Summary - 24 Ffordd Garnedd LL56 4QY
2 bed 1 bath Flat
Affordable first-floor investment close to marina amenities and A55 links.
Two double bedrooms and shower room
Set within Y Felinheli’s marina quarter, this first-floor two-bedroom flat offers a straightforward, low-maintenance investment in a popular coastal village. The open-plan lounge/kitchen and two double bedrooms sit within an average-sized 630 sq ft layout, benefitting from double glazing, gas central heating and communal gardens. Off-street communal parking and good road links to the A55 add practical appeal for tenants.
The long lease (949 years) gives ownership security uncommon for leasehold properties at this price point. Fast broadband, proximity to marina amenities (cafés, restaurants, boat facilities) and cheap council tax support lettability for long-term tenants. There is no flood risk recorded for the location.
Important planning detail: Article 4 restrictions mean planning permission is required to operate the property as a holiday home or holiday lettings business. The area is classified as very deprived, which can affect local demand and rental levels; factor this into yield expectations. The building dates from the late 1960s/early 1970s and shows some dated internal finishes, so modest cosmetic updating may increase rental income or resale value.
Overall, this is a pragmatic, affordable investment opportunity close to coastal amenities and strong transport links. Buyers should budget for minor refurbishment and note the Article 4 limitation if they planned short-term holiday lets.
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