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Wales Online
Wales Online
Steve Bagnall & Steven Smith

'Luxury' lifestyle of couple who have bought entire Welsh village and want to raise rents

A millionaire couple who bought an entire village in North Wales and want to put up rents for residents reportedly live a "luxury" life travelling around the world. The village of Aberllefenni, in Gwynedd, has been bought up by Chris and Lisa Walsh, of Walsh Investment Properties.

The deal consisted of 16 houses and cottages, some of which date back to the 16th Century. Some residents have reacted with anger that they plan to increase rents, but Walsh Investment Properties said "it's fair and reasonable to charge a market rent" and argued that most tenants had been charged a low rent for years, which was "not sustainable".

Last week North Wales Live reported how some residents were unhappy. Sara Lewis, 55, from Aberllefenni, said she had seen her rent increase by £200 each month after the former quarrymen’s home were sold. Now, a report by the Daily Mail has depicted the lifestyle of the Chris and Lisa Walsh.

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