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Cefn Y Traeth, Pwllheli LL53

Wales

£90,000
Listed on 18/06/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This detached building, steeped in history as it dates back to the 1800s and originally functioning as a Sunday School for Penmount Chapel, offers a compelling investment opportunity in the heart of Pwllheli. Having most recently served as a workshop and builder's storage facility, this property presents significant redevelopment potential for various business or residential purposes, pending necessary planning approvals. The main structure spans approximately 11m x 7.3m, complemented by an additional rear store room measuring around 6.9m x 6.1m. Front parking space is available, and the site benefits from mains electricity connectivity. Set along a quiet track off Sand Street, this property is poised for transformation.

Investment Analysis

(LL53 area)
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LL53)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -17.2%
5 year growth: +10.6%
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

Cefn Y Traeth, Pwllheli LL53
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 over 30 years at 4.06% 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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