Summary - 16 FLAT 2 MAELGWYN ROAD LLANDUDNO LL30 2YN
1 bed 1 bath Flat
One-bedroom maisonette near Llandudno pier — immediate income and parking.
Currently let at £695 pcm (tenant in situ)
This one-bedroom maisonette occupies first and second floors of an Edwardian semi-detached building within easy, level walking distance of Llandudno town centre, the pier and the Great Orme. The flat is currently let at £695 pcm, producing a gross annual income of £8,340 — around a 7.9% gross yield at the asking price of £105,000. It benefits from UPVC double glazing, a gas-fired combination boiler with radiators, and a small driveway for off-street parking.
Accommodation is compact at about 462 sq ft but well planned: lounge and kitchen on the first floor, bedroom and bathroom on the second. High ceilings and large windows are retained in keeping with the period exterior and help maximise daylight. The property is sold leasehold and comes with an in-place tenancy, so any buyer should factor in lease terms and notice requirements.
Location is a clear selling point for seaside demand and short-term visitor interest, with beaches and amenities within easy walking distance. However, the surrounding area records very high crime and significant deprivation indicators; these are material considerations for future lettings, insurance and resale. Council tax is very low, which helps running costs.
This flat suits an investor seeking immediate rental income in a popular coastal town or a first-time buyer willing to occupy subject to lease terms. Expect a modest-sized home requiring only basic cosmetic updating rather than major refurbishment. Confirm lease length, service charges and any management arrangements before proceeding.
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