Studio for sale
Key information
Property description & features
- Tenure: Leasehold
- Popular Location
- Ideal for short term holiday lets
- • Excellent buy to let opportunity or owner occupier
- 10 Year build guarantee
Discover a rare and unique investment opportunity in the highly sought-after village of Rhosneigr, Anglesey, with the transformation of the established Glan-Neigr into 16 high-spec aparthotel studio/1 bed apartments. This development by a local developer offers a blend of luxury living and lucrative investment potential in a prime coastal location just a 5-minute walk from the beach.
Investment Highlights:
* Conversion and refurbishment of The Glan-Neigr Hotel
* Mixture of Studio and 1-bed apartments with fitted kitchenettes and en-suites
* Bar area on the ground floor for added convenience
* 999 Year Lease with no Ground Rent
* Prices from £80,000 plus VAT (£96,000)
* Outdoor seating area, individual beach huts, sea views, and communal washing machine station
* Short term lets allowed with estimated 13% NET rental yields achievable (fully managed and hands off option if preferred)
* Unlimited personal usage
Don't miss this opportunity to invest in the future of Rhosneigr's hospitality sector. Contact us today to secure your place in this exciting development and start your journey towards owning a premium apartment in one of Anglesey's most desirable locations.
Enquire now to receive the full sales pack including:
* Brochure
* Floor plans
* Holiday let projections
* Price list and availability
Tenure: Leasehold
Ground Rent: £0 per year
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Property reference GlanNeigr-Studio. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.
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Broadband availability and predicted speed: obtained from Ofcom on March 15, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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