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Sarn Meillteyrn, Pwllheli, LL53

Wales

£299,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
814 sqft

Description

This unique detached bungalow is set on approximately 1.3 acres of agricultural land, offering both spacious living and substantial outdoor potential. Located in the tranquil village of Sarn Meillteyrn, it boasts panoramic views of the stunning countryside while being conveniently close to local amenities. The one-level accommodation includes a kitchen/diner, a cozy lounge with patio doors, two bedrooms, and a bathroom. Additionally, there is a workshop and garage outside, along with off-road parking and raised garden areas. This property presents an excellent opportunity for further development or diversification of use, subject to the necessary planning permissions which have already been granted for a residential annex and extension of the existing curtilage. With oil-fired central heating and double glazing in place, this bungalow is ready for updates that could enhance its value significantly. Ideal for investors or those looking for a peaceful rural retreat with room to grow.

Investment Analysis

(LL53 area)

Above Market Value

This property is priced +41.0% above area average per sq ft

+41.0%
This Property
£367/sq ft
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£233,341
10% above area average per sq ft
Potential ROI
-35.0%
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
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

Sarn Meillteyrn, Pwllheli, LL53
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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
£1,095
Based on a loan of £224,250 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