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Dinas Mawddwy, Machynlleth, Gwynedd, SY20

Wales

£175,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1166 sqft

Description

Nestled in the tranquil Cywarch Valley, Cwm Cywarch presents a distinctive opportunity for renovation and investment just a mile from the charming village of Dinas Mawddwy. This former chapel, set on approximately 0.4 acres of level land, comes with planning approval to transform it into a one-bedroom residence, offering a potential retreat in the heart of Snowdonia National Park. The location benefits from its proximity to the breathtaking Cardigan Bay coastline and the picturesque landscapes that surround it. These features not only enhance the appeal of the property but also position it well for future investment opportunities, particularly as a holiday letting. The vendors have indicated projected earnings in the range of £80,000 to £90,000 annually through an exclusive holiday letting company, making this an attractive prospect for those looking to capitalize on tourism in the area. The approved plans detail a conversion that will integrate comfortable living spaces into the chapel's unique structure. The design includes a kitchen, lounge, garden room, and mezzanine bedroom that utilizes the existing pitched roof. Additionally, extensive parking options are available thanks to double coach gates that lead directly into the property. Consideration has been given to eco-friendly amenities with plans for ground source heating and water sourced from a borehole with necessary treatment works. While mobile reception may be limited due to its remote location, superfast broadband has been installed within the valley, enabling connectivity for modern living. The existing structure features solid stone construction beneath a slated roof and an attached outbuilding. Recent planning approval includes enhancements such as roof lights and a single-storey rear extension designed to maximize both light and space. For buyers interested in development within Snowdonia National Park, it's important to note that there is a required contribution of £16,211 due prior to commencement of work and again upon occupation of the dwelling. Flood risk assessments indicate low-risk levels across various categories. This property offers not only renovation potential but also unique access to one of Wales’s most scenic areas—making it an appealing choice for investors or individuals seeking a serene getaway amidst stunning natural beauty.

Investment Analysis

(SY20 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£150/sq ft
Area Average
£227/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£291,278
10% above area average per sq ft
Potential ROI
+5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SY20)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -4.4%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on SY20 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

Dinas Mawddwy, Machynlleth, Gwynedd, SY20
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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
£641
Based on a loan of £131,250 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