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Llanllechid, Bangor, Gwynedd, LL57

Wales

£475,000
Listed on 05/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
3103 sqft

Description

This historically significant property, once a local pub and shop for quarry workers, presents an exciting opportunity for transformation. Known as The Red Lion Farmhouse, this dwelling has been cherished by the same family for generations and is now ready for its next chapter as a family home. Set on a rural lane, the property greets you with a sweeping driveway leading to spacious grounds ripe for improvement. The large barn provides potential for various investment opportunities or useful storage space. Inside, you'll find three generously sized double bedrooms and a family bathroom upstairs, complemented by a conservatory and three reception areas on the ground floor—ideal for reimagining living spaces. The gardens are established yet could benefit from thoughtful landscaping to enhance their appeal, offering views of the surrounding farmland. For those considering alternatives such as a holiday rental, please note that planning permission will be necessary for any change of use.

Investment Analysis

(LL57 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£153/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£285
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£697,167
10% above area average per sq ft
Potential ROI
+30.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LL57)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 7.4%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on LL57 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

Llanllechid, Bangor, Gwynedd, LL57
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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
£1,740
Based on a loan of £356,250 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