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Waunfawr, Caernarfon, Gwynedd

Wales

£70,000
Listed on 08/05/2026

Property Details

Bedrooms
1
Type
Detached
Area
360 sqft

Description

Nestled in the historic heart of Caernarfon, this detached home presents a compelling investment opportunity for buyers looking to capitalize on a property with renovation potential. The clever open-plan design enhances both space and light, creating a comfortable setting perfect for modern living or a holiday getaway. The layout features an open kitchen and living area that encourages social interaction, while the bedroom serves as a peaceful retreat away from the common areas. While currently functional, updates could significantly enhance its appeal. The external aspect of the property allows for personal touches and outdoor leisure opportunities, possibly including seating areas to enjoy the tranquil surroundings. Given its proximity to local amenities and breathtaking scenery of North Wales—including the iconic Caernarfon Castle and accessibility to Snowdonia National Park—this location will attract both residents and tourists alike. A recent structural survey has confirmed the soundness of the main dwelling but flagged subsidence issues in an extension deemed too costly to repair, suggesting it should be removed. This condition offers an intriguing chance for buyers to reimagine this space without incurring excessive remediation costs up front. With an estimated renovation budget of around £25,000 needed primarily for addressing these issues and enhancing overall functionality, prospective buyers can explore the vast potential this property holds.

Investment Analysis

(LL55 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£194/sq ft
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£86,249
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LL55)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +0.8%
5 year growth: +25.1%
Investment Disclaimer: Analysis based on LL55 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

Waunfawr, Caernarfon, Gwynedd
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£250
Based on a loan of £52,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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