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See how verdicts work1-bedroom flat · LL29 9AE
Listing removedListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom apartment has the benefits of an allocated garage, off-road parking and far reaching sea views.
You can enter the property by one flight of stairs by accessing the property from the side garden.
Set within the beautiful communal gardens in the well maintained development of “Rhos Gwyn” in Old Colwyn. Walking distance to the local shops, bus stop, promenade & beach.
A short drive from both Colwyn Bay & Rhos on Sea.
The apartment comprises of:- Communal entrance with secure intercom entry system, hallway with built-in storage, lounge with picture window and far reaching sea views opening into the office room, kitchen, bedroom and shower room.
UPVC double glazed windows and electric heating are throughout the apartment.
Outside to the front of the building there is an allocated garage and off-road parking in the residents communal car park, communal refuse room and beautiful communal gardens.
Viewing is recommended to appreciate the convenient location this apartment offers.
Lounge 13' 2'' x 10' 4'' (4.01m x 3.15m) Kitchen 9' 2'' x 6' 9'' (2.79m x 2.06m) Office 6' 5'' x 6' 2'' (1.95m x 1.88m) Bedroom 10' 1'' x 7' 4'' (3.07m x 2.23m) Shower Room 6' 2'' x 6' 1'' (1.88m x 1.85m) Location Situated on the outskirts of Old Colwyn with its local shops and other facilities.
The larger resort town of Colwyn Bay with its larger shops is approximately two mile distance. The A55 dual carriageway is close by for easy access to Chester and the motorways beyond.
Directions From the Rhos on Sea office turn towards the Promenade, turn right onto the Promenade.
Continue along this road to the end, bear right onto Wynnstay Road, continue to the top of the road, bear left onto Abergele Road, as you go up the hill Rhos Gwyn is on the left hand side.
When approaching from the side of the property near the garden there is only one flight of stairs to the second floor.
Agents Notes NB: Apartment is leasehold on a 999 year lease from 1990 Service charge: £115 pcm payable to Rhos Gwyn Management Ltd INCLUDES:- Buildings insurance, cleaning & maintenance of the communal areas & gardens
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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
Agent & docs
FAQ
About 493 Abergele Road, Old Colwyn
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