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
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Metrics Year-on-Year
- Average area value
- 157,800.00 £Decreased by 53.84 %
- Average area rental value
- 832.00 £/moDecreased by 13.60 %
- Est rental Yield
- 6.33 %Increased by 87.28 %
- Crime Rate
- 25.00 %Unchanged by 0.00 %
Agent Activity
Sterling Estate Agents & Valuers created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rydal Penrhos | Welsh Establishment | 0.44 KM | |
| St Joseph'S R.C. Primary School | Welsh Establishment | 0.51 KM | |
| Ysgol Pen Y Bryn | Welsh Establishment | 1.31 KM | |
| Eirias High School | Welsh Establishment | 1.54 KM | |
| Ysgol Bod Alaw | Welsh Establishment | 1.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ellesmere Road | £ 0 | 0 | 0.00 KM |
| Ffordd Y Crëyr Glas | £ 356,559 | 0 | 0.00 KM |
| Ael Y Bryn Road | £ 549,000 | 0 | 0.00 KM |
| Alexandra Road | £ 162,450 | 0 | 0.00 KM |
| Stryd y Tryfan | £ 750,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colwyn Bay | 2451 | CWB | 0.51 KM |
| Glan Conwy | 2454 | GCW | 8.19 KM |
| Llandudno Junction | 2485 | LLJ | 8.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 19 Wynnstay Road, Colwyn Bay | £ 94,950 | BUY | 6 / 10 | 0.00 KM |
| Princes Drive, Colwyn Bay, Conwy, LL29 | £ 90,000 | BUY | 5 / 10 | 0.04 KM |
| Wynnstay Road, Colwyn Bay | £ 69,500 | BUY | 3 / 10 | 0.07 KM |
| Wynnstay Road, Colwyn Bay, Conwy, LL29 | £ 60,000 | BUY | 6 / 10 | 0.07 KM |
| Mostyn Road, Colwyn Bay | £ 89,950 | BUY | 7 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Princes Drive | £ 220,000 | 0.01 KM |
| 6 Wynnstay Road | £ 98,500 | 0.07 KM |
| 22 Wynnstay Road | £ 84,000 | 0.07 KM |
| 26c Wynnstay Road | £ 55,000 | 0.07 KM |
| 72 Conway Road | £ 23,000 | 0.16 KM |