Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £32,500. 

Elwy are pleased to market for sale a well positioned one bedroom, second-floor flat in Rhyl. Close to local amenities, transport links, and within walking distance of the beach.

Occupying the top floor of a Grade II listed building which has recently undergone a scheme of sympathetic renovation, the flat features an open-plan kitchen and living area with views over St Thomas Church, a spacious double bedroom, and a bathroom.

The communal areas are fitted with emergency lights, fire doors and a fire alarm system. 

The property is currently let to a long-term tenant, generating a rental income of £420 per month, offering a potential yield of over 12% — an excellent opportunity for investors looking for strong returns.

This is an ideal investment opportunity, providing immediate rental income with the potential for long-term growth.

Tenure: Leasehold. NO CHAIN.

Lease Details: 125 Years. Granted 1st January 2007

Ground Rent: £125 Per Annum

Service Fees: £1,386.67 Per Annum (from 1st Jan 2025 - 31st De 2025) Payable in 2 x 6 monthly installments

EPC Rating: TBC

Council Tax Band: A

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Entrance
Original communal wooden door. Stairs to the second floor. Wooden flat door opening into:

Hallway (2.49 x 0.89 m - 8′2″ x 2′11″ ft)
Small hallway with doors off to bedroom and bathroom. Split level with stairs leading to living room/kitchen.

Kitchen/Living Room (6.10 x 5.46 m - 20′0″ x 17′11″ ft)
Spacious room with two timber frame windows overlooking St. Thomas church to the front. Fitted with a range of wall, base and drawer units with worksurface over. Stainless steel sink and drainer with mixer tap. Void and plumbing for washing machine. Void for freestanding cooker. Tiled splash back. Wall mounted Worcester Greenstar 30CDi combi. Power points. Part vinyl flooring. Radiator.

Bedroom (3.87 x 2.35 m - 12′8″ x 7′9″ ft)
Double bedroom with timber frame window overlooking the rear of the property. Radiator. Power points.

Bathroom (2.85 x 1.60 m - 9′4″ x 5′3″ ft)
Three piece bathroom suite comprising panel bath, low level flush WC and pedestal sink. Electric shower over bath. Part tiled walls. Tiled floor. Radiator.

Building Details
Grade II listed building. Ground rent and leasehold fees are payable to Urban Point Management Company.

Agent Note
Services & Appliances: Unless stated, it is believed the property is connected to mains gas, electric, water and sewerage. We recommend you confirm this prior to any offer being considered. Please note that no appliances or fixtures are tested by the agent.


.

Features