Worst House on the Street Logo
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 1
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 2
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 3
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 4
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 5
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 6
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 7
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 8
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 9
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 10
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 11
Elwy Street, Rhyl, Denbighshire, LL18 1BP - Image 12

Elwy Street, Rhyl, Denbighshire, LL18 1BP

Wales

£165,000

Listed on 25/06/2026

Property Details

Bedrooms
3
Type
Mixed Use
Area
2109 sqft

Description

This mixed-use terraced property presents a compelling investment opportunity, featuring commercial space on the ground floor and residential flats above. Located conveniently near Rhyl's town centre, it boasts easy access to local amenities and the picturesque seafront. The property consists of a vacant ground floor shop with a ratable value of £2,475, and two self-contained flats - one planned to be vacant soon. With a total of three bedrooms across both flats, this structure offers significant potential for rental income estimated at £13,500 annually. While the building currently presents a functional layout, it would greatly benefit from modernisation to maximise its full investment potential. Additional features include privately owned solar panels and a CCTV system for enhanced security, making this property an attractive proposition for investors seeking to enhance their portfolio with promising rental yields.

Investment Analysis

(LL18 area)

Below Market Value

This property is priced -64.1% below area average per sq ft

-64.1%
Potential saving
This Property
£78/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£505,738
10% above area average per sq ft
Potential ROI
+135.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LL18)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.1%
5 year growth: +12.0%
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

Elwy Street, Rhyl, Denbighshire, LL18 1BP
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.