Glan-Neigr - Anglesey

Glan-Neigr - Anglesey

Glan Neigr presents a rare opportunity to invest in a high-spec aparthotel in the heart of the popular village of Rhosneigr, Anglesey. The established Glan Neigr Hotel & Restaurant is being transformed by local developer Anglesey Homes into 16 luxurious studio and 1-bedroom aparthotel units.

Why Invest in Glan Neigr?

• Prime Location: Just a 5-minute walk from the beach, these aparthotel units offer stunning sea views (from certain units) and are perfect for holidaymakers seeking a luxurious seaside escape.

• Strong Rental Potential: With short-term lets allowed and estimated average nightly rates of £80-£125 per night, you can expect a healthy 13% NET rental yield.

• Hassle-Free Management: The proposed management company, Guestz, has a proven track record in the area and will handle bookings and guest services, allowing you to sit back and collect rental income.

• Added Perks: A communal washing machine station is already in place, and each apartment comes with a dedicated beach hut and white goods included.

• Peace of Mind: Anglesey Homes is a reputable local developer with a successful history in the Rhosneigr area. The units come with a 10-year warranty, and Anglesey Council has advised these will be classified as business rates, avoiding high domestic council tax.

Studios From: £80,000

1-Beds From: £175,000

Purchase Structure:

Back-to-back completion – buyers will complete on the site at 85% of the purchase price with the developer (Anglesey Homes) who has an option on the building with the current owner. A further 7.5% of the purchase price is due once building works have commenced. Refurbishment works are then completed and the final 7.5% is then payable.

Payment Plan:

£3,000 deposit

85% of the purchase price minus the deposit

7.5% due on build commencement

7.5% due on build completion