Fletcher & Poole says ..
A unique opportunity to purchase a detached property occupying a good size plot of land which has been converted into three completely fully self-contained apartments all with their own entrances. The property has undergone an extensive programme of refurbishment internally with new heating syste...
Property Oracle says ..
This property in Colwyn Bay, Wales, presents a unique opportunity as a six-bedroom house divided into three self-contained flats. Its location offers access to local amenities, including schools and the Colwyn Bay train station. However, additional research into Lawson Road’s specific location within Colwyn Bay may be necessary. The property’s condition is mixed; some areas have recently been renovated (kitchens and bathrooms) showing modern updates. While others, namely the living spaces appear to be in need of significant refurbishment work before being brought up to a reasonable standard. A buyer must factor in the cost of renovations to these areas. The exterior appears well maintained. The land associated with the property is not substantial, consisting mostly of a yard that requires some work. The property’s list price of £319,950 appears relatively reasonable when considered against similar properties in the area, but it’s crucial to carefully evaluate the necessary renovation costs before making a purchasing decision. The overall value proposition lies in the potential for rental income from the three self-contained flats, provided that the renovations are completed. Buyers should be ready to factor in these costs before entering into any such arrangement.
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
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft (est)
- 1,100.00
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
- 202,970.00 £Decreased by 7.36 %
- Est sale value
- 265,100.00 £Increased by 21.11 %
- Average area rental value
- 755.00 £/moIncreased by 11.85 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.46 %Increased by 20.54 %
- Crime Rate
- 50.00 %Unchanged by 0.00 %
Agent Activity
Fletcher & Poole marked this listing as sold.
Fletcher & Poole created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Eirias High School | Welsh Establishment | 0.34 KM | |
| Ysgol Bod Alaw | Welsh Establishment | 0.53 KM | |
| Rydal Penrhos | Welsh Establishment | 1.53 KM | |
| St Joseph'S R.C. Primary School | Welsh Establishment | 1.68 KM | |
| Ysgol Bryn Elian | Welsh Establishment | 1.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Dingle | £ 152,450 | 0 | 0.00 KM |
| Groes Road | £ 716,650 | 0 | 0.00 KM |
| Bryn Eirias Close | £ 0 | 0 | 0.00 KM |
| Devil's Bridge | £ 599,975 | 0 | 0.00 KM |
| Gerddi Derw | £ 137,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colwyn Bay | 2451 | CWB | 0.72 KM |
| Glan Conwy | 2454 | GCW | 9.06 KM |
| Llandudno Junction | 2485 | LLJ | 9.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lawson Road, Colwyn Bay, Conwy, LL29 | £ 90,000 | BUY | Unknown | 0.02 KM |
| Greenfield Road, Colwyn Bay | £ 159,950 | BUY | 4 / 10 | 0.08 KM |
| Erskine Road, Colwyn Bay, Conwy, LL29 | £ 150,000 | BUY | Unknown | 0.14 KM |
| Erskine Road, Colwyn Bay, Conwy, LL29 | £ 140,000 | BUY | Unknown | 0.14 KM |
| Erskine Road, Colwyn Bay | £ 310,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22 Lawson Road | £ 160,000 | 0.01 KM |
| 24 Lawson Road | £ 235,000 | 0.02 KM |
| 38 Lawson Road | £ 180,000 | 0.04 KM |
| 46 Lawson Road | £ 135,000 | 0.04 KM |
| 36 Lawson Road | £ 230,000 | 0.04 KM |