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 %
- Average area rental value
- 1,053.00 £/moDecreased by 6.32 %
- Est rental Yield
- 3.15 %Decreased by 34.10 %
- Crime Rate
- 102.00 %Unchanged by 0.00 %
Agent Activity
Bond Wolfe created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Glan Morfa | Welsh Establishment | 0.84 KM | |
| Ysgol Glan Gele | Welsh Establishment | 0.84 KM | |
| St Elfod Junior School | Welsh Establishment | 0.84 KM | |
| Ysgol Emrys Ap Iwan | Welsh Establishment | 1.04 KM | |
| Canolfan Addysg Nant-Y-Bryniau Education Centre | Welsh Establishment | 3.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lôn Cilmael | £ 0 | 0 | 0.00 KM |
| Queensway | £ 0 | 0 | 0.00 KM |
| Hafod y Môr | £ 140,000 | 0 | 0.00 KM |
| Cwrt Idris | £ 190,000 | 0 | 0.00 KM |
| Rhodfa Sydenham | £ 185,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Abergele And Pensarn | 2448 | AGL | 0.40 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marine Road, Abergele, LL22 | £ 310,000 | BUY | 7 / 10 | 0.05 KM |
| Marine Road, Pensarn, Abergele, LL22 7PS | £ 275,000 | BUY | 6 / 10 | 0.05 KM |
| Flat 2, 46 Marine Road, Pensarn, Conwy LL22 7PR | £ 25,000 | BUY | Unknown | 0.12 KM |
| Lon Y Gors, Pensarn, Abergele, LL22 | £ 170,000 | BUY | Unknown | 0.14 KM |
| Marine Road, Pensarn, LL22 | £ 325,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45 Marine Road | £ 125,000 | 0.05 KM |
| Bryntirion | £ 165,000 | 0.05 KM |
| 80 Marine Road | £ 190,000 | 0.05 KM |
| 82 Marine Road | £ 155,000 | 0.05 KM |
| 88 Marine Road | £ 175,000 | 0.05 KM |