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Mynytho, Nr Abersoch., LL53

Wales

£195,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
973 sqft

Description

This unique opportunity presents a detached cottage nestled within approximately one acre of land, offering breathtaking views of the sea and mountains from a serene rural environment. Positioned on an elevated south-facing plot, the property boasts panoramic sights over Cardigan Bay towards St Tudwal’s Island (East), Abersoch village, and the stunning Welsh mountain range in the background. While the cottage is in need of comprehensive renovation and refurbishment, it holds significant potential for transformation into a remarkable coastal home. Furthermore, there may be possibilities for redevelopment or replacement on this site, contingent upon obtaining the necessary planning permissions. The existing structure includes an entrance hall, sitting room with tiled fireplace, lounge with fireplace, kitchen, two bedrooms, and a bathroom. Although it requires extensive improvement, its prime location and spacious grounds make it an attractive option for buyers looking for a custom project in a sought-after area. Accessed via a long private driveway that enhances privacy and seclusion, the property also features approximately one acre of grounds complete with field enclosure, garage, and various outbuildings including five corrugated sheds. Located on the outskirts of Mynytho, this site is perfectly situated for exploring the picturesque villages and renowned beaches of the Llyn Peninsula. The vibrant seaside resort of Abersoch with its shops and leisure amenities is just 3.2 miles away. This is an exceptional opportunity for redevelopment in a stunning setting.

Investment analysis

(LL53 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£200/sq ft
Area Average
£263/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£281,114
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LL53)

Area prices are rising by +14.0% over the last 12 months
3 year growth: -7.3%
5 year growth: +18.8%
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

Mynytho, Nr Abersoch., 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
£737
Based on a loan of £146,250 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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