1-Bed SA - Conwy

Turnkey 1-Bed SA/ Holiday Let - Conwy, North Wales

This 1-bedroom cottage in the centre of Deganwy offers the opportunity to purchase an established serviced accommodation property in a popular North Wales coastal location. The property is currently operating as a holiday let and can be purchased as a turnkey investment, including furnishings.

The cottage benefits from views across the Conwy Estuary, Marina, Conwy Castle and surrounding mountains, alongside a private roof terrace accessed from the bedroom.

Property features:
- 1 bedroom cottage
- Living room, kitchen, shower room and storage area
- Private roof terrace with views
- Freehold property
- Existing holiday let use with income history
- Option to purchase fully furnished

Location highlights:
- Deganwy is located between Llandudno and Conwy, with nearby attractions including:
- Deganwy Marina
- Conwy Castle
- Llandudno seafront
- Wales Coast Path
- Deganwy train station and A55 access

The area attracts visitors year-round, making this a potential option for investors seeking a serviced accommodation property with immediate income potential.

Financials (Based on 72% Occupancy)
▪ Purchase price: £140,000
▪ Annual profit: £4,606
▪ Annual rent: £30,500
▪ ROCE: 9%
▪ Yield: 3%

▪ Gross revenue pa: £30,500
▪ Gross revenue pcm: £2,542
▪ Monthly NET: £383.79
▪ Gross yield: 22%
▪ Sourcing fee: £4,000