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Newgate Street, LL24

Wales

£79,950
Listed on 17/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
280 sqft

Description

Tenure: Freehold | Council Tax Band: B This charming two-bedroom cottage is situated in the serene village of Penmachno, located within the breathtaking landscape of Snowdonia National Park. Its proximity to the popular town of Betws-y-Coed enhances its appeal, making it an intriguing option for first-time buyers, holiday home seekers, and investors eager to tap into the region's potential. The cottage itself presents a unique opportunity for renovation enthusiasts. Character features abound, including a welcoming living room adorned with an exposed beam ceiling and a traditional stone fireplace. The kitchen, accompanied by a convenient store room, provides essential space for reimagining culinary and communal areas. Upstairs, two bedrooms and a bathroom offer a functional layout that can be easily adapted or modernized. Although the interior may require updating and personal touches to maximize its charm, this property serves as a versatile canvas waiting for your creative vision. With thoughtful renovations, it could transform into either a cozy retreat or a lucrative rental property in this sought-after area. Located in peaceful Penmachno, residents enjoy immediate access to stunning countryside views and extensive mountain trails. The village amenities include a local shop and a cozy pub that contribute to its welcoming atmosphere. For broader shopping options and recreational activities, Betws-y-Coed is just a short drive away. Utilities are believed to connect to mains electricity, water, and drainage—details should be confirmed with your solicitor. In summary, this cottage embodies both character and potential in one of North Wales' most picturesque locales. Whether you're looking to create your own countryside escape or invest in a property with promising returns, this opportunity deserves serious consideration. Given its desirable setting and renovation possibilities, early inquiries are encouraged before it slips away.

Investment Analysis

(LL24 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£286/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£75,629
10% above area average per sq ft
Potential ROI
-31.2%
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
4%
Properties sold annually

Local Market Trend (LL24)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on LL24 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.

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Location

Newgate Street, LL24
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