2-bedroom flat · LL30 2HG
Listing removedListed 164 daysAuction 1 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA ONLINE UNCONDITIONAL AUCTION. BIDDING OPENS MONDAY 28TH SEPTEMBER & CLOSES TUESDAY 29TH SEPTEMBER. REGISTER FOR LEGAL PACK AND BIDDING ON OUR WEBSITE.
AUCTIONHOUSE.CO.UK BLANK CANVAS FOR IMPROVEMENT SEASIDE TOWN LOCATION CLOSE TO LOCAL AMENITIES & SHOPS LONG LEASE TERM Title Number: CYM44098 Tenure: Leasehold Local Authority: Conwy Council Tax Band: B EPC Rating: D what3words: ///swerves.lecturers.twisting OPEN HOUSE VIEWINGS (You MUST book on our website).
Please note, communal door keys are not obtained by Auction House so access maybe restricted on any of the below dates.
Monday 21st September 12:30 - 13:00pm Thursday 24th September 10:00 - 10:30am * Doors strictly open at the start time and close at the end time. Make arrangements to be there for the 30 minute slot.
NOTE: We currently hold no communal door key and assume there will not be a key available to hand over on completion.
Situated on the lower ground floor of Ormeside Court, this property requires attention. A real project opportunity in a fantastic location, opposite the infamous Great Orme Tram Station.
Great overall potential to leave your stamp. Centrally located, walkable distance to the Promenade, Pier and Town Centre. ROOM LIST - Any Floor plan and measurements are for indicative purposes.
Please conduct further due diligence as required.
Please refer to the floorplan for dimensions but as mentioned, always carry out relevant checks and inspections yourself where possible as they are used for guidance and illustrative purposes only.
Entrance Hall Lounge Kitchen Bedroom One Bedroom Two Bathroom PLEASE NOTE No appliances have been tested by Auction House. Any measurements or boundary illustrations are approximate.
We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid.
If you are the successful bidder, you are required to pay the deposit and auction fees immediately.
As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract.
You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure: Leasehold Lease Details: 999 years from 1 January 1980 Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Flat 1, Ormeside Court, 19 Church Walks, Llandudno, Conwy LL30 2HG
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