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Cadwgan Eglwysbach Colwyn Bay LL28 5SB

Wales

£279,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1089 sqft

Description

Nestled in a picturesque rural setting overlooking Bodnant Gardens and the Conwy Valley, this three-bedroom residence presents an appealing chance for those interested in renovation and investment. The property is surrounded by expansive gardens that span approximately a quarter of an acre, with the option to acquire additional land of up to two acres, offering substantial potential for further development. While the interior currently requires updating, it serves as a blank slate for buyers to reimagine and enhance the living space according to their vision. The layout includes two reception rooms and three bedrooms, providing a solid foundation for expansion or refurbishment, subject to necessary approvals. Natural light floods the principal rooms, highlighting the beautiful views of the surrounding countryside. The tranquil location provides a genuine sense of rural escape while remaining conveniently close to essential local amenities. Inside, notable features include a lounge with exposed beams and a wood-burning stove—perfect for cozy evenings—alongside a functional kitchen equipped with modern cabinetry and quarry-tiled flooring. The utility room offers practical space for laundry needs, while all three bedrooms are adaptable for various uses or redesigns. Outside, there are additional storage structures including individual sheds that could be repurposed as workshops or studios. This property not only invites personal touches but also supports investment through its potential transformation into a desirable family home or vacation retreat. The absence of forward chain enhances accessibility for prospective buyers eager to explore this opportunity in a sought-after location. Overall, this property represents both lifestyle appeal and significant investment potential in a serene setting.

Investment Analysis

(LL28 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£256/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£279,949
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LL28)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 1.1%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on LL28 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

Cadwgan Eglwysbach Colwyn Bay LL28 5SB
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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
£1,022
Based on a loan of £209,250 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