Summary - 24 Ffordd Garnedd LL56 4QY
2 bed 1 bath Flat
Waterside position with long lease and communal parking ideal for investors..
Two double bedrooms and shower room, suitable for couples or sharers.
Set within Y Felinheli’s marina, this first-floor two-bedroom apartment offers straightforward, low-maintenance accommodation and strong rental potential. The open-plan lounge/kitchen, two double bedrooms and shower room suit couples or investors seeking a waterside location close to local amenities and good road links to the A55.
Practical features include a very long lease (949 years), mains gas central heating, double glazing installed post-2002 and communal off-street parking and gardens. The flat is mid-terrace construction from the late 1960s/early 1970s, with cavity walls assumed uninsulated — an opportunity to improve energy performance with targeted works.
Important considerations: the property is leasehold and Article 4 restrictions mean planning permission is required to use it as a holiday home or holiday let. The wider area is classified as very deprived, which may affect capital growth and tenant profiles. There is no flood risk and broadband speeds are fast, supporting both long-term lets and home working.
Overall this is a practical, average-sized apartment with clear income potential for buy-to-let purchasers or first-time investors who can manage modest refurbishment and navigate the planning limitation on holiday use.
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