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Pengroeslon, Gwynedd, LL53

Wales

£350,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1581 sqft

Description

Set in the scenic hamlet of Penygroeslon on the Llyn Peninsula, this detached residence presents a unique opportunity for those interested in rural living combined with investment potential. Located off a private track and surrounded by just under an acre of lush grounds—featuring delightful gardens and a field currently leased to a local farmer for grazing—this property is full of character but requires modernisation to unlock its full potential. The home offers ample space with a generous kitchen-living area, a separate dining room, and a cosy lounge. An innovative conversion of the former garage into an additional sitting room complete with a kitchenette and bedroom adds flexibility, making it suitable for guests or as an independent living space. Furthermore, there’s a versatile downstairs room that is already plumbed for shower facilities. On the upper floor, two well-sized bedrooms share a family bathroom, alongside two attic rooms which could serve as storage or be repurposed for creative endeavors. Outdoor features include a practical carport and expansive gardens ideal for enjoying the peaceful countryside views towards Mynydd Rhiw. The adjoining field enhances the property's enchanting rural appeal, making it an attractive option for anyone looking to craft their own retreat. With such an advantageous location and significant renovation potential, this home offers exciting possibilities for those eager to invest in their vision of countryside living while being conveniently close to local amenities including schools and shops in Sarn Mellteyrn.

Investment Analysis

(LL53 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£221/sq ft
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£453,209
10% above area average per sq ft
Potential ROI
+13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Pengroeslon, 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
£1,282
Based on a loan of £262,500 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