19 Wynnstay Road, Colwyn Bay
ST

19 Wynnstay Road, Colwyn Bay

By Sterling Estate Agents & Valuers

£ 94,950

Reviews

3 out of 5 stars

Sterling Estate Agents & Valuers says ..

An INVESTMENT OPPORTUNITY in the town centre comprising a 2 BEDROOM MEWS STYLE COTTAGE. The property is currently under contract with Conwy County Borough Council for a period of 5 years from 20 September 2024 and at the time of writing LET at equiv £600 pcm. Updated and re-furbished the accommod...

Property Oracle says ..

This 2-bedroom mews-style cottage in Colwyn Bay, Wales, presents itself as an investment opportunity. Currently let under a five-year contract with Conwy County Borough Council (expiring 20 September 2024), the property boasts a recently updated interior, which is evident from the provided photographs. The cottage has been refurbished to a modern standard with light, neutral décor, new flooring, and a contemporary bathroom. The small garden is neatly maintained, adding to the property’s appeal. The property’s location in Colwyn Bay provides convenient access to the town centre, local amenities, schools (several primary and secondary schools are within a reasonable distance), and transport links, namely Colwyn Bay railway station. However, a complete and accurate valuation would require access to the property’s exact square footage, a detailed survey to assess the structural condition, and a deeper analysis of comparable properties in the area, particularly those with similar let agreements. The current rental income (£600 pcm) would be a key factor for any investor. The lack of detailed information limits a comprehensive market valuation. The property may attract buy-to-let investors, but the existing tenancy agreement could hinder those seeking immediate occupancy.

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
7
Location
7
Land
4
Bedrooms
2
Bathrooms
1

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 £
Average area rental value
832.00 £/mo
Decreased by 13.60 %
from 963.00 £/mo
Est rental Yield
6.33 %
Increased by 87.28 %
from 3.38 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Sterling Estate Agents & Valuers created the listing.

Nearby Schools

NameTypeOfstedDistance
Rydal PenrhosWelsh Establishment0.44 KM
St Joseph'S R.C. Primary SchoolWelsh Establishment0.51 KM
Ysgol Pen Y BrynWelsh Establishment1.31 KM
Eirias High SchoolWelsh Establishment1.54 KM
Ysgol Bod AlawWelsh Establishment1.57 KM

Images

19 Wynnstay IMG_20240927_145349.jpg 19 Wynnstay IMG_20240927_144850.jpg 19 Wynnstay IMG_20240927_145009.jpg 19 Wynnstay IMG_20240927_145642.jpg 19 Wynnsttay 1000000565.jpg 19 Wynnstay IMG_20240927_144836.jpg 19 Wynnstay IMG_20240927_145436.jpg 19 Wynnstay IMG_20240927_145447.jpg 19 Wynnstay IMG_20240927_145029.jpg 19 Wynnstay IMG_20240927_145409.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Ellesmere Road £ 000.00 KM
Ffordd Y Crëyr Glas £ 356,55900.00 KM
Ael Y Bryn Road £ 549,00000.00 KM
Alexandra Road £ 162,45000.00 KM
Stryd y Tryfan £ 750,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colwyn Bay2451CWB0.51 KM
Glan Conwy2454GCW8.19 KM
Llandudno Junction2485LLJ8.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
19 Wynnstay Road, Colwyn Bay £ 94,950BUY6 / 100.00 KM
Princes Drive, Colwyn Bay, Conwy, LL29 £ 90,000BUY5 / 100.04 KM
Wynnstay Road, Colwyn Bay £ 69,500BUY3 / 100.07 KM
Wynnstay Road, Colwyn Bay, Conwy, LL29 £ 60,000BUY6 / 100.07 KM
Mostyn Road, Colwyn Bay £ 89,950BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
17 Princes Drive £ 220,0000.01 KM
6 Wynnstay Road £ 98,5000.07 KM
22 Wynnstay Road £ 84,0000.07 KM
26c Wynnstay Road £ 55,0000.07 KM
72 Conway Road £ 23,0000.16 KM