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Studio flat for sale
Studio Apartment - Rhosneigr
£102,000
Studio Apartment - Rhosneigr
£102,000
Our Summary
- Investment Opportunity: Luxury Apart-hotel Studio in Rhosneigr, Anglesey - Glan-Neigr ApartmentGlan-Neigr, Rhosneigr - Unit 12Apart-hotel Studio Apartment | Ground Floor | £102,000LAST REMAINING UNIT AVAILABLE
- Investment Opportunity:* 13% NET yield achievable on short-term lets* Strong year-on-year property growth in the area* Hands-off management available Don't miss out - this is the FINAL unit available in Glan-Neigr
Description
This is an investment opportunity to purchase a luxury apart-hotel studio apartment in Rhosneigr, Anglesey, for £102,000. The apartment is located on the ground floor and offers a stylish self-contained living space with a fitted kitchenette and modern en-suite. The development, Glan-Neigr, is a conversion of the historic Glan-Neigr Hotel and offers a range of amenities, including outdoor seating, individual beach huts, and communal laundry facilities. The apartment is expected to achieve a projected 13% NET rental yield and is ideal for short-term holiday lets. The development offers a 999-year lease with no ground rent and a 10-year build guarantee. The area is popular with tourists, with over 1.71 million visitors annually, and has a range of amenities, including bars, bistros, and restaurants. The apartment is a hands-off investment opportunity, with the option for fully managed letting available.