3 bed flat

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3 bed flat

Marine Cottage, Barmouth LL42
£188,000

Price History

Initial price £230,000
04/06/25 £210,000
24/06/25 £192,000
31/10/25 £188,160
26/11/25 £188,000
Price Change -18.26%

Description

This property, consisting of two self-contained flats and a cellar, offers a strong investment opportunity in the sought-after location of Barmouth. The ground-floor flat has one bedroom, lounge, kitchen, bathroom, and entrance hallway, while the first-floor flat has three bedrooms, a large lounge, kitchen/dining room, and a bathroom with bath and shower, currently let year-round as a holiday rental via Airbnb. The cellar space has renovation potential and could be converted into a studio apartment, subject to planning permission and works. The property currently produces an annual gross income of £25,650, making it a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents and are keen to remain in the property, ensuring a smooth transition for the new owner.