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Park Terrace, Deganwy, Conwy

Wales

£147,000
Listed on 07/07/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This charming two-bedroom end terrace cottage offers significant renovation potential, making it an ideal investment for those looking to put their personal touch on a property. Located just a short stroll from local amenities like the Co-op mini-market and the Castle View Public House/Restaurant, it also sits within one mile of the historic town of Conwy and the shopping options at Llandudno Junction, including major retailers such as Iceland, Asda, Tesco, and Lidl. The layout includes a welcoming sitting room that flows into a separate dining room, providing a functional space for entertaining or family meals. A compact galley kitchen features essential appliances and access to a rear porch area—perfect for future expansions or updates. The ground floor is completed by a practical three-piece bathroom with an over-bath shower. Upstairs, you’ll find two generous bedrooms. The main bedroom boasts scenic views towards the estuary and Conwy Castle, adding an attractive element that could be enhanced with strategic updates. The property benefits from gas central heating and double-glazed windows throughout, though prospective buyers are advised to check the functioning status of these features as they have not been tested. Outside, there is a small front garden that could be revitalized with landscaping ideas, alongside an enclosed covered passageway that houses the boiler. This property is held on freehold tenure and falls under Council Tax Band B. With its prime location and solid structural foundation, this cottage presents an excellent opportunity for those interested in creating a bespoke home or seeking a sound investment in a vibrant community.

Investment Analysis

(LL31 area)
Area Average
£260/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LL31)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 0.8%
5 year growth: 13.2%
Investment Disclaimer: Analysis based on LL31 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

Park Terrace, Deganwy, Conwy
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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
£538
Based on a loan of £110,250 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