3 bed flat

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3 bed flat

Marine Cottage, Barmouth LL42
£188,160

Price History

Initial price £230,000
04/06/25 £210,000
24/06/25 £192,000
31/10/25 £188,160
Price Change -18.19%

Description

This property, consisting of two self-contained flats and a cellar, offers a strong investment opportunity in a sought-after location in Barmouth. Flat 1, on the ground floor, has one bedroom, lounge, kitchen, bathroom, and entrance hallway, while Flat 2, on the first and second floors, has three bedrooms, a large lounge, kitchen/dining room, and a three-piece bathroom, currently let year-round as a holiday rental via Airbnb. The cellar space, Unit 3, has renovation potential and could be converted into a studio apartment, subject to planning permission and works. The portfolio currently produces an annual gross income of £25,650, making it a worthwhile addition to an investor's property portfolio. The current tenants, who have resided in the property for several years, are keen to remain and have consistently paid their rent, ensuring a smooth transition for the new buyer.