Princes Street, Rhyl, LL18

Wales

£55,000

Listed on 28/12/2025

Property Details

Bedrooms

Type

Flat

Area

580 sqft

Description

This one-bedroom flat presents a promising opportunity for renovation enthusiasts or investors seeking to enhance their portfolio. The property features a generously sized lounge that benefits from abundant natural light, a separate kitchen with fitted units, and a bathroom equipped with both a bath and overhead shower. The double bedroom offers ample space and invites personal touches to make it truly your own. With gas central heating already installed, this flat is ready for modernization throughout, allowing for significant value addition. Its ideal location near local amenities and transport links further enhances its appeal as an investment with potential rental yields around £500 per calendar month, translating to an attractive yield of 6%–6.5%. Overall, this property stands as an excellent blank canvas waiting for the right vision to unlock its full potential.

Investment Analysis

(LL18 area)

Below Market Value

This property is priced -56.5% below area average per sq ft

-56.5%

Potential saving

This Property

£95/sq ft

Area Average

£218/sq ft

Avg Rent (weekly)

£167

Avg Yield

4.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£139,180

10% above area average per sq ft

Potential ROI

+74.0%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

17%

Properties sold annually

Local Market Trend (LL18)

Area prices are rising by +4.4% over the last 12 months

3 year growth: 4.9%

5 year growth: 22.1%

Investment Disclaimer: Analysis based on LL18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Princes Street, Rhyl, LL18

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments

£201

Based on a loan of £41,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.