1 bed flat for sale

Marine Cottage, Barmouth LL42

Originally a single large house, 1–3 Marine Cottages has been converted into two self-contained flats and a cellar, offering a strong investment opportunity in a sought-after location.

This three-bedroom property is situated in Barmouth, just a short walk from a range of valuable amenities. It presents an excellent opportunity for investors seeking consistent, long-term returns.

This is a brilliant opportunity for investors!

Flat 1 features one bedroom, a lounge, a kitchen, a three-piece bathroom, and a small entrance hallway.

Flat 2 offers two bedrooms, a lounge, a kitchen, and a three-piece bathroom. It is currently let year-round as a holiday rental via Airbnb.

Unit 3 is a cellar space with renovation potential. It could possibly be converted into a studio apartment, subject to planning permission and works

Investment Details:

The property generates an annual gross income of £5,400, which the new owner could increase to a market rate of £14,400 with tenants currently situated. The purchase price makes it a worthwhile addition to any investor's portfolio.

Please see the Let Property Pack linked below for more details on this property's investment potential.

Tenancy Details:

The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.