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£1,175,000

Rowen, Conwy, LL32

  • 18 beds
House

£1,175,000

  • 18 beds
House
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Estimate monthly mortgage payment:

£5,364 per month

Minimum deposit amount:

£58,750
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This unique investment opportunity features 10 charming cottages nestled in a picturesque setting in the heart of the Conwy Valley. Situated close to the quaint village of Rowen and within the boundaries of Eryri National Park (Snowdonia). These cottages present an excellent chance for long-term residential investment with various options to increase value. The cottages have been recently renovated and maintained, offering a mix of one, two, and three-bedroom self-contained units. Each cottage is fully furnished and presented to a high standard. The portfolio includes: 4 one-bedroom, 4 two-bedroom and 2 three-bedroom cottages. All featuring double glazing and either electric or oil-fired central heating. The property boasts abundant car parking, 3 enclosed paddocks, a forested area, pond, garden, large yard, and additional outbuilding/stores. The additional outbuilding provides potential for conversion and further expansion of the portfolio, subject to obtaining relevant consents. This is a unique opportunity to acquire a high quality, well-maintained property portfolio in a sought-after location, offering significant income generation and the potential for expansion. Location The nearby village of Rowen has won the ‘Wales in Bloom’ competition on several occasions, has a fabulous Inn – the ‘Ty Gwyn’ which serves fine food and ales as well as a village café. At the northern end of the Conwy valley lies the historic coastal town of Conwy with its imposing castle, ramparts and walls, whilst at the southern end is the popular tourist destination of Betws Y Coed, hidden amongst the trees and home to the renowned Swallow Falls. On the outskirts of Betws Y Coed is the forest Zip World attraction. Just beyond Conwy is the A55 Expressway which provides a fast link to all the North Wales’ coastal towns, Chester and the main motorway network. The mainline train station at Llandudno Junction, provides a direct service to London in just under three hours and the Victorian resort of Llandudno serving as your main shopping destination.

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£5,364 per month
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Stamp Duty tax
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£58,750
Mortgage and legal costs:
£999
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