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Pentrefelin, Criccieth, Pentrefelin, Criccieth, LL52 - Image 1
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Pentrefelin, Criccieth, Pentrefelin, Criccieth, LL52

Wales

£399,000
Listed on 14/01/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1768 sqft

Description

Nestled within the picturesque hamlet of Pentrefelin, this distinctive property, historically known as 'Cross Keys,' offers a unique investment opportunity. Once serving as the village inn, the home still showcases a number of its original architectural features, including exposed beams and an inglenook fireplace, giving it a character that is hard to find in modern builds. The interior layout includes a cozy lounge and dining room featuring deep bay windows that invite natural light and offer appealing views of the surrounding wooded landscape. A study on the ground floor presents additional flexibility for home office use or potential conversion into living space. The fitted kitchen and family bathroom located at the rear provide essential amenities while leaving room for personalization. Upstairs, three generously sized double bedrooms are designed for comfort, with two of them benefiting from bay windows that frame enchanting vistas. This home's layout provides ample scope for renovations or enhancements to suit modern lifestyle preferences. Outside, extensive gardens and tiered lawns envelop the property, creating an inviting outdoor retreat surrounded by mature trees and shrubs. Additionally, attached outbuildings present an enticing opportunity for further development or converting into workshop spaces—subject to planning permissions—which could significantly enhance the property's value. Marked by its historical charm and substantial grounds, this property is offered with no onward chain and represents not only a delightful residence but also a canvas ripe for renovation and investment potential in a sought-after location. With recent Article 4 Direction regulations in place by Cyngor Gwynedd concerning planning use changes, prospective buyers should investigate how these stipulations may align with their future plans for this captivating home.

Investment Analysis

(LL52 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£226/sq ft
Area Average
£251/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£487,950
10% above area average per sq ft
Potential ROI
+6.3%
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

Pentrefelin, Criccieth, Pentrefelin, Criccieth, LL52
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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
£1,462
Based on a loan of £299,250 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