2-bedroom house · LL29 9DN
Sold STCListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market this traditional semi detached dormer style bungalow, offered with no onward chain and providing versatile living accommodation in a highly sought after location.
Early viewing is strongly advised to appreciate the full potential this ideal home has to offer.
In brief, the ground floor comprises: an entrance hall, a spacious lounge featuring a charming fireplace, a fitted kitchen with patio doors opening onto the rear garden, a dining room (which could alternatively serve as a bedroom), a primary bedroom with fitted wardrobes, and a shower room.
Stairs from the entrance hall lead to the first floor landing, where you will find a further bedroom, office and an attic room offering excellent storage space.
The property benefits from gas central heating and double glazing throughout.
Externally, the front of the property features a small garden area with mature shrubs, while a long driveway runs alongside the home, providing ample off road parking and access to the detached garage and a useful outbuilding.
The rear garden offers a practical and private space with plenty of scope to create a beautifully landscaped outdoor area.
In need of some updating and attention, this dormer bungalow presents a fantastic opportunity to create a lovely home suited to a wide range of buyers.
Location Iola Drive is a quiet and well regarded residential street set within the popular coastal village of Old Colwyn.
The area is known for its friendly community feel, convenient amenities and easy access to both the coast and surrounding countryside.
Local shops, cafés, schools and everyday services are all within easy reach, while the nearby promenade and beach provide a lovely setting for walks and outdoor leisure.
Excellent transport links make the location particularly practical, with quick access to the A55 for commuting across North Wales and beyond.
Old Colwyn also benefits from regular public transport connections and is just a short distance from the larger town of Colwyn Bay, offering a wider range of shopping, dining and recreational facilities.
A desirable and well connected location, Iola Drive offers the perfect balance of coastal living and everyday convenience.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Iola Drive, Old Colwyn, Colwyn Bay, Conwy, LL29
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