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26 Penbanc, Fishguard

Wales

£259,500
Listed on 27/02/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1302 sqft

Description

This detached two-storey chalet-style bungalow in Penbanc offers a promising opportunity for renovation and investment. While it currently requires modernization, the property features a spacious layout with four bedrooms, two reception rooms, and a kitchen/breakfast area, making it an excellent canvas for those looking to create their ideal home or rental property. The first floor provides impressive views from the side windows, with potential for further enhancement through the addition of Velux windows to capture a panoramic coastal vista. There is also substantial scope for extension to the side (subject to necessary consents), allowing for personalization or expansion of living space. The existing accommodation includes comfortable living areas and practical amenities like mains services, uPVC double glazing, and electric heating. Externally, the property is set within reasonable sized lawned gardens adorned with flowering shrubs, providing a pleasant outdoor space. A garage and off-road parking contribute to the functionality of this home, which would be well-suited for families, retirees, or investors seeking to capitalize on the location’s rental potential. Situated within close proximity to Fishguard's town center, residents will appreciate easy access to various amenities including schools, shops, restaurants, and recreational facilities. The neighboring twin town of Goodwick offers additional conveniences such as a ferry terminal for travel to Southern Ireland and strong rail links. Overall, this property not only boasts generous living spaces but also presents significant renovation opportunities in a desirable setting near the North Pembrokeshire coastline. With some investment and vision, this residence could transform into a stunning family home or an attractive rental asset in a sought-after location.

Investment Analysis

(SA65 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£199/sq ft
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£308,567
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (SA65)

Area prices are rising by +12.6% over the last 12 months
3 year growth: 1.8%
5 year growth: 46.1%
Investment Disclaimer: Analysis based on SA65 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

26 Penbanc, Fishguard
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£951
Based on a loan of £194,625 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE