Groes Road, Colwyn Bay
CL

Groes Road, Colwyn Bay

By Clough & Co

£ 750,000

Reviews

2 out of 5 stars

Clough & Co says ..

A unique opportunity to purchase approximately 58.17 acres (23.54 hectares) of prime agricultural land occupying an accessible location a short distance off the A55 North Wales Expressway. The land is of excellent quality being capable of growing maize and various arable crops and is either free...

Property Oracle says ..

This property is a sizeable plot of agricultural land located on Groes Road in Colwyn Bay, a region in North Wales. The listing does not specify the exact nature of the zoning or the permitted land usage. The land itself appears to be arable and is described as suitable for growing maize and other crops, suggesting agricultural potential. The photos depict the vastness of the land and its countryside setting, with views towards the sea being evident in one image. The location provides access to the A55, facilitating transport links and commutes. The presence of schools like Ysgol Bryn Elian, Ysgol Bod Alaw, and Eirias High School within a reasonable distance will be a factor for potential buyers interested in the area for family reasons. The distance to Colwyn Bay town centre also plays a role for buyers who want to be close to both countryside and urban amenities. However, the lack of building and the price of the property itself may represent an investment opportunity rather than a ready-to-live-in dwelling. The lack of data on sq ft in the listing makes calculating per square foot costs impossible. The average prices for surrounding areas indicate significantly lower property values; this difference needs to be considered in the context of the size and type of property for a reasonable assessment. Further investigations on the zoning of the land, and a comparative market analysis, are necessary to determine the suitability and value of the property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
5
Land
10
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
401,278.00 £
Increased by 42.31 %
from 281,975.00 £
Average area rental value
1,053.00 £/mo
Decreased by 6.32 %
from 1,124.00 £/mo
Est rental Yield
3.15 %
Decreased by 34.10 %
from 4.78 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Clough & Co marked this listing as sold.

  • Clough & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Bryn ElianWelsh Establishment1.09 KM
Ysgol Bod AlawWelsh Establishment1.30 KM
Eirias High SchoolWelsh Establishment1.48 KM
Old Colwyn Junior C.P. SchoolWelsh Establishment1.53 KM
Rydal PenrhosWelsh Establishment3.02 KM

Images

Lot 2 Board.png 10.jpg 13.jpg SITUATION & DIRECTIONS ACCESS

Nearby Streets

NameAverage PriceAverage SqftDistance
Ffordd y Fedwen £ 000.00 KM
Bryn Eirias Close £ 000.00 KM
Groes Road £ 000.00 KM
Tai Newyddion £ 000.00 KM
Bod Elian £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colwyn Bay2451CWB2.46 KM
Glan Conwy2454GCW9.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Beal Avenue, Colwyn Bay, Conwy, LL29 £ 239,950BUYUnknown0.65 KM
Maes-y-Fron, Colwyn Bay £ 189,500BUY6 / 100.73 KM
Ffordd Fedwen, Colwyn Bay £ 169,950BUY5 / 100.76 KM
Maes Y Fron, Colwyn Bay £ 199,950BUY7 / 100.79 KM
Maes Y Fron, Colwyn Bay £ 197,950BUY6 / 100.79 KM

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13 Beal Avenue £ 175,0000.65 KM
25 Beal Avenue £ 169,5000.65 KM