1 Bedroom Apartment

Elwy is delighted to offer for sale this fantastic first-floor apartment, ideally located in the heart of Abergele. Situated on the bustling High Street, the property benefits from immediate access to local amenities including shops, cafés, bars, and restaurants. Excellent transport links are close by, and both the beach and Abergele Park are within comfortable walking distance, making this an ideal home or investment.

Offered with no onward chain, this apartment is perfect for investors or anyone seeking a secure and conveniently located bolt-hole. The interior features a calm and contemporary décor, with fresh white walls and modern laminate flooring throughout. The spacious double bedroom offers a peaceful retreat, while the contemporary bathroom is fitted with a freestanding bath, striking tiles, a pedestal sink, and low-level WC - creating a stylish space to relax and unwind.

The highlight of the apartment is the generously sized reception room, which is flooded with natural light from three original sash windows. This bright and airy space has been cleverly designed to accommodate a fitted kitchen, dining area, and living space, making it ideal for both everyday living and entertaining.

Externally, a shared communal yard provides bin storage and a washing line, while a private metal shed which offers additional secure storage, perfect for bicycles. The small landing outside the apartment also presents an opportunity to create a charming potted garden, adding a personal touch of greenery to the entrance.

The property is leasehold, with a 999-year lease granted from 1st September 2006. A ground rent of £150 per annum is payable and reviewed each year on 1st September. The current annual service charge is £300, which includes building insurance and maintenance of the fire alarm system.

With an estimated rental income of £700 per calendar month, this property offers a potential gross yield of approximately 12%, making it a highly attractive proposition for investors.

Parking is available locally at Water Street Car Park (a short walk from the property)

Tenure: LEASEHOLD. NO CHAIN.

EPC Rating: D

Council Tax Band: A