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Olivia Drive, Rhyl

Wales

£180,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1250 sqft

Description

This corner detached bungalow presents an exciting opportunity for a cash buyer eager to complete a partially finished project. With four bedrooms, the home is well-suited for families or those needing additional space for guests or a home office. The modern kitchen features a central island breakfast bar and an open-plan lounge, creating a bright and inviting living area ideal for both relaxation and entertaining. Notably, two shower rooms are yet to be completed, providing a chance for customization to suit your personal preferences. The design facilitates easy movement throughout the property. Externally, there's off-road parking alongside a single garage, enhancing practicality. Nestled in a friendly community near the beach and local amenities, this location is perfect for those wishing to establish themselves in a vibrant setting. This bungalow on Olivia Drive is waiting for your vision and interior design flair to finalize what remains unfinished by the current owner, offering significant renovation potential.

Investment Analysis

(LL18 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£144/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£299,956
10% above area average per sq ft
Potential ROI
+30.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LL18)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 4.9%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on LL18 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

Olivia Drive, Rhyl
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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
£659
Based on a loan of £135,000 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