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£216,000
Bedrooms
Bathrooms
Investment Opportunity: Luxury Aparthotel in Rhosneigr, Anglesey - Glan-Neigr Apartment
Glan-Neigr, Rhosneigr - Unit 15
Aparthotel Apartment Second Floor 216,000
LAST REMAINING UNITS!
Key Highlights:
' Stylish self-contained hotel room - 54.4 sqm
' Second floor location
' Guide Price: 216,000
' Projected 13% NET rental yield achievable
' Ideal for short-term holiday lets
' 10-year build guarantee
' Beautiful conversion of the historic Glan-Neigr Hotel
' 999-year lease No ground rent
' Fitted kitchenette & modern en-suite
' Outdoor seating, individual beach huts, sea views & communal laundry facilities
' Hands-off, fully managed letting option available
' Expected Completion: December this year
About the Development:
Welcome to Glan-Neigr - a stunning new development in the heart of Rhosneigr, Angleseys most desirable coastal village.
This iconic former hotel and restaurant is being transformed by local developer Anglesey Homes into 16 stylish aparthotel suites.
' High-quality finishes
' Compact but smart layouts
' Private self-contained apartments
' Perfect for investors seeking strong yields, or for those looking for a coastal retreat with all the benefits of a managed investment.
About Rhosneigr:
Rhosneigr is one of Angleseys crown jewels - a vibrant seaside village famous for:
' Award-winning sandy beaches and water sports
' 1.71 million visitors annually boosting the local economy
' Popular bars, bistros, and restaurants
' Local golf course, fishing, and scenic Anglesey Coastal Path
' Easy connections to Holyhead, Llangefni, and Bangor
With Anglesey recently recording the highest house price growth in Wales and Rhosneigr being the most expensive postcode in Wales, this is both a lifestyle and investment hotspot.
Investment Opportunity:
' 13% NET yield achievable on short-term lets
' Strong year-on-year property growth in the area
' Hands-off management available
?? Dont miss out - these are the FINAL units available in Glan-Neigr!
Contact us today to arrange a viewing or secure your investment.
Tenure: Leasehold (999 years)
Ground Rent: 0 per year
Parking options: Off Street
Garden details: Communal Garden, Rear Garden
Map location is not available for this property.
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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