7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Fernbrook Road, Penmaenmawr, Gwynedd LL34
£270,000

Our Summary

  • Previously used as a HMO, it offers potential for up to seven characterful apartments, with gated access, versatile layout and off-road parking
  • A unique opportunity has arisen to secure this impressive investment opportunity set within a vibrant coastal area offering panoramic sea views and easy access to the shoreline
  • This characterful residence spans four floors and features a flexible internal layout with potential for up to seven self-contained apartments
  • The top floor includes loft rooms offering potential for conversion, subject to the necessary planning permissions
  • This property offers immense flexibility for investors seeking an income-producing asset with development potential in a sought-after coastal setting
  • Early viewing is strongly encouraged to appreciate the potential this opportunity represents
  • Investment opportunity with potential for up to seven individual apartments
  • Office room and loft space with potential for further conversion (subject to consent)

Description

This rare investment opportunity presents a substantial coastal property with sea views, previously used as a HMO, offering potential for up to seven characterful apartments. The property features a versatile layout, gated access, and off-road parking, making it an attractive prospect for investors seeking an income-producing asset with development potential. Located in a vibrant coastal area, the property is within walking distance of a sandy beach, scenic promenade, and local amenities, with excellent transport links to nearby towns. The property's flexible internal layout, with some units currently occupied and others offering vacant possession, provides a ready-made income-generating opportunity. With its unique combination of character, potential, and coastal location, this property is a rare find for investors seeking a secure and profitable investment.