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Mount Street, Bala

Wales

£70,000
Listed on 04/11/2025

Property Details

Bedrooms
1
Type
Terraced house
Area
802 sqft

Description

This traditional mid-terrace home, while currently requiring modernization, presents a valuable opportunity for renovation and investment. Located on the periphery of the scenic Snowdonia National Park, this property lies within the charming district of Gwynedd in central Wales, making it ideal for those looking to embrace a lifestyle enriched by nature and community. The town offers a friendly atmosphere with essential amenities such as local shops and schools nearby. The surrounding countryside enhances its appeal, providing residents with access to outdoor activities and stunning landscapes. Originally designed as a two-bedroom property, the layout includes an entrance hall leading into a living room featuring a central fireplace—ideal for restoration. The kitchen is equipped with base and wall units, while the adjacent rear hall opens up to a dining area. Upstairs, you’ll find a spacious double bedroom along with a bathroom. Outside, there is a flagstone patio courtyard complemented by an outhouse, which could serve various purposes depending on your renovation plans. With thoughtful updates and improvements, this home has significant potential to become an inviting space or an attractive rental investment in this desirable location. Whether you're looking to create your dream home or seeking an opportunity for financial gain through property enhancement, this property stands out as a unique prospect worth considering.

Investment Analysis

(LL23 area)

Below Market Value

This property is priced -61.0% below area average per sq ft

-61.0%
Potential saving
This Property
£87/sq ft
Area Average
£224/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£197,613
10% above area average per sq ft
Potential ROI
+97.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LL23)

Area prices are falling by +14.9% over the last 12 months
3 year growth: 8.7%
5 year growth: 74.2%
Investment Disclaimer: Analysis based on LL23 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

Mount Street, Bala
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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
£256
Based on a loan of £52,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE