A well presented two bedroom mid terrace property situated within a moments walk of Abergele town centre. An attractive rental investment with a potential return of 6.5%!! NO ONWARD CHAIN!!
Council Tax Band
B – Average £1,308.09
The property comprises a double-glazed composite door opening in to an entrance hall, a spacious lounge with coved ceilings, open fireplace and a useful under stair storage cupboard, a large dining / second reception room offering open an plan feel into kitchen onto a modern kitchen with a range of wall and floor mounted units while offering ample room for free standing kitchen appliances, access to a court yard style rear garden from a uPVC double glazed door in the kitchen.
The first floor comprises a primary bedroom overlooking the front aspect of the property, a second bedroom looking onto the rear garden and a partially tiled bathroom with tiled flooring and electric above bath shower.
The property also benefits from gas central heating via a ‘Glow Worm’ combi boiler, double glazing throughout and a low maintenance courtyard rear garden ideal for outdoor entertaining.
The property has recently undergone some cosmetic rejuvenation that includes a complete decorative overhaul, new carpets throughout and an upgrade of the electrics.
A key feature of the property would be its location. Situated on New Street, a quiet residential road and is surrounded by property of a similar build. The property is within a moments walk of Abergele town centre offering a wide range of local shops, gastro pubs, cafes and other local amenities along with easy access to the local infant, primary and secondary school, the award winning Pensarn beach, Pentre Mawr Parc, Abergele Golf Club, Tan y Gopa Woodlands for those looking to spend their day exploring walking routes, and the now world famous ‘I’m a celeb’ Grwych Castle. If you are looking to commute along the North Wales Coast the A55 is only a few minutes’ drive away!
Potential Rental Investmet
This property presents as an attractive rental investment with a potential yield return of 6.5%. This calculation is based on an asking price offer of £105,000 with a monthly rental income of £575.
3.71m x 2.92m (12’2 x 9’7)
3.96m x 3.73m (13′ x 12’3)
2.77m x 2.72m (9’1 x 8’11)
3.96m x 3.66m (13′ x 12′)
3.76m x 1.83m (12’4 x 6′)
3.76m x 2.13m (12’4 x 7′)
Abergele is a small market town, situated on the North Wales Coast between the holiday resorts of Colwyn Bay and Rhyl, in the Conwy County Borough. Its northern suburb of Pensarn lies on the Irish Sea coast and is known for its beach, where it is claimed by some that a ghost ship has been sighted. Abergele and Pensarn railway station serves both resorts.
Abergele lies just off the A55 and is well known for Gwrych Castle. The town is surrounded by woodland covered hillsides, which contain caves where you can find the rare Lesser Horseshoe Bat. The highest hill is Moelfre Isaf (1040 ft) to the south of the town. There are also outstanding views from Cefn-yr-Ogof, Tower Hill and Castell Cawr (known locally as Tan-y-Gopa). Castell Cawr is an Iron age hillfort, one of several in the area.
Abergele (including Pensarn) has a population of around 10,000 and is part of the Abergele/Rhyl/Prestatyn urban area with a population of 64,000. Approximately 29% of Abergele has a significant knowledge of Welsh. The town also has satellite villages such as Saint George, Betws yn Rhos, Rhyd-y-foel, Belgrano, Llanddulas and Llanfair Talhaiarn. (Source: Wikipedia Oct’19)
Prys Jones & Booth
Prys Jones and Booth, Chartered Surveyors and Estate Agents are an independent company in Abergele offering considerable experience in all aspects of Residential and Commercial Property. Whilst based principally in Abergele, we operate throughout North Wales, including the towns of Rhyl, Colwyn Bay, Llanddulas, Llanfair TH, Prestatyn, St Asaph, Towyn, Kinmel Bay, Llandudno and other surrounding areas.
Prys Jones & Booth, Chartered Surveyors and Estate Agents were founded in 1974 and have been a mainstay on the Abergele high street ever since.
David Prys Jones FRICS and Iwan Prys Jones Bsc. PGDM, MRICS are full members of the RICS with specialist expertise in professional home surveys, commercial property surveys / valuations. Please contact us today to discuss our competitive fees.
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