
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FAQ
About Apt 49 Penrhyn Court, Llandudno
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