4-bedroom bungalow · LL29 6AG
For saleListed 68 days
Opportunity summary
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About
Exciting Development Opportunity in a Prime Upper Colwyn Bay Location or the Perfect Project to Create a Stunning Family Home We are delighted to present this exceptional opportunity to acquire a charming four-bedroom detached bungalow occupying a substantial plot on the highly sought-after Pen Y Bryn Road in Upper Colwyn Bay.
Offering tremendous scope for renovation, extension, or complete redevelopment, this property presents an exciting prospect for homeowners, investors, and developers alike.
In addition to the existing residence, the site benefits from a planning application (Reference: 0/50853) Offering tremendous scope for renovation, extension, or complete redevelopment, this property presents an exciting prospect for homeowners, investors, and developers alike.
In addition to the existing residence, the site benefits from a planning application (Reference: 0/50853) planning application allows development of two, 4 bedroomed dwellings by demolishing the existing one.
The buyer has a choice either to develop the rear one and sell it to invest or to demolish the existing one and build the new home or develop both.
The current accommodation briefly comprises a welcoming entrance hallway leading to a spacious lounge featuring an attractive fireplace with wood-burning stove and sliding doors opening onto the rear garden.
An adjoining versatile reception room, currently utilised as a home office, offers potential for use as a fourth bedroom.
The property also includes a kitchen/breakfast room, dining room, three well-proportioned bedrooms, and a family bathroom. Externally, the property enjoys generous grounds to both the front and rear.
The front offers a large driveway providing ample off-road parking for several vehicles, alongside lawned and gravelled garden areas enhanced by mature trees, shrubs, and established planting.
To the rear, a sizeable, enclosed garden features a paved patio seating area, extensive lawn and gravelled sections, and an abundance of mature landscaping, creating a private and peaceful outdoor setting.
Planning Information We have been advised by the current owner that planning permission has received verbal approval, with the Section 106 agreement currently progressing towards completion.
However, prospective purchasers should note that the planning permission has not yet been formally approved on the Conwy Planning website and remains subject to final confirmation.
The proposed scheme involves the demolition of the existing bungalow and construction of two executive four-bedroom detached homes. Architectural drawings are available for inspection upon request.
Early viewing is highly recommended to fully appreciate the scale, versatility, and development potential of this unique property.
Private Septic Tank Agents Notes Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Location Situated within the desirable Upper Colwyn Bay area, the property enjoys a fantastic position close to a wide range of local amenities.
Colwyn Bay is a thriving coastal town renowned for its beautiful beaches, stunning scenery, excellent schools, independent shops, cafés, restaurants, and vibrant community atmosphere.
The area offers an abundance of leisure opportunities, including coastal walks, water sports, golf courses, and easy access to the spectacular landscapes of Snowdonia National Park, making it ideal for outdoor enthusiasts.
Excellent transport links further enhance the appeal, with convenient access to the A55 Expressway providing connections across North Wales and beyond.
Colwyn Bay railway station offers direct services to major cities including Chester, Liverpool and Manchester, making the area particularly attractive to commuters seeking a coastal lifestyle.
The highly regarded Pen y Bryn Restaurant and Rydal Penrhos School are both located within easy (truncated)
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.
Area
Agent & docs
FAQ
About 56, Pen Y Bryn Road, Conwy
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