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Llangwnadl, Llyn Peninsula, LL53 - Image 1
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Llangwnadl, Llyn Peninsula, LL53

Wales

£695,000
Listed on 19/02/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1901 sqft

Description

This property offers a distinctive opportunity for renovation and investment, featuring two separate living spaces in a picturesque location on the northern coastal side of the Llyn Peninsula. Nestled approximately 150 yards from Porth Colmon, this charming detached farmhouse and its adjacent barn conversion are situated within an Area of Outstanding Natural Beauty, surrounded by stunning sea views across Caernarfon Bay toward Ynys Mon (Anglesey). The main residence is a historic two-bedroom farmhouse that retains many original features, including exposed whitewashed walls and beamed ceilings. Its characterful design is complemented by modern amenities such as oil-fired central heating. The property's layout allows for renovation possibilities to enhance both its charm and functionality. Connected to the farmhouse is a two-bedroom barn conversion that has been previously utilized as a holiday rental, creating immediate income potential for investors or those looking to supplement their living space. This barn boasts its own heating system and private garden area, complete with a hot tub, all enjoying views of the coastline. The property includes a significant modern barn/workshop at the rear, measuring 40’ x 25’, providing ample space for vehicle storage or equipment necessary for coastal activities. Additionally, the sale comprises a slipway for launching boats into Porth Colmon — an attractive feature for water enthusiasts and local fishermen. Notably, plans (subject to planning consent) have been drawn up to convert an adjacent historical Lime Kiln and Fisherman’s stores into a one-bedroom cottage, further increasing the property's potential value. The surrounding area is rich with outdoor attractions; not only are you moments from sandy Penllech Beach, but you also have access to scenic walks along the Welsh Coastal Path. Overall, this property presents a promising blend of residential comfort and development potential in an idyllic coastal setting. Whether you choose to maintain its current use as self-catering holiday lets or transform it into a primary residence while generating rental income from the barn conversion, this unique opportunity is worth exploring.

Investment Analysis

(LL53 area)

Above Market Value

This property is priced +40.3% above area average per sq ft

+40.3%
This Property
£366/sq ft
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£544,941
10% above area average per sq ft
Potential ROI
-31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LL53)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -17.9%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on LL53 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

Llangwnadl, Llyn Peninsula, LL53
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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
£2,546
Based on a loan of £521,250 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