Affordable one-bed investment close to town and beach with tenant in place.
- Tenanted sale — sold with tenant in situ, immediate rental income
An affordable, central Colwyn Bay flat offered with a tenant in situ — clear appeal for buy-to-let investors seeking immediate income. The one-bedroom, second-floor apartment sits about five minutes’ walk from the beach and promenade, with regular buses and a direct rail link nearby. At about 483 sq ft the layout is compact: lounge, kitchen/diner, bedroom, bathroom and separate WC.
The building retains Victorian exterior character and the flat benefits from double glazing. Practical positives include excellent mobile signal, average broadband and very low council tax, which can help tenant retention and running costs. The property is leasehold and presented as an average-sized apartment that will suit investors targeting central, seaside rental demand.
Important considerations are factual and should inform viewing offers. The local area scores as very deprived with a high crime classification. The listing information about heating is inconsistent (data notes electric storage heaters; marketing text references gas central heating) — buyers should confirm actual systems. The kitchen is dated and the flat will likely need light modernisation in parts.
This is a clear value-led purchase: low asking price and tenant in place make for immediate rental return, but factor in refurbishment, lease terms, and local area challenges when calculating yield and long-term prospects.
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