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Pen Y Bryn Road, Colwyn Bay, Conwy, LL29 - Image 1
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Pen Y Bryn Road, Colwyn Bay, Conwy, LL29

Wales

£495,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1372 sqft

Description

Nestled within a desirable section of Upper Colwyn Bay, this expansive 3-bedroom detached bungalow occupies approximately ¾ of an acre, offering not only captivating sea views but also significant redevelopment potential. The property comes with planning permission for the construction of two detached four-bedroom homes, marking it as a promising investment opportunity. Situated in an elevated position, its generous living areas and well-proportioned rooms provide a comfortable lifestyle while the expansive outdoor spaces are perfect for development or simply enjoying the scenic surroundings. The existing bungalow features an entrance hall leading to a spacious lounge with dual-aspect windows and a log-burning stove. A flexible study space adjacent to the lounge can serve multiple purposes. The kitchen is fitted with practical amenities such as mahogany-style cabinetry and a built-in six-ring gas hob, along with sea views that enhance its appeal. The three bedrooms offer ample size and storage options, while the family bathroom is equipped with essential fixtures. A sloping driveway provides access to ample parking space, while the rear garden offers open vistas towards the sea, creating an idyllic backdrop for outdoor leisure or future developments. Local amenities including shops, schools, and transport links are conveniently nearby, further enhancing its attractiveness as an investment property. With verbal approval for redevelopment pending final agreements on Section 106 conditions, this property presents a unique opportunity to either refurbish the existing home or embark on an exciting development project.

Investment Analysis

(LL29 area)

Above Market Value

This property is priced +69.7% above area average per sq ft

+69.7%
This Property
£361/sq ft
Area Average
£213/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£320,780
10% above area average per sq ft
Potential ROI
-45.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (LL29)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 2.9%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on LL29 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

Pen Y Bryn Road, Colwyn Bay, Conwy, LL29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE