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Marine Cottages, Barmouth LL42 3 bed flat for sale
Marine Cottages, Barmouth LL42
£210,000
Marine Cottages, Barmouth LL42
£210,000
Price History
Initial price | £230,000 |
04/06/25 | £210,000 |
Price Change | -8.70% |
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 the sought-after location of Barmouth. Flat 1, on the ground floor, features one bedroom, lounge, kitchen, and bathroom, and generates an annual gross income of £5,400. Flat 2, on the first and second floors, has three bedrooms, a large lounge, kitchen/dining room, and a three-piece bathroom, and has generated £15,000 in the past 12 months through holiday rentals 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 presents an excellent opportunity for investors seeking consistent, long-term returns, with the current tenants keen to remain in the property and no intentions of moving out.