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Cadwgan Eglwysbach Colwyn Bay LL28 5SB

Wales

£279,000
Listed on 28/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1011 sqft

Description

Set in a picturesque rural area overlooking Bodnant Gardens and the Conwy Valley, this three-bedroom property represents a significant opportunity for those looking to invest in a renovation project or create a personal retreat. Nestled within approximately a quarter-acre of gardens, there is also potential to purchase an additional two acres of land, providing further scope for development or landscaping. The property currently requires updating, making it a blank canvas for buyers with vision. It consists of two reception rooms and three bedrooms, all of which offer the potential for reconfiguration or extension, subject to obtaining necessary permissions. This presents an exciting chance to enhance and personalize the space while capitalizing on its natural charm and scenic surroundings. The interior features include a lounge with exposed beams and a wood-burning stove, creating a cozy focal point. The modern kitchen is equipped with adequate storage and functional layout that opens up possibilities for future upgrades. Additional living space can be found in the sitting room, which benefits from natural light through twin aspect windows. The bedrooms provide ample space for family living or guests, with built-in storage solutions adding convenience. The bathroom is functional but could be transformed into a more contemporary space depending on buyer preferences. There are also various outbuildings on the property that can serve multiple purposes, whether as storage or workshop areas. Location-wise, this home offers an idyllic setting ideal for nature enthusiasts while still being conveniently close to local amenities. The absence of a forward chain simplifies the buying process, making this property even more appealing for those ready to undertake an investment in their future home. Overall, this property not only presents immediate residential potential but also long-term value through renovation and possible expansion opportunities in this sought-after rural area.

Investment Analysis

(LL28 area)

Above Market Value

This property is priced +15.3% above area average per sq ft

+15.3%
This Property
£276/sq ft
Area Average
£239/sq ft

Renovation Potential

Est. Renovation Cost
£27,900 - £69,750
10-25% of property value
Target Value
£266,126
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Monthly Sales
15
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LL28)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 6.7%
5 year growth: 21.3%
Investment Disclaimer: Analysis based on LL28 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

Cadwgan Eglwysbach Colwyn Bay LL28 5SB
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