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Dinas Mawddwy, Machynlleth, Gwynedd, SY20 - Image 1
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Dinas Mawddwy, Machynlleth, Gwynedd, SY20

Wales

£175,000
Listed on 18/07/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled in the serene Cywarch Valley, this property presents a compelling opportunity for renovation and investment. Located just a mile from the charming village of Dinas Mawddwy, it is surrounded by picturesque hills and mountains, making it an ideal setting for those seeking tranquility within Snowdonia National Park. The main structure, a disused chapel, is poised for transformation with approved planning permission to convert it into a one-bedroom residence. The proposed layout includes a kitchen, lounge area, and an attached garden room, as well as a mezzanine bedroom that takes advantage of the chapel's impressive pitched roof. This thoughtful design can create a cozy hideaway that embodies both character and modern living. In addition to the chapel, the property encompasses approximately 0.4 acres of level land, providing extensive outdoor space and further development potential. With double coach gates already in place, accessibility is easy, allowing for ample parking options. The location has been evaluated for its investment potential with insights suggesting annual rental income ranging from £80,000 to £90,000 through holiday letting avenues. Sustainability considerations have also been factored into the planning process with proposals for eco-friendly heating via a ground source heat pump and water sourced from a borehole complete with necessary treatment infrastructure. While some might find the remote setting challenging due to limited mobile signal availability in the valley, high-speed broadband connectivity has already been established nearby—providing essential internet access without compromising on rural charm. The building itself features stone construction under a slated roof for durability and character. An additional outbuilding offers flexible use options given its substantial post-and-corrugated construction. Planning approvals grant significant clarity on future development possibilities; however, prospective buyers should note that contributions to Snowdonia National Park Authority are required before commencing work. Flood risk assessments indicate low risk levels from various sources—a reassuring factor when considering long-term investments. This unique property invites those with vision and enthusiasm to breathe new life into its historic walls while capitalizing on its idyllic location and promising rental market.

Investment Analysis

(SY20 area)
Area Average
£233/sq ft

Renovation Potential

Est. Renovation Cost
£17,500 - £43,750
10-25% of property value
Monthly Sales
6
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY20)

Area prices are falling by +5.6% over the last 12 months
3 year growth: -7.3%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on SY20 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

Dinas Mawddwy, Machynlleth, Gwynedd, SY20
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