Immediate rental income and strong refurbishment potential near the coast.
Three-storey detached building split into three apartments
One flat currently let at £490 pcm, other two need upgrading
UPVC double glazing and gas central heating throughout
Sea views to front; garage, rear yard and outbuildings included
Individually metered flats and communal fire alarm system
Small plot; limited garden space
Area recorded as very deprived with above-average crime
Sold at auction — 5% deposit, buyer’s premium and quick completion
A substantial three-storey detached building arranged as three self-contained apartments, positioned close to Abergele's coast with sea views to the front. One flat is currently let at £490 pcm, while the other two require upgrading — offering immediate income plus clear refurbishment upside. The property benefits from UPVC double glazing, gas central heating, individual metering, and a communal fire alarm system; a garage, rear yard and outbuildings complete the plot.
This is a hands-on investment suited to buyers who can manage works and void periods. The building offers sizeable rooms across the three floors and straightforward layouts that lend themselves to refurbishment, re-letting or conversion improvements. The small plot limits garden scope, but on-site parking and a garage are useful assets for tenants or future resale.
Important considerations are factual and material: the local area is recorded as very deprived with above-average crime, and some apartments require upgrading. The sale is by online auction with a binding 5% deposit on completion, a buyer’s premium (5% + VAT, minimum £5,000 + VAT), and tight completion timescales — review the legal pack carefully before bidding. Verify the Accommodation and service records within the legal documents.
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