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Queensway, Liddell Park, Llandudno

Wales

£235,000
Listed on 27/07/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This semi-detached three-bedroom home, situated in a quiet cul-de-sac within the sought-after Liddell Park development, presents a compelling opportunity for renovation and investment. While it currently requires modernization, its solid structure and spacious layout offer a strong foundation for transformation into a contemporary family residence. As you enter, you'll find a hallway leading to a variety of living spaces. The lounge and dining area forms an L-shaped configuration that provides ample room for relaxation and gatherings. Large sliding doors allow natural light to fill the space and offer easy access to the rear garden, enhancing the potential for indoor-outdoor living. The kitchen, though in need of updating, includes fitted wooden cabinetry and essential appliances, making it a blank canvas for culinary enthusiasts. Upstairs, the property accommodates three well-proportioned bedrooms that can be reimagined to suit various lifestyle needs. The main bedroom benefits from good natural light, while the second features built-in wardrobes, maximizing storage options. A separate bathroom provides fundamental amenities but also awaits the touch of modern design. Outdoors, the front garden is adorned with mature shrubs and trees, while the shared driveway leads to an attached garage, providing convenient off-street parking. The rear garden offers further potential with its lawned area and paved patio—perfect for creating an inviting outdoor space. The property holds a leasehold tenure with over 125 years remaining; however, the current owners are actively pursuing freehold acquisition, which may enhance long-term value. Located within easy reach of Llandudno’s attractions and amenities adds another layer of appeal for future residents or tenants. This home stands as an excellent opportunity for those ready to invest in renovations that could significantly enhance its market value while enjoying all that this desirable location has to offer.

Investment Analysis

(LL30 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£251/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£23,500 - £58,750
10-25% of property value
Target Value
£245,714
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LL30)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 4.3%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on LL30 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

Queensway, Liddell Park, Llandudno
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