2-bedroom flat · LL29 9TG
Listing removedListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN – FIRST FLOOR PURPOSE BUILT APARTMENT – TWO BEDROOMS – OPEN PLAN KITCHEN/LIVING AREA – RESIDENTS’ PARKING We are delighted to bring to market this purpose built first floor apartment, ideally positioned in the heart of Old Colwyn.
Perfect for first time buyers, buy to let investors, or those looking to downsize in a highly convenient location, the property sits within easy reach of local shops, bus routes, schools, and the beautiful sandy beach.
The accommodation briefly comprises communal entrance with stairs leading to Apartment 5, entrance hall with storage cupboard, primary bedroom, second bedroom, family bathroom, and a bright open plan kitchen/living space complete with fitted appliances and space for a washing machine.
Additional benefits include a communal parking area, double glazing, gas central heating, and an intercom entry system to the main building.
The property is offered for sale on a leasehold basis, with the original 999 year lease commencing in 2006. Please contact the agent for further details.
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 St. Catherines Drive, Old Colwyn, Conwy, LL29
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