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1 bedroom apartment for sale
1-bed Apartment - Rhosneigr
£175,000
1-bed Apartment - Rhosneigr
£175,000
Our Summary
- Investment Opportunity in Rhosneigr, Anglesey - Glan-Neigr ApartmentsDiscover a rare and unique investment opportunity in the highly sought-after village of Rhosneigr, Anglesey, with the transformation of the established Glan-Neigr into 16 high-spec aparthotel studio/1 bed apartments
- This development by a local developer offers a blend of luxury living and lucrative investment potential in a prime coastal location just a 5-minute walk from the beach
Description
Investors are presented with a unique opportunity to invest in the transformation of the established Glan-Neigr hotel in the highly sought-after village of Rhosneigr, Anglesey. The development offers 16 high-spec apartments, ranging from studio to 1-bed configurations, with fitted kitchenettes and en-suites. Amenities include a bar area on the ground floor, outdoor seating area, individual beach huts, sea views, and a communal washing machine station. The apartments are available for purchase with prices starting from £175,000 plus VAT, and short term lets are allowed with estimated 13% NET rental yields achievable. The development offers a 999-year lease with no ground rent, and buyers can enjoy unlimited personal usage.