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Lon Uchaf, Morfa Nefyn, Pwllheli, Gwynedd, LL53 - Image 1
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Lon Uchaf, Morfa Nefyn, Pwllheli, Gwynedd, LL53

Wales

£299,950
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1373 sqft

Description

This three-bedroom detached bungalow in Morfa Nefyn presents significant renovation and investment potential, making it an ideal candidate for those looking to enhance their living space or increase property value. Set back from the road on a generous plot, the home comes with extensive gardens, ample off-road parking, and two detached garages equipped with power and mechanics service pits. The property boasts a well-proportioned lounge/dining area featuring a multi-fuel stove, along with a kitchen/breakfast room that overlooks the garden. The layout includes two ground-floor bedrooms serviced by a family bathroom and a spacious first-floor guest bedroom that could easily be converted into additional bedrooms or even a balcony, pending necessary planning permissions. While the interior is modernised to some extent with uPVC double glazing and Economy 7 electric heating, there remains an opportunity for further updates to maximise its appeal. Located close to local amenities and just minutes from scenic beaches and golf courses, this property offers both comfort and potential in one of Wales' charming coastal villages.

Investment Analysis

(LL53 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£218/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£396,454
10% above area average per sq ft
Potential ROI
+16.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LL53)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -19.9%
5 year growth: 12.4%
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

Lon Uchaf, Morfa Nefyn, Pwllheli, Gwynedd, 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
£1,099
Based on a loan of £224,962 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