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7 Water Street Penygroes, Caernarfon, Gwynedd, LL54 6LR - Image 1
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7 Water Street Penygroes, Caernarfon, Gwynedd, LL54 6LR

Wales

£80,000
Listed on 25/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced home presents a compelling opportunity for those looking to invest in a project with substantial renovation potential. Currently, this two-bedroom property has seen considerable upgrades, including extensive rewiring, a partially completed kitchen installation, and updates in the bathroom and utility area. With new carpets already laid on the first floor, much of the heavy lifting has been done, allowing buyers to focus on adding their personal touch. The layout features an entrance hall that leads into a spacious lounge, complete with access to a cellar that offers valuable additional storage space. The kitchen/diner is partially fitted and opens onto a sizeable rear garden that holds promise for further landscaping or enhancement. Upstairs, two generously sized double bedrooms provide ample space for comfortable living. Given its location in Penygroes, near the beautiful North Wales coastline and countryside, this property not only serves as a fantastic buy-to-let investment but could also be transformed into a desirable holiday let with some additional effort. Overall, this home stands as an excellent canvas for renovation enthusiasts or investors looking to capitalize on the area's rental demand.

Investment Analysis

(LL54 area)
Area Average
£198/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LL54)

Area prices are rising by +9.0% over the last 12 months
3 year growth: -3.2%
5 year growth: +25.6%
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

7 Water Street Penygroes, Caernarfon, Gwynedd, LL54 6LR
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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