Marine Road, Colwyn Bay
BR

Marine Road, Colwyn Bay

By Bryan Davies + Associates

£ 450,000

Reviews

2 out of 5 stars

Bryan Davies + Associates says ..

THIS SUBSTANTIAL 4 STOREY VICTORIAN DETACHED RESIDENCE SITS ON A GOOD SIZED PLOT CLOSE TO ALL COLWYN BAY AMENITIES AND WITHIN 300 YARDS OF COLWYN BAY PROMENEADE. THE PROPERTY HAS BEEN INFORMALLY CONVERTED OVER A NUMBER OF YEARS INTO 3 FLATS WITH THE POTENTIAL TO DEVELOP THE BASEMENT. ...

Property Oracle says ..

This substantial Victorian property located in Colwyn Bay, Wales, presents a unique opportunity. With nine bedrooms and four bathrooms, it has the potential to be a large family home, or it could offer investment potential through conversion into multiple units (suggested by the listing). The property’s proximity to the beach and local amenities is a definite plus. However, the photographs reveal a property that requires significant updating. Interior finishes and fixtures are dated. The kitchen and bathrooms particularly appear to be in need of modernisation. The property includes a small garden but does not seem to provide a significant amount of land given the overall size of the building. The list price requires a comprehensive comparison with similar properties in the area to determine its true value. Determining the property’s condition and value would benefit from a professional valuation. The lack of sufficient plot size information is a concern that needs resolving. Overall, this property’s substantial size and prime location make it an appealing purchase for someone willing to invest in modernisation and refurbishment. Buyers should conduct thorough due diligence before committing to a purchase at the asking price.

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
6
Condition
5
Location
7
Land
3
Bedrooms
9
Bathrooms
4
Sqft (est)
6,156.96

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
157,800.00 £
Decreased by 53.84 %
from 341,853.00 £
Est sale value
1,292,961.60 £
Decreased by 5.41 %
from 1,366,845.12 £
Average area rental value
832.00 £/mo
Decreased by 13.60 %
from 963.00 £/mo
Est letting value
6,156.96 £/mo
from 0.00 £/mo
Est rental Yield
6.33 %
Increased by 87.28 %
from 3.38 %
Crime Rate
28.00 %
Unchanged by 0.00 %
from 28.00 %

Agent Activity

  • Bryan Davies + Associates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S R.C. Primary SchoolWelsh Establishment0.29 KM
Rydal PenrhosWelsh Establishment0.32 KM
Ysgol Pen Y BrynWelsh Establishment1.24 KM
Eirias High SchoolWelsh Establishment1.81 KM
Ysgol Bod AlawWelsh Establishment1.83 KM

Images

marine road 6.jpg DUAL ASPECT LOUNGE DINING/ HALLWAY KITCHEN/ DINER BEDROOM 2 FRONT GARDEN DOUBLE ASPECT LOUNGE DUAL ASPECT GROUND FLOOR BEDROOM KITCHEN/DINER UTILITY GROUND FLOOR BEDROOM 2 SEPARATE WC BEDROOM 1 DOUBLE ASPECT LOUNGE DOUBLE BEDROOM 1 BEDROOM 2 EN-SUITE BATHROOM STUDY/ HOBBIES ROOM KITCHEN 3 PIECE SHOWER ROOM 2ND 3 PIECE SHOWER ROOM GARAGE

Nearby Streets

NameAverage PriceAverage SqftDistance
Ellesmere Road £ 000.00 KM
Alexandra Road £ 162,45000.00 KM
Ffordd Y Crëyr Glas £ 356,55900.00 KM
Ael Y Bryn Road £ 549,00000.00 KM
Green Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colwyn Bay2451CWB0.78 KM
Glan Conwy2454GCW8.00 KM
Llandudno Junction2485LLJ8.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Road, Colwyn Bay £ 450,000BUY5 / 100.00 KM
Marine Road, Colwyn Bay £ 425,000BUY6 / 100.06 KM
Marine Road, Colwyn Bay, Conwy, LL29 £ 400,000BUY6 / 100.07 KM
Princes Drive, COLWYN BAY, Clwyd, LL29 £ 145,000BUY5 / 100.07 KM
Princes Drive, Colwyn Bay, Conwy, LL29 £ 110,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
9 Marine Road £ 230,0000.07 KM
11 Marine Road £ 216,0000.07 KM
1 Marine Road £ 282,5000.07 KM
5 Sea Bank Road £ 250,0000.21 KM
6 Sea Bank Road £ 190,0000.21 KM