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Maes Gerddi, Porthmadog

Wales

£225,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
883 sqft

Description

This three-bedroom bungalow presents a valuable opportunity for renovation within the established residential area of Maes Gerddi in Porthmadog. Situated in a peaceful neighborhood, the property is conveniently located just a short walk from the town center and nearby primary and secondary schools, making it an appealing option for families and investors alike. The single-story layout includes three bedrooms, a living room, kitchen, and bathroom. The living room features a gas fire with back boiler, providing warmth and comfort while presenting potential for modern updates. The kitchen is equipped with fitted wall and base units, integrated appliances, and an adjoining door leading to the side of the property. Each bedroom comes with fitted wardrobes and views of the garden, enhancing the overall utility of the space. The attached garage offers convenient access from both the front and rear, complemented by a driveway that accommodates two vehicles. Outdoor space includes a private garden at the rear with hedged boundaries, providing an ideal canvas for landscaping or further development. Given its location and features, this property holds significant investment potential. With renovations, it could be transformed into a contemporary residence suitable for various buyers or renters in this desirable area. Additionally, as it is currently in probate, there may be unique opportunities for interested parties to explore. This bungalow not only promises comfortable living but also invites creativity for those looking to enhance its value through thoughtful design and updates.

Investment Analysis

(LL49 area)

Above Market Value

This property is priced +18.5% above area average per sq ft

+18.5%
This Property
£255/sq ft
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£208,830
10% above area average per sq ft
Potential ROI
-18.1%
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
5%
Properties sold annually

Local Market Trend (LL49)

Area prices are rising by +21.6% over the last 12 months
3 year growth: 9.4%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LL49 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

Maes Gerddi, Porthmadog
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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
£824
Based on a loan of £168,750 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