Summary - 10 VICTORIA STREET LLANDUDNO LL30 1LQ
3 bed 3 bath Terraced
Victorian end-terrace producing immediate income—ideal for yield-focused investors..
Three self-contained one-bed flats generating £20,916pa
A solid coastal investment in Craig-y-Don: this Victorian end-terrace comprises three self-contained one-bedroom flats producing a current annual income of £20,916. Long-term tenancies (20, 15 and 3 years) provide immediate, reliable cash flow and minimise vacancy risk. The property retains period features—high ceilings, bay windows and red brick facade—that help tenant appeal and future resale value.
Located a short walk from Llandudno Bay, parks and a busy high street, the building benefits from strong local demand for rental accommodation and good transport links to the A55. Broadband speeds are fast and there is no flood risk. The freehold tenure and council tax band are favourable for running costs.
Buyers should note construction-era specifics and maintenance needs: the property is timber-framed with no assumed cavity insulation and glazing dates are unknown. These factors may mean thermal upgrades and some fabric work are advisable to improve energy performance and long-term running costs. The immediate area has above-average crime and is classified as very deprived, which can affect tenant mix and future capital growth in the short term.
This is best suited to investors seeking an income-producing coastal property with character and immediate yield, who are prepared to budget for energy-efficiency improvements and ongoing maintenance to protect and enhance capital value.
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