Groes Road, Colwyn Bay
CL

Groes Road, Colwyn Bay

By Clough & Co

£ 550,000

Reviews

3 out of 5 stars

Clough & Co says ..

A superior 5 bedroom farmhouse situated in a sought after semi-rural location on the outskirts of the idyllic village of Llanelian only one mile or so from Colwyn Bay. This hidden gem includes a detached imposing farmhouse, several stone traditional outbuildings, well equipped modern outbuilding...

Property Oracle says ..

This property presents a unique opportunity for a buyer seeking a substantial project. Situated in a picturesque semi-rural location near Llanelian and Colwyn Bay, the property offers a charming five-bedroom farmhouse with multiple outbuildings and extensive grounds. However, the property is clearly in need of significant renovation. The photographs show the house is in disrepair and the outbuildings require work. The cost of bringing the property up to standard would be substantial. While the location is desirable, offering a blend of peace and convenient access to amenities, potential buyers should carefully assess the renovation costs before making an offer. The substantial amount of land accompanying the property is a notable asset, adding significant value and potential for development, subject to obtaining necessary planning permissions. Buyers should conduct thorough due diligence before committing to such a significant investment. The price should be viewed in the context of the extensive renovation required. A comparative market analysis of similar properties in the area, accounting for their condition, is highly recommended.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
8
Bedrooms
5
Bathrooms
0
Sqft (est)
1,200.00

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 £
Est sale value
595,200.00 £
Increased by 69.28 %
from 351,600.00 £
Average area rental value
1,053.00 £/mo
Decreased by 6.32 %
from 1,124.00 £/mo
Est letting value
1,200.00 £/mo
Unchanged by 0.00 %
from 1,200.00 £/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 Establishment1.21 KM
Old Colwyn Junior C.P. SchoolWelsh Establishment1.68 KM
Ysgol Bod AlawWelsh Establishment1.71 KM
Eirias High SchoolWelsh Establishment1.88 KM
Ysgol T. Gwynn JonesWelsh Establishment3.23 KM

Images

IMG_0062.PNG TRADITIONAL OUTBUILDING 25.jpg IMG_0066.PNG IMG_0063.PNG SITUATION & DIRECTIONS DESCRIPTION TRADITIONAL OUTBUILDING MODERN OUTBUILDING OUTSIDE

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Colwyn Bay2451CWB2.86 KM
Glan Conwy2454GCW9.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
Llanelian, Colwyn Bay £ 725,000BUY6 / 100.64 KM
Bod Elian, Llanelian, Colwyn Bay £ 235,000BUY7 / 100.71 KM
Beal Avenue, Colwyn Bay, Conwy, LL29 £ 239,950BUYUnknown1.05 KM
Maes-y-Fron, Colwyn Bay £ 189,500BUY6 / 101.13 KM
Ffordd Fedwen, Colwyn Bay £ 169,950BUY5 / 101.14 KM

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11 Beal Avenue £ 115,0001.05 KM
25 Beal Avenue £ 169,5001.05 KM