2 Bed House, Single Let, Llanrwst, LL26 0ES, £155,000

Willow Street, Llanrwst, LL26 0ES - 3 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£85K - £230K
Sold Prices/m²£924/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£141,755

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£695 - £1,100

Rent Estimate

£743

Running Costs/mo

£653

Cashflow/mo

£90

Cashflow/yr

£1,080

ROI

2%

Gross Yield

6%

Local Sold Prices

22 sold prices from £85K to £230K, average is £152.5K. £924/m² to £3.7K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£175K11/210.1 miGainsboro, Denbigh Street, Llanrwst, Conwy LL26 0AW2
£130K07/220.11 miMews Cottage, Tan Y Graig, Llanrwst, Conwy LL26 0NA2
£85K11/230.18 mi43, Scotland Street, Llanrwst, Conwy LL26 0AL2
£138K04/210.2 mi36, George Street, Llanrwst, Conwy LL26 0DP2
£144K02/240.21 mi40, George Street, Llanrwst, Conwy LL26 0DP2
£132K01/220.22 mi24, George Street, Llanrwst, Conwy LL26 0DP2
£172.5K03/230.24 mi1, John Street, Llanrwst, Conwy LL26 0DR2
£175K11/210.25 miGainsboro, Denbigh Street, Llanrwst, Conwy LL26 0AW2
£125K08/220.25 mi76, Denbigh Street, Llanrwst, Conwy LL26 0AW2
£155K08/220.26 mi6, Tyddyn Terrace, Llanrwst, Conwy LL26 0AT2
£185K11/220.32 mi4, School Bank Road, Llanrwst, Conwy LL26 0AR2
£160K02/220.36 mi40, Cae Person, Llanrwst, Conwy LL26 0HT2
£125K11/220.36 miArfon Deg, Abergele Road, Llanrwst, Conwy LL26 0NG2
£147K09/210.36 miBro Heulwen, Town Hill, Llanrwst, Conwy LL26 0NF2
£155K12/210.37 miFoty, Abergele Road, Llanrwst, Conwy LL26 0NG2
£159.9K03/220.41 mi15a, Maes Mawr, Llanrwst, Conwy LL26 0HW2
£148K10/200.42 mi71, Cae Person, Llanrwst, Conwy LL26 0HT2
£147K10/220.42 mi58, Cae Person, Llanrwst, Conwy LL26 0HT2
£207.5K01/240.49 mi29, Maes Tawel, Llanrwst, Conwy LL26 0TS2
£195K03/230.5 mi27, Maes Tawel, Llanrwst, Conwy LL26 0TS2
£230K03/230.51 mi11, Parc Yr Eryr, Llanrwst, Conwy LL26 0ND2
£150K08/230.6 mi43, Maes Myrddin, Llanrwst, Conwy LL26 0SA2

Local Rents

8 rents from £695/mo to £1.1K/mo, average is £823/mo.

RentDateDistanceAddressBeds 
£85002/250.13 mi-3
£85002/240.13 mi-3
£79506/240.14 miWatling Street, Llanrwst, Conwy, LL263
£69512/240.17 mi-3
£79506/240.18 miConwy Terrace, Llanrwst, Conwy (County of), LL262
£95005/240.36 miBlaen Nant, Llanrwst, LL26 0NG3
£75005/241.59 miTan Y Fedw, Trefriw2
£1,10005/241.63 miTyddyn Mali, Ffordd Trwyn Swch, Llanddoged, LL26 0DZ2

Local Area Statistics

Population in LL26

4,383

Population in Llanrwst

4,528

Town centre distance

0.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £155,000

September 19, 2024

Description

A spacious, well presented ground floor apartment set in a popular and select area in the traditional market town of Llanrwst

Spacious character accommodation briefly affording Reception Hall and Study area, Kitchen, Living & Dining Room, Inner Hallway, 2 Double Bedrooms (master en-suite), 4 piece Bathroom. Gas fired central heating and uPVC double glazing. Convenient setting for walking into town centre shops, restaurants and transport facilities.

VIEWING RECOMMENDED

The Accommodation Affords - Approximate Measurements Only)

Reception Hallway - uPVC double glazed door and side panel , tiled floor, inset lighting, radiator, leaded and stained window and door to living and dining room.

Kitchen - 2.9m x 2.89m (9'6" x 9'5") - Fitted range of modern base and wall units with wood worktops, one and half bowl sink with mixer tap, wine rack, integral dishwasher and fridge, four ring hob and canopy glass and stainless steel extractor above, split level oven.

Living Room - 5.1m x 5.13m (16'8" x 16'9") - Stained timber flooring, feature electric remote controlled fire, inset spotlighting, two radiators, TV point, telephone point, two uPVC double glazed windows overlooking side.

Dining Area - 2.5m x 2.3m (8'2" x 7'6") - Radiator, stained timber flooring, Door leading to :

Walk In Utility Room - Wall cupboards, sink unit, recess fro dryer, plumbing for automatic washing machine, built-in storage cupboard with shelving.

From Living Area Doorway To - Inner Hallway

Bedroom 1 - 5.3m x 4.2m (17'4" x 13'9") - Step leading down to rear French windows which lead on to rear garden and courtyard area. Double panelled radiator, recess for wardrobes, TV point, telephone point, En suite shower room with low level W.C, shower enclosure, vanity wash basin, double panelled radiator, floor tilling.

Bedroom 2 - 2.74m x 2.35m (8'11" x 7'8") - Double panelled radiator, uPVC double glazed window overlooking side with fitted wooden slatted blinds, walk -in wardrobe with ample storage and hanging space.

Outside - Communal courtyard and garden area with access through archway from Willow Street. Parking space to front of property, small seating area to front.

Services - Mains water, electricity, gas and drainage.

Tenure - Leasehold - Remainder of 999 years lease. Th property is one of five which collectively own the Freehold, therefore you will become the owner of 1/5 share of the Freehold of The Old Brewery. The maintenance charges are shared between the 5 owners / shareholders 2004/25 the amount service charge is £126.00 per annum.

Full details from Agents

Directions - Proceed from the town centre towards Llandudno, turn left by Snowdonia Antiques into Willow Street and The Old Brewery is on the right hand side. No 2 is the ground floor apartment furthest away from the access road.

Viewing Llanrwst - By appointment through the agents Iwan M Williams, 5 Denbigh Street, Llanrwst, tel , email

Proof Of Funds - In order to comply with anti-money laundering regulations, Iwan M Williams Estate Agents require all buyers to provide us with proof of identity and proof of current residential address. The following documents must be presented in all cases: IDENTITY DOCUMENTS: a photographic ID, such as current passport or UK driving licence. EVIDENCE OF ADDRESS: a bank, building society statement, utility bill, credit card bill or any other form of ID, issued within the previous three months, providing evidence of residency as the correspondence address.

Situated within level walking distance of all shops, trains stations, doctors surgery and other local services and amenities. Llanrwst is a traditional market town located in the beautiful Conwy Valley approximately 4 miles from the inland tourist resort of Betws Y Coed.

Agent Details

Iwan M Williams, Llanrwst

01492 551350

Next Steps?

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