8 bedroom block of apartments for sale

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8 bedroom block of apartments for sale

11 Woodland Road West, Colwyn Bay LL29 7DH
£260,000

Our Summary

  • For sale on 28 August 2025 Our national property auction will be broadcast online with live auctioneers
  • To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
  • The auction will commence at 09:00
  • A freehold investment opportunity comprising of a block of 3 large apartments
  • Planning permission to create parking to the front
  • Planning Ref- 0/49154 2x There beds and 1x Two bedroom
  • The properties are offered with vacant possession and are in general good order throughout making them ready to rent on either assured shorthold tenancies or offering potential as holiday / short term lets
  • Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
  • Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
  • Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
  • This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
  • Auction: 28

Description

A charming period building in the town center is being sold at auction, comprising of three spacious apartments, each with vacant possession. The property has been well maintained and offers a wealth of character. The apartments are situated on each floor, with the ground floor featuring a 3-bedroom apartment, the first floor featuring a 3-bedroom and a 2-bedroom apartment, and the second floor featuring a 2-bedroom apartment. The property has a great range of amenities nearby, including the sea front and train station. The estimated rental value is £31,800 per annum, with each apartment generating a rental income of £10,800, £10,200, and £9,600 respectively. The property is being sold freehold and has an EPC rating of D. The auction will take place online with live auctioneers, and interested buyers must submit their registration form by 5pm the day before the auction. The auction will commence at 9am, and a 5% deposit and 4.8% buyer's fee will be applicable.