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SOLD STC

Oswald Road, Llandudno Junction, Conwy, LL31 9EP

Key features

  • Pair of Flats
  • Sold By Secure Sale
  • Investment Opportunity

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £125,000.

Elwy are pleased to market for sale a pair of self-contained flats with tenants in situ, located in the popular village of Llandudno Junction.

Conveniently positioned close to the A55, Llandudno Junction is a thriving and well-connected village offering easy access to a wide range of local amenities, transport links, and nearby coastal towns, making it a popular choice for both renters and owner-occupiers alike.

The property is arranged over three floors and comprises:

A one-bedroom ground floor flat, offering a living room, kitchen, bedroom and bathroom, together with the benefit of a private enclosed garden.

A two-bedroom maisonette arranged over the first and second floors, comprising a living room, kitchen, bathroom and two bedrooms, with its own private entrance.

Both properties are well maintained and are currently occupied by long-term, settled tenants with a strong rental payment history.

The properties are fully compliant with Renting Homes Wales (RHW) 2016, benefitting from occupation contracts, gas safety certification, electrical safety certification, hard-wired smoke alarms and carbon monoxide detectors.

The current rental income is:

Ground floor flat: £500 PCM

Maisonette: £700 PCM

Generating a combined annual income of £14,400, with scope for future review in line with market values. Based on the current income, the property offers an approximate yield in excess of 10%, making it an attractive investment opportunity.

Tenure: FREEHOLD. NO CHAIN

EPC Rating: Flat 1a (D), Flat 1 (D)

Council Tax Band: A


Council Tax Band: A
Tenure: Freehold

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Oswald Road, Llandudno Junction, Conwy, LL31 9EP

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About Pattinson Estate Agents, Auction

Kingfisher Way Silverlink Business Park Wallsend NE28 9NY
Industry affiliations:Industry affiliation logo 0

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

However, we don't just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained.

At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, 'Pattinson Auction', was launched 33 years ago, and is going from strength to strength.

As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East's leading estate agency.

Affordability

Monthly repayments£627
Property: £ 125,000
Deposit: £ 12,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference 498171. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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