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1 /8
£105,000
Flat, Greenfield Road, Colwyn Bay, LL29
- 1 bed
£105,000
- 1 bed
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Buy with a mortgage
Estimate monthly mortgage payment:
£479 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,250
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A beautiful converted Georgian House split into 4 good sized apartments
Ideal for Short Term Holiday, Leisure and Corporate Lets
Apt 1 is a first floor apartment
Apartment size 45.2 sqm
5 minute walk from the 3 mile Beach and promenade
2 minute walk from bars, shops and restaurants
An exceptionally low entry opportunity
Has recently achieved fantastic returns
Predicted NET returns of 12% on FHL model, circa £13,000 per annum
Fully Furnished
24 Greenfield Road, Colwyn Bay is a converted Georgian House split into 4 good sized 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 property is 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 exceptionally low entry opportunity to invest in an apartment that is 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.
Tenure: Leasehold
Ground Rent: £95 per year
Service Charge: £657 per year
Ideal for Short Term Holiday, Leisure and Corporate Lets
Apt 1 is a first floor apartment
Apartment size 45.2 sqm
5 minute walk from the 3 mile Beach and promenade
2 minute walk from bars, shops and restaurants
An exceptionally low entry opportunity
Has recently achieved fantastic returns
Predicted NET returns of 12% on FHL model, circa £13,000 per annum
Fully Furnished
24 Greenfield Road, Colwyn Bay is a converted Georgian House split into 4 good sized 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 property is 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 exceptionally low entry opportunity to invest in an apartment that is 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.
Tenure: Leasehold
Ground Rent: £95 per year
Service Charge: £657 per year
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£479 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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