2-bedroom flat · LL28 4RR
Listing removedListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** please send an enquiry through rightmove to register your interest ** Modern Two bedroom first floor apartment (no lift) situated within walking distance of Rhos On Sea Village & Promenade.
Flat door leads into hallway with intercom and 2 storage cupboards one with shelves and rail, and the other with small radiator. Good sized Lounge with electric fire and Bay window with fitted blinds.
Kitchen has a range of wall and base units, with integrated oven and grill, and hob with extractor hood, integrated washing machine, Freestanding Fridge Freezer, and breakfast bar, and fitted blinds.
Main bedroom has built-in wardrobes with mirrored doors and over bed storage, and fitted blinds, with En-suite with shower cubicle, wash hand basin and WC.
Second Bedroom also has built in wardrobes and fitted blinds. Bathroom has Bath, wash hand basin and WC. UPVC double glazing, Gas Central Heating, Communal Garden, Parking Space for one car.
EPC rating C. Council tax band D. Due to the ages of the other occupiers, the management company have requested over 55 years old only.
To be considered your annual salary must be over £23,850 per annum or sufficient savings.
Lounge (5.53m x 3.78m (18'1" x 12'4")) Kitchen/Breakfast Room (3.49 x 2.43 (11'5" x 7'11")) En-Suite (2.55 x 0.91 (8'4" x 2'11")) Bedroom (3.84 x 2.55 (12'7" x 8'4")) Bedroom (3.12 x 2.36 (10'2" x 7'8")) Bathroom (2.13 x 1.69 (6'11" x 5'6"))
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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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
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FAQ
About Cwrt Peris, Apartment 8, Colwyn Crescent, Colwyn Bay
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