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Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN - Image 1
Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN - Image 2
Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN - Image 3
Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN - Image 4
Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN - Image 5

Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN

Wales

£375,000
Listed on 22/05/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1399 sqft

Description

Bryncoedifor Cottage is a detached stone property boasting three bedrooms and notable architectural features, including distinctive chimney stacks that pay homage to its history as part of the Nannau Estate. The home offers substantial living space, enhanced by a converted barn that currently serves as an additional sitting room but has the potential to be transformed into a fourth bedroom or creative studio. While the interior presents opportunities for modernization, it possesses a solid foundation for a family home with ample off-road parking and both front and rear gardens. Located in the peaceful hamlet of Bryncoedifor, this property is just a short ten-minute drive from Dolgellau, providing access to essential amenities and local attractions. The layout consists of an entrance hallway leading to a generous sitting room, a second spacious sitting area, kitchen, dining room, and utility/shower room on the ground floor. Upstairs, you will find three well-proportioned bedrooms along with a bathroom. In addition to its living spaces, the property includes further outdoor structures such as a former pig sty that could offer additional storage or transformative development possibilities. With renovation work needed in several areas, this cottage holds significant investment potential for those looking to craft their ideal residence or capitalize on rental opportunities. This property invites early interest due to its unique character and promising prospects for future enhancement. Council Tax Band: F - £2,683.66. Tenure: Freehold.

Investment Analysis

(LL40 area)

Above Market Value

This property is priced +16.2% above area average per sq ft

+16.2%
This Property
£268/sq ft
Area Average
£231/sq ft

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£354,870
10% above area average per sq ft
Potential ROI
-24.3%
After renovation
Monthly Sales
5
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LL40)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -2.9%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LL40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN
Map showing location of Bryncoedifor Cottage, Bryncoedifor, Rhydymain, Dolgellau, LL40 2AN
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