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Greenfield Road - Colwyn Bay
A Smart 1 Bedroom Apartment Close To The Beach.
24 Greenfield Road, Colwyn Bay - LL29 8EL
Price: £105,000
Build Status: Complete
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* Images purely for illustrative purposes and may not be the actual apartment for sale.
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Apartment 1, 24 Greenfield Avenue, Colwyn Bay is a converted Georgian House split into 4 good sized apartments and split into 2 x 1 bedroom apartments and 2 x 2 bedroom apartments. Apartment 1 was refurbished in May and is now being advertised on the holiday and short term let market, where it has achieved fantastic returns in the last 3 months. This is an active and ready, fully furnished Holiday Let with history and massive potential in a very popular resort. For the new owner this is a totally hands off, fully managed investment.
The properties are situated just a 4-5 minute walk from the 3 mile Beach and promenade and just a 2 minute walk from the bars, shops and restaurants of the area. This is an exception low entry opportunity to invest in apartments that are perfect for the holiday let market but will also give you a great return on the standard let market if you prefer smaller returns but longer term guarantees. Flat 1 is a first floor apartment at a size of 45.2 sqm.
Priced £105,000
Investment Highlights
| 10%+ NET Yield |
| Fully Furnished |
| STL Approved in Lease |
| Close To Colwyn Bay Beach |
| Currently Active as a Holiday Let |
| Holiday Let: £50 - £90 per Night |
| Price | £105,000 |
| Build Completion | Completed |
| Units Available | 1 |
| Property Type | Residential (Short Term Let) |
| Finance | Yes** |
| Rental Guarantee | No |
** The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase. Please read the FAQs above for more information.
Enquire About This Investment
Complete The Form Below To Receive The Brochure & Book Your Free, No Obligation Consultation Call