We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · LL29 9HD
For saleReduced £20k (−7.1%) on 21 AugListed 529 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you are looking for a home with one of the best views in North Wales, then this property is a simply a 'must see.' Tucked away in an elevated, secluded cul de sac, this versatile, detached bungalow enjoys the most outstanding sea & coastal views over Colwyn Bay, Rhos on Sea, towards the Little Orme and surrounding countryside.
The internal accommodation of this charming home briefly comprises; Reception hall with storage cupboard, archway leading through to the dining room and a large conservatory to the front which enjoys the sea and coastal views, triple aspect lounge taking in those superb views and with access out to a balcony ideal for sitting out on to enjoy the glorious sunsets, kitchen/breakfast room with access to a rear conservatory which overlooks the landscaped gardens.
In addition to the living space, there are two double bedrooms a four-piece bathroom complete with separate shower cubicle and sunken bath.
Inner hallway gives access to the loft via a spiral staircase and provides a good storage area, or guest room with WC and eves storage.
Externally there is a good sized, southerly facing, landscaped garden to the rear laid mainly to lawn with planted shrubs and beds, a paved seating area at the rear to take in those superb views.
To the front a low maintenance garden with steps up to the main reception hallway, driveway and attached garage with up and over door and further storage space.
This lovely property further benefits from gas central heating, double glazing and is being sold with no onward chain, viewings highly recommended.
Old Colwyn is a charming village, situated on the outskirts of the main town of Colwyn Bay, it offers a superb sandy beach, promenade & a great range of local shops and services.
The A55 coastal Expressway is located just a few minutes drive away and the main number 12 coastal bus route is within walking distance.
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 5, Plas Gwilym, Colwyn Bay
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