Ffordd Fodolydd, Y Felinheli, Gwynedd, LL56
Wales
£475,000
Listed on 01/08/2026
Listed on 01/08/2026
The listing
Property details
Bedrooms
5Type
DetachedArea
1991 sqftFeatures
- Garden
Description
This versatile detached property presents a unique investment opportunity, having recently obtained full planning permission to demolish the existing dwelling and agricultural shed. The approved plans allow for the construction of a new family home along with several additional structures, including a standalone garage, workshop, and a new sewerage treatment plant. Set in a generous plot near Felinheli, this property offers ample space with existing outbuildings and barn facilities, ideal for transformation into a modern living environment. The layout currently includes five reception rooms and five bedrooms spread over two floors, making it suitable for various renovation approaches. Its peaceful countryside setting is complemented by stunning mountain views and proximity to local amenities in Felinheli, as well as easy access to Caernarfon and Bangor. This property is offered without an onward chain, providing a blank canvas for those looking to create their dream residence.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached five-bedroom house offers a substantial project on a large rural plot, with established trees, stone boundaries and a range of outbuildings. The interior needs a heavy programme of making-good: several rooms have worn finishes and damaged wall surfaces, the kitchen has a large ceiling opening, and the outbuildings show significant deterioration. The listing also states that full planning permission was granted for a replacement dwelling and associated structures; verify the permission and its feasibility before relying on it.
At £475,000, the asking price is broadly in line with the local £/sqf benchmark, so the entry price is not the main concern. The concern is that the asking price plus a mid-to-substantial works programme leaves the overall cost stretched against local benchmarks for this floor area; that comparison is with current local values, not a forecast of the finished property's value.
Key opportunities
- Rework the existing five-bedroom, five-reception layout into a more cohesive family home, with scope to shape the interior around the buyer's needs.
- The large, tree-lined plot and stone boundaries provide a distinctive setting, while the existing outbuildings offer scope to assess as part of the wider site plans.
- The listing states full planning permission for a replacement dwelling, garage, workshop and associated works; verify the consent and feasibility as a potential alternative to renovating the existing house.
Key risks
- Worn and damaged finishes across several rooms, a substantial kitchen ceiling opening and deteriorated outbuildings make this a heavy, multi-stage project; allow for a full interior rebuild programme rather than a cosmetic refresh.
- At a price close to the local £/sqf benchmark, adding a substantial works programme leaves costs stretched against local benchmarks for this floor area.
- All-in costs look stretched once the asking price and a mid-to-substantial refurb are combined, leaving a gap of around 17% versus area norms for this sqft — current-condition benchmarks only, not after-works GDV.
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Transport
Nearest stations
Llanfairpwll Rail Station
2.5 miles
Train · Llanfairpwllgwyngyll
Bangor (Gwynedd) Rail Station
2.5 miles
Train · Bangor
Llanfairfechan Rail Station
9.0 miles
Train · Llanfairfechan
Bodorgan Rail Station
10.2 miles
Train · Bodorgan
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,941
Based on a loan of £356,250 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-4.0% since listed
£475,000£20,000(-4.0%)
11/10/2026£495,000Initial listing
02/08/2026Services
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