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Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd, LL54 - Image 1
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Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd, LL54

Wales

£375,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
885 sqft

Description

Nestled in a picturesque rural setting and framed by stunning views of both the sea and mountains, this three-bedroom detached cottage boasts significant renovation and investment possibilities. Currently functioning as a successful holiday rental, it presents an excellent opportunity for those interested in lifestyle changes, investment ventures, or a tranquil permanent home.<br><br>Access to the property is via a recently upgraded gravel track leading to a gated entrance and a spacious gravel driveway, complete with electric vehicle charging capabilities.<br><br>The exterior features a slate-covered terrace equipped with a hot tub — perfectly situated to take advantage of the breathtaking scenery spanning across the Menai Strait and beyond to the dramatic Yr Eifl and Nantlle Ridge mountains. Additionally, there is a separate land parcel that holds potential for further development, subject to necessary planning approvals.<br><br>Internally, this charming cottage melds traditional aesthetics with modern amenities. A functional front porch welcomes you inside with practical tiled flooring and heating for those cooler days after outdoor adventures. The inviting lounge showcases a log burner set against an impressive stone chimney breast, paired with contemporary laminate flooring for both comfort and style.<br><br>The rear hosts an updated kitchen diner, maintaining its cozy cottage charm while being equipped for practicality. Key features include a gas hob connected through LPG bottles, Belfast sink, integrated dishwasher and fridge, all bathed in natural light from the skylight overhead. An external door conveniently leads out to the side yard.<br><br>The sleeping quarters consist of three bedrooms—two generously sized doubles—providing ample space alongside a contemporary four-piece family bathroom featuring luxury touches like a freestanding bath and walk-in shower.<br><br>Newly installed LPG central heating ensures warmth throughout the seasons while utility provisions include private borehole water supply and septic tank sewerage system. The combination of its detached countryside location, awe-inspiring vistas, modern enhancements, and established holiday letting income renders this cottage an exceptional prospect for potential buyers looking to invest or create their dream home.

Investment Analysis

(LL54 area)

Above Market Value

This property is priced +110.4% above area average per sq ft

+110.4%
This Property
£424/sq ft
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£196,063
10% above area average per sq ft
Potential ROI
-52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LL54)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -6.5%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on LL54 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

Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd, LL54
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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
£1,374
Based on a loan of £281,250 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