2-bedroom flat · LL28 4RL
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern 2 bedroom property to let in the heart of Rhos-on-Sea. The property is located within walking distance of local shops, restaurants and the stunning Rhos-on-sea Harbour.
the property is made up of 2 generous size bedrooms, a large living room and a spacious kitchen and bathroom. The the property is heated with gas central heating throughout.
The property features meticulously maintained communal grounds and gardens and also features one independent parking space.
Please be aware, this property is located on the first floor with no lift access. This property has a strict no pets policy due to lease conditions on the building.
To qualify for this property, you must have a combined income of £27000pa Council Tax: D EPC: C Deposit: £1000
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Penrhyn Avenue, Rhos On Sea, Colwyn Bay
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