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Queensway, Liddell Park, Llandudno

Wales

£235,000
Listed on 27/07/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1097 sqft

Description

This three-bedroom semi-detached home presents a noteworthy opportunity for renovation and investment, located in a desirable cul-de-sac within the established Liddel Park development. Just a short distance from Llandudno, this property benefits from a convenient location that enhances both its appeal and potential value. The layout includes essential spaces such as a welcoming entrance hall, a two-piece cloakroom, and an expansive lounge/dining room featuring an archway to the kitchen and sliding doors that open onto the rear garden. The kitchen, though in need of updating, is equipped with wooden base and wall units, presenting ample scope for modernization to create a contemporary culinary space. Upstairs, the property offers three well-proportioned bedrooms, each with ample natural light and potential for enhancement. The family bathroom includes traditional fixtures and tiling; however, it also holds significant renovation potential to adapt it to modern tastes. Externally, the front garden is complemented by shrubs and trees while a shared brick-paved driveway leads to an attached single-car garage with utilities already connected. The rear garden provides additional outdoor space with a lawned area and patio—ideal for transformation into an inviting entertainment or leisure area. The property is currently held on leasehold terms with over 125 years remaining, accompanied by minimal ground rent. The owners are actively pursuing the freehold acquisition, which could further increase the property's long-term value. This residence not only offers immediate comfort but also an exciting canvas for personal touches or investment enhancements that could greatly improve its appeal in this sought-after area.

Investment Analysis

(LL30 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£214/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£288,401
10% above area average per sq ft
Potential ROI
+4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LL30)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 11.2%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on LL30 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

Queensway, Liddell Park, Llandudno
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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
£861
Based on a loan of £176,250 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