Though this photo, taken in bad light through bare trees, isn't a great example, this view is internationally-renowned, appearing in paintings, postcards and photographs for over a century.
The better-known viewpoint is on the other bank, just visible at the lower left of this image. It's paved and accessed via steps from a designated car park – if one is prepared to pay an admission charge. I strongly believe no person can own or justifiably exploit a natural feature for private commercial gain*, so I wouldn't dream of visiting that side.
Besides, it's near-universally acknowledged that this view from the northern bank is superior, even if it is only accessible via a currently-unpublicised rough (but entirely public) footpath.
At one time, locals would have disagreed with my opinion, as the Falls were the property of Betws-y-Coed Parish Council from 1913, when they were given to the council by the second Lord Ancaster, until local authority reorganisation in 1974. By charging visitors for admission, the council managed to repay £15,000 spent on bringing mains water and electricity supplies to the village, then went on to impose the lowest rates (local taxes, payable by residents) in Wales.
*: Unless there's substantial added value in the form of artificially-improved access, as in Ingleton, and even then I only think it's reasonable to pay for that work and maintenance, with no premium for the natural feature itself. Coincidentally, the one time I've had a near-violent argument with a self-proclaimed 'owner' about this was at Ffos Noddum ('Fairy Glen'), a few kilometres from Swallow Falls.
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