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£1,300,000

Rowen, Conwy, LL32

  • 18 beds
Other

£1,300,000

  • 18 beds
Other
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Estimate monthly mortgage payment:

£5,935 per month

Minimum deposit amount:

£65,000
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This exceptional investment opportunity features a charming portfolio of ten cottages nestled in a picturesque courtyard setting in the heart of the Conwy Valley. Situated close to the quaint village of Rowen and within the boundaries of Eryri National Park (Snowdonia), these appealing cottages were originally converted from farm buildings associated with the nearby Gwern Borter Manor. These cottages present an excellent chance for long-term residential investment or a lucrative opportunity for holiday accommodation, catering to the thriving local tourism industry. The ten cottages have been recently renovated and maintained, offering a mix of one, two, and three bedroom self-contained units. Each cottage is fully furnished and presented to a high standard, with the exception of Farriers Cottage which is currently un-furnished. The portfolio includes: 2 three-bedroom cottages, 4 two-bedroom cottages and 4 one-bedroom cottages. All cottages feature double glazing and are equipped with either electric or oil-fired central heating. The property boasts abundant car parking, 3 enclosed paddocks, a forested area, pond, garden, driveway, and additional outbuildings/stores. The additional outbuilding provides ample potential for conversion and further expansion of the portfolio, subject to obtaining relevant consents. This is a unique opportunity to acquire a well-maintained, high-quality portfolio of cottages in a sought-after location with significant potential for both residential and holiday accommodation. Location The nearby village of Rowen has won the ‘Wales in Bloom’ competition on several occasions, has a fabulous Inn – the ‘Ty Gwyn’ which serves fine food and ales as well as a village café. At the northern end of the Conwy valley lies the historic coastal town of Conwy with its imposing castle, ramparts and walls, whilst at the southern end is the popular tourist destination of Betws Y Coed, hidden amongst the trees and home to the renowned Swallow Falls. On the outskirts of Betws Y Coed is the forest Zip World attraction. Just beyond Conwy is the A55 Expressway which provides a fast link to all the North Wales’ coastal towns, Chester and the main motorway network. The mainline train station at Llandudno Junction, provides a direct service to London in just under three hours and the Victorian resort of Llandudno serving as your main shopping destination.

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£5,935 per month
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Stamp Duty tax
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£71,250
Mortgage and legal costs:
£999
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