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Rhosfawr, Pwllheli

Wales

£195,000
Listed on 15/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity to acquire a freehold derelict cottage situated in a tranquil rural setting, conveniently located near both Y Ffor and Pwllheli. The cottage sits on a generous plot of land, offering ample space for renovation or redevelopment. The area is known for its picturesque landscape and peaceful surroundings, making it an appealing choice for those seeking a retreat from urban life. There are various local amenities nearby, enhancing the potential for both permanent residence or as a holiday rental. Historically, planning consent was granted in 2009 (C08D/0479/40/LL) for a single-storey extension at the rear of the property; however, this consent has since lapsed. Initial groundwork for the extension indicates that the site had been poised for development. New owners will need to conduct their own planning inquiries to explore reapplication possibilities or alternative renovation projects. With its solid foundations and established location, this property offers significant investment potential for those looking to create a personalized living space or profit from future developments in this desirable area.

Investment Analysis

(LL53 area)
Area Average
£261/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
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

Rhosfawr, Pwllheli
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 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