2-bedroom house · LL29 9AG
Listing removedListed 270 days
Opportunity summary
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About
Located on the outskirts of Old Colwyn, just a short distance from the North Wales coastline, this two-bedroom mid-terrace cottage offers an excellent opportunity for first-time buyers or investors seeking a project property with scope for modernisation.
Tenure: Freehold -EPC E - Council Tax: B The accommodation is arranged over two floors comprising spacious lounge, leading through to a dining kitchen which offers ample space for everyday dining and provides a practical layout ready for improvement.
To the first floor, the property offers two well-proportioned double bedrooms, both enjoying natural light, together with a bathroom and a central landing area.
The property is in need of modernisation, presenting an ideal blank canvas for purchasers to refurbish and add value to suit their own tastes.
Externally, there is no garden but a small outside area to front for bin or bike storage and on-road parking close by.
Lounge - Upvc double glazed front door and window/ feature fireplace surround, radiator, staircase leading to first floor accommodation.
Doorway to: Dining Kitchen - Range of base units and complementary worktops, inset sink, space and plumbing for washing machine. Upvc double glazed window to front.
Wall mounted central heating boiler (not tested). Dining area with radiator. Landing - Built in linen cupboard. Bedroom 1 - Upvc double glazed window overlooking front.
Radiator Bedroom 2 - Upvc double glazed window, radiator Bathroom - Three piece suite comprising bath, wash basin and low level W.C. Built in linen cupboard. Window to rear.
Outside - Small outside gravelled area to front and on-road parking close by. Services - Mains water, electricity, gas and drainage are connected.
Council Tax Band: - Conwy County Borough Council tax band B Epc - RATED - E Proof Of Funds - In order to comply with anti-money laundering regulations, Iwan M Williams Estate Agents require all buyers to provide us with proof of identity and proof of current residential address.
The following documents must be presented in all cases: IDENTITY DOCUMENTS: a photographic ID, such as current passport or UK driving licence.
EVIDENCE OF ADDRESS: a bank, building society statement, utility bill, credit card bill or any other form of ID, issued within the previous three months, providing evidence of residency as the correspondence address.
Conveniently positioned for local shops, amenities and transport links, and within easy reach of the coast and nearby towns, this cottage represents a solid and affordable opportunity in a popular residential location.
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 Abergele Road, Old Colwyn, Colwyn Bay
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