Harper & Woods says ..

Property Oracle says ..

This property in Old Colwyn, Conwy, is a three-story building currently operating as a mixed-use property, incorporating a retail unit on the ground floor, and two separate two-bedroom apartments on the upper floors.

The location offers proximity to local amenities, schools, and transport links, although the immediate surrounding area appears to lack curb appeal. The proximity to the coast is a significant advantage for those valuing sea views and coastal lifestyle.

The interior photos reveal varied condition. Some areas, such as the modern kitchens, are in relatively good order. However, other areas are cluttered and show clear signs of needing renovation. The property requires significant cleaning and organization, and potential buyers should factor in these costs.

The exterior requires attention. The garden appears neglected and overgrown. The overall state of the external building and rear access requires significant attention and upkeep.

Given the current condition, the property would likely benefit from a thorough refurbishment to maximize its potential. The mixed-use nature of the building offers a potential rental income stream, although the ongoing maintenance requirements should be carefully considered. The price point needs justification given the condition and lack of garden space; a potential buyer should make a comprehensive assessment of the overall value proposition, including the projected return on investment for the required repairs and modernisation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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