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£275,000
Bedrooms
Bathrooms
Reception
Flat 1 Waverley House, The Swell, High Street, Rhosneigr, LL64 5UX
Price: 275,000
Key Features:
' Sought-after coastal location - just 650 yards from award-winning Llydan Beach
' 1.4 miles from Porth Nobla Beach & 26.7 miles to Snowdon
' Private off-road parking
' Freehold - no service charge
' Fully furnished (furniture included, except a few items of wall art)
' 2-bedrooms, open-plan lounge/kitchen
' Bathroom with bath & shower over
' Proven short-term rental income - 38k in 10 months with 51% occupancy
' Projected income of 46k+ with 60%+ occupancy
' 1.2 miles from Anglesey Airport
Property Description:
Welcome to Flat 1 Waverley House, a stylish ground floor apartment in the prestigious Swell development right in the heart of Rhosneigr - one of Angleseys most desirable seaside villages.
This beautifully presented two-bedroom property offers the perfect blend of modern comfort and coastal charm. The open-plan lounge/kitchen provides a bright, welcoming space, fully fitted with an oven, fridge, and plenty of seating. The bathroom features a bath with shower over, making it ideal for both holidaymakers and longer stays.
Off-road private parking is included - a rare find in such a central location.
Just 650 yards from Llydan Beach, 1.4 miles from Porth Nobla Beach, and within easy reach of Snowdonia National Park, this apartment is perfectly positioned for beach lovers, walkers, and water sports enthusiasts. Anglesey Airport is just 1.2 miles away, making it easily accessible for weekend breaks or holiday guests.
Investment Opportunity:
Already operating as a successful short-term let, this apartment generated 38,000 in just 10 months at 51% occupancy (owner use restricted availability). With increased availability, projections suggest 46,000+ annual revenue at 60% occupancy or more.
With no service charge, strong year-round demand, and the sale including all furniture, this is an exceptional turnkey investment.
Contact Residential Estates to arrange a viewing.
Tenure: Leasehold (999 years)
Ground Rent: 280 per year
Service Charge: 1,000 per year
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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