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Bryn Melyn Cottage, Llanelltyd, Dolgellau - Image 1
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Bryn Melyn Cottage, Llanelltyd, Dolgellau

Wales

£108,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1281 sqft

Description

Bryn Melyn Cottage offers a rare opportunity for those looking to undertake a significant renovation project. This detached cottage, while currently in need of a complete overhaul, possesses unique character and charm that can be revitalized into a welcoming home. Comprising three bedrooms and one bathroom, the property allows for creative expression and the potential to establish a bespoke living environment tailored to personal tastes. Situated in a serene setting that provides both seclusion and accessibility, this cottage boasts beautiful views of the surrounding estuary and countryside, appealing to nature lovers and those desiring a peaceful retreat. The layout includes essential spaces such as a kitchen with plumbing provisions, a spacious living room featuring a striking stone fireplace, and well-sized bedrooms that await transformation. With ample outdoor space available and the potential for parking arrangements, Bryn Melyn Cottage stands out as an ideal investment for individuals seeking tranquility coupled with restoration potential. The extensive renovation required presents an exciting opportunity to enhance its original features or modernize as desired. This property not only represents a chance to create a personal sanctuary but also holds promise for future value appreciation once renovations are completed.

Investment Analysis

(LL40 area)

Below Market Value

This property is priced -62.5% below area average per sq ft

-62.5%
Potential saving
This Property
£84/sq ft
Area Average
£225/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£316,554
10% above area average per sq ft
Potential ROI
+59.9%
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
16%
Properties sold annually

Local Market Trend (LL40)

Area prices are falling by +15.4% over the last 12 months
3 year growth: -11.3%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on LL40 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

Bryn Melyn Cottage, Llanelltyd, Dolgellau
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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
£396
Based on a loan of £81,000 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