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32 Erwenni, Pwllheli, LL53

Wales

£242,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1054 sqft

Description

This property presents a promising opportunity to acquire a detached bungalow situated on a raised corner plot with pleasant views over the surrounding area and the main thoroughfare into Pwllheli. The property, though requiring significant internal modernization, features spacious gardens both at the front and rear, offering potential for outdoor enhancement as well. Internally, the bungalow has remained tenant-occupied for over 25 years and shows signs of needing comprehensive updating which can be discerned upon viewing. Externally, improvements have already been made with uPVC double-glazed windows and doors installed alongside a re-rendering completed in 2024. The layout includes a welcoming entrance hall with storage options, an inviting lounge/dining area filled with natural light thanks to large windows, a kitchen/breakfast space that boasts basic fittings, two adequately sized bedrooms, and a bathroom that will benefit from modern fixtures and fittings. The access from the kitchen leads to a covered side passage connecting to the garage. For parking convenience, there is a driveway in place. Located within the desirable Erwenni Estate on the outskirts of Pwllheli, this residence enjoys easy access to local amenities including shopping venues, recreational facilities, beaches, and transportation services. With its potential for refurbishment tailored to personal tastes and preferences, this bungalow is an excellent canvas for investors or homeowners looking to imprint their style on a property.

Investment Analysis

(LL53 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£230/sq ft
Area Average
£262/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£304,053
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LL53)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -12.5%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on LL53 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

32 Erwenni, Pwllheli, LL53
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£914
Based on a loan of £181,500 over 30 years at 4.45% 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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