Flat 1, 68 Marine Road, Pensarn, Abergele, Clwyd, LL22 7PS
BO

Flat 1, 68 Marine Road, Pensarn, Abergele, Clwyd, LL22 7PS

By Bond Wolfe

£ 29,000

Reviews

2 out of 5 stars

Bond Wolfe says ..

For Sale By Public Auction 06 February 2025 A long leasehold flat investment property Current gross rental income £7,200 PA

Property Oracle says ..

This property is a one-bedroom flat located in a coastal area of Wales. It’s listed for sale at a price significantly below many neighboring properties. The auction listing emphasizes its potential as a rental investment opportunity, highlighting a current gross annual rental income of £7,200. The building appears older and could benefit from some exterior maintenance, but structural integrity seems intact. Key information such as the size of the apartment and the specific condition are missing. The location is convenient, near the beach and a train station; however, the overall desirability would be increased with more details about nearby amenities and schools. The low price is attractive, especially for investors, but thorough due diligence and survey would be absolutely necessary before committing to a purchase, to understand factors that may influence value and ongoing costs. Further analysis of the leasehold details would be vital to a potential buyer or investor. This could significantly impact the overall valuation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
1
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
401,278.00 £
Increased by 42.31 %
from 281,975.00 £
Average area rental value
1,053.00 £/mo
Decreased by 6.32 %
from 1,124.00 £/mo
Est rental Yield
3.15 %
Decreased by 34.10 %
from 4.78 %
Crime Rate
102.00 %
Unchanged by 0.00 %
from 102.00 %

Agent Activity

  • Bond Wolfe created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Glan MorfaWelsh Establishment0.84 KM
Ysgol Glan GeleWelsh Establishment0.84 KM
St Elfod Junior SchoolWelsh Establishment0.84 KM
Ysgol Emrys Ap IwanWelsh Establishment1.04 KM
Canolfan Addysg Nant-Y-Bryniau Education CentreWelsh Establishment3.15 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lôn Cilmael £ 000.00 KM
Queensway £ 000.00 KM
Hafod y Môr £ 140,00000.00 KM
Cwrt Idris £ 190,00000.00 KM
Rhodfa Sydenham £ 185,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Abergele And Pensarn2448AGL0.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Road, Abergele, LL22 £ 310,000BUY7 / 100.05 KM
Marine Road, Pensarn, Abergele, LL22 7PS £ 275,000BUY6 / 100.05 KM
Flat 2, 46 Marine Road, Pensarn, Conwy LL22 7PR £ 25,000BUYUnknown0.12 KM
Lon Y Gors, Pensarn, Abergele, LL22 £ 170,000BUYUnknown0.14 KM
Marine Road, Pensarn, LL22 £ 325,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
45 Marine Road £ 125,0000.05 KM
Bryntirion £ 165,0000.05 KM
80 Marine Road £ 190,0000.05 KM
82 Marine Road £ 155,0000.05 KM
88 Marine Road £ 175,0000.05 KM