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Marine Cottages, Barmouth LL42 3 bed flat for sale
Marine Cottages, Barmouth LL42
£192,000
Marine Cottages, Barmouth LL42
£192,000
Price History
Initial price | £230,000 |
04/06/25 | £210,000 |
24/06/25 | £192,000 |
Price Change | -16.52% |
Description
This property, originally a single large house, has been converted into two self-contained flats and a cellar, offering a strong investment opportunity in a sought-after location in Barmouth. Flat 1 is a one-bedroom property on the ground floor, while Flat 2 is a three-bedroom property on the first and second floors, 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 property currently produces an annual gross income of £25,650, making it a worthwhile addition to an investor's portfolio. The current tenants, who have resided in the property for several years, are keen to remain in the property, ensuring a smooth transition for the buyer.