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4 bedroom block of apartments for sale
Elwy Street, Rhyl, Denbighshire, LL18
£150,000
Elwy Street, Rhyl, Denbighshire, LL18
£150,000
Our Summary
- Possible development potential (subject to planning) to convert into an additional residential flat, refurbish and re-let
- Why This Investment | Key Selling Points * Freehold mixed-use block * 3 existing income-producing units * Development potential to convert the commercial unit into an additional flat (STPP) * Situated in a major regeneration area supported by ongoing local authority investment * Prime central location close to shops, transport and the beach * Strong rental demand in the area for both residential and commercial units * Flexible asset suitable for investors, developers or portfolio builders Location | Central Rhyl Regeneration Zone Elwy Street offers a highly convenient position with immediate access to: * Rhyl Town Centre - a short walk * Shops, supermarkets, leisure facilities & public services * Rhyl Train Station - ideal for commuters and tenants * Excellent local schools & childcare options * Rhyl's renowned sandy beach and promenade - moments away The majority of the town centre sits within a designated Conservation Area, recognised for its architectural and historic significance
- Rhyl remains the largest town centre in Denbighshire - approximately 26,000 residents - and continues to benefit from substantial regeneration projects including promenade improvements, town centre investment and tourism enhancements
- Summary This mixed-use freehold property offers immediate income potential, future development prospects and a prime position within an established seaside town currently undergoing significant transformation
- Excellent Investment Opportunity
- Excellent Potential
- Possible Development Potential (subject to planning)
Description
This freehold mixed-use property in Rhyl, Wales, offers a unique investment opportunity with immediate income potential and future development prospects. The property consists of one commercial unit and two self-contained residential flats, situated in the heart of a regeneration zone. The commercial unit has a flexible layout and potential for conversion into an additional residential flat, subject to planning permission. The two residential flats are fully self-contained, making the property ideal for mixed letting or future redevelopment. The location is prime, with easy access to Rhyl Town Centre, transport links, and local amenities, including the beach. The property benefits from strong rental demand in the area and is suitable for investors, developers, or portfolio builders. With its blend of residential and commercial units, long-term growth indicators, and prime position, this property presents a compelling acquisition for those looking to capitalize on the town's regeneration efforts.