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High Street, Porthmadog

Wales

£199,950
Listed on 01/08/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This mid-terraced property presents a unique opportunity for renovation and investment in the heart of Porthmadog. Currently operating as a Chinese take-away, the ground floor is designed with commercial potential, featuring a fully equipped kitchen that could be adapted for various culinary uses or repurposed to suit different business models. The shop front offers visibility and access along the vibrant High Street, making it an attractive location for foot traffic. Above the take-away, the property includes a sizable four-bedroom flat across the first and second floors. While the living space benefits from UPVC double glazing and gas central heating, it is in need of modernization, providing an excellent canvas for renovations that could significantly increase its value. The layout features a lounge with an open fireplace and several bedrooms that can be reconfigured to enhance either living space or rental potential. Additional features include a small outdoor yard and a balcony area that extend the usable space outside. The first-floor landing connects all main rooms, ensuring easy accessibility throughout the flat. Given its location and current configuration, this property holds considerable appeal for investors looking to capitalize on both residential rentals and commercial opportunities in a popular tourist destination. With thoughtful upgrades and renovations, this property has significant potential to generate income from both the commercial unit and residential rentals—a promising investment for those looking to make their mark in Porthmadog's thriving market.

Investment Analysis

(LL49 area)
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LL49)

Area prices are rising by +21.6% over the last 12 months
3 year growth: 9.4%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LL49 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

High Street, Porthmadog
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£732
Based on a loan of £149,962 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