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Lon Y Grisiau, Pentir, Gwynedd, LL57

Wales

£390,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled on the outskirts of Bangor, this freehold property presents a compelling opportunity for renovation and investment. The main residence features two bedrooms, a functional kitchen, a lounge/diner, and a conservatory that adds valuable living space. This character-filled cottage is well-suited for comfortable living while offering potential for enhancements that could elevate its appeal. In addition to the main home, there is a self-contained one-bedroom holiday cottage equipped with its own kitchen, lounge, and sunroom. This separate unit has served successfully as a rental property, providing an immediate avenue for generating income or hosting guests. The layout of both cottages allows for versatile accommodation options tailored to your needs. Set on expansive garden grounds, the property includes outbuildings and a barn that open up numerous possibilities for gardening enthusiasts or hobbyists seeking additional workspace. The large outdoor areas provide ample room for personal projects or future development. The tranquil countryside setting offers both privacy and convenience, with easy access to local amenities in Bangor. The surrounding natural landscape is perfect for outdoor pursuits like walking and exploring, making this location appealing not only for personal enjoyment but also as an investment in the growing demand for rental properties in scenic areas. This unique property stands out as an opportunity to create something special while capitalizing on its existing potential. With thoughtful renovations and updates, it could become a highly desirable asset in the current market.

Investment Analysis

(LL57 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£279
Avg Yield
5.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LL57)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.1%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on LL57 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

Lon Y Grisiau, Pentir, Gwynedd, LL57
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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
£1,429
Based on a loan of £292,500 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