What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£4,606
ROCE9%
Yield3%
Purchase £ £TBC
Property description
Strategy: Serviced Accommodation
Turnkey 1-Bed SA/ Holiday Let - Conwy, North Wales
This 1-bedroom cottage in the centre of Deganwy offers the opportunity to purchase an established serviced accommodation property in a popular North Wales coastal location. The property is currently operating as a holiday let and can be purchased as a turnkey investment, including furnishings.
The cottage benefits from views across the Conwy Estuary, Marina, Conwy Castle and surrounding mountains, alongside a private roof terrace accessed from the bedroom.
Property features:
- 1 bedroom cottage
- Living room, kitchen, shower room and storage area
- Private roof terrace with views
- Freehold property
- Existing holiday let use with income history
- Option to purchase fully furnished
Location highlights:
- Deganwy is located between Llandudno and Conwy, with nearby attractions including:
- Deganwy Marina
- Conwy Castle
- Llandudno seafront
- Wales Coast Path
- Deganwy train station and A55 access
The area attracts visitors year-round, making this a potential option for investors seeking a serviced accommodation property with immediate income potential.
Financials (Based on 72% Occupancy)
▪ Purchase price: £140,000
▪ Annual profit: £4,606
▪ Annual rent: £30,500
▪ ROCE: 9%
▪ Yield: 3%
▪ Gross revenue pa: £30,500
▪ Gross revenue pcm: £2,542
▪ Monthly NET: £383.79
▪ Gross yield: 22%
▪ Sourcing fee: £4,000
Sourced reference: 167234423161584
Due diligence
No information supplied.
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£4,606
ROCE9%
Yield3%
Purchase £ £TBC
Sales Agent
Dan Ellis-Forrest
Everlong Property Group Limited
Smart support to move your deal forward
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network