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Lon Merllyn, Criccieth

Wales

£398,000
Listed on 21/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2066 sqft

Description

This spacious detached home, affectionately known as 'Rowen', is ideally positioned in the scenic seaside town of Criccieth, boasting captivating sea and castle views. Offering extensive living space across two levels, the property features two reception rooms, a ground floor bedroom with an accompanying bathroom, and three additional bedrooms along with a family bathroom upstairs. Although it requires modernisation, the large plot includes two driveways and a detached garage, presenting an excellent opportunity to create a bespoke family residence. The layout allows for creative reconfigurations or extensions (subject to planning), making this a promising investment for those looking to enhance its appeal while enjoying the beautiful surroundings. Early viewings are advisable given its potential.

Investment Analysis

(LL52 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£193/sq ft
Area Average
£251/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£570,195
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
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
6%
Properties sold annually

Local Market Trend (LL52)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -4.0%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on LL52 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 Merllyn, Criccieth
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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
£1,458
Based on a loan of £298,500 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