Originally a single large house, 1, 2 & 3 Marine Cottages consist of two self-contained flats and a cellar, offering a strong investment opportunity in a sought-after location.

This property is situated in Barmouth, just a short walk from a range of valuable amenities. It presents an excellent opportunity for investors seeking consistent, long-term returns.

This is a brilliant opportunity for investors!

Flat 1 (ground floor) offers a private entrance and features one bedroom, lounge, kitchen, bathroom, and a small entrance hallway.

Flat 2 (1st and 2nd floor) offers a private entrance and features three bedrooms (2 doubles and one twin), a large lounge, kitchen/dining room and a three-piece bathroom with bath and shower. It is currently let year-round as a holiday rental via Airbnb.

Unit 3 is a cellar space with renovation potential. It could possibly be converted into a studio apartment, subject to planning permission and works

Investment Details:

The portfolio currently produces an annual gross income of £25,650 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

Please see the Let Property Pack linked below for more details on this property's investment potential.

Tenancy Details:

The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Let Property was founded in 2021 as an innovative new solution to facilitate property sales between Landlords. It has grown to become the UK’s leading investment sales agency and now offers a full service to investors allowing them to access Management, Legal and Finance service through a single point of contact service. Let Property has grown to provide the best possible solution to a long standing issue where landlords have always struggled or been unable to sell a property with a sitting tenant. Let Property provides you with access to a powerful network of both buyers and sellers based on whether you are looking to sell your property with a sitting tenant or begin investing into lucrative properties across the UK. And it’s more of an advantage to the sellers to sell through Let Property because we have direct access to the best pre-vetted buyers allowing for a quicker sale and at a higher price. With thousands of landlords entering the market every single year, Let Property acts as the leading solution to assist those new or established investors on their property investment journey by providing specialist support from our team of well trained investment consultants. Our unique approach to investment property agency has worked and you can see the success that we have achieved for our clients by viewing the sold listings on our website.

3 bedroom flat for sale

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