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Penrhyndeudraeth

Wales

£350,000
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1001 sqft

Description

This detached bungalow is set in an elevated position on the outskirts of Penrhyndeudraeth, offering impressive views over the Merioneth mountains. The property sits on a substantial plot, providing ample outdoor space that includes mature gardens and a sizable gravel parking area accessible via a tarmacadam driveway. Inside, the bungalow features four bedrooms, alongside an expansive attic that has been fully boarded and provides significant potential for expansion or additional living space, subject to obtaining the necessary planning permissions. The layout includes a welcoming entrance porch/conservatory that capitalizes on the stunning views, while the well-appointed kitchen/diner is equipped with modern fixtures and ample storage. The living room is designed for comfort and relaxation, featuring a multi-fuel stove and French doors that open onto a balcony, enhancing the property's connection to its picturesque surroundings. The master bedroom benefits from built-in wardrobes and an en-suite shower room. Additional bedrooms provide versatile options for family use or guest accommodation. The property also boasts extensive renovation potential with full planning permission already granted for the construction of two additional properties within part of the grounds. This opportunity allows for further development without restrictive ownership guidelines typically associated with local authority permissions, making it an appealing prospect for investors or those looking to expand their property portfolio. Externally, the well-maintained grounds include terraced gardens adorned with established shrubbery and trees. A large garage/workshop located on the lower ground floor offers additional functionality, complete with power connections and plumbing provisions. All essential services are connected, including roof-mounted solar panels for energy efficiency. With its advantageous location and significant investment potential through renovations and new builds, this property presents a unique opportunity in today's market.

Investment Analysis

(LL48 area)

Above Market Value

This property is priced +77.6% above area average per sq ft

+77.6%
This Property
£350/sq ft
Area Average
£197/sq ft

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Target Value
£216,752
10% above area average per sq ft
Potential ROI
-50.5%
After renovation
Market Turnover
%
Properties sold annually

Local Market Trend (LL48)

Area prices are falling by +9.6% over the last 12 months
3 year growth: -1.1%
5 year growth: 29.9%
Investment Disclaimer: Analysis based on LL48 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

Penrhyndeudraeth
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