Stryd Fawr, Llanon

This detached three-bedroom bungalow in Llanon presents a solid project for buyers looking to put their personal touch on a property. While the asking price of £220,000 may initially seem attractive, it's important to note that it is significantly above the local average at £364/sqf compared to £239/sqf. This makes it a dear option in the current market, especially when considering the projected costs of refurbishment ranging from £60,000 to £80,000, which pushes the all-in costs to around £280,000. This is quite a stretch against local benchmarks for the area, indicating that the economics may not be as favorable as they first appear.

Despite its price challenges, the property offers a good-sized garden area and a spacious interior layout, making it a canvas for those willing to undertake significant refurbishment. The dated kitchen and bathroom, along with general wear and tear throughout the living spaces, present ample opportunity for improvement. With potential hidden issues lurking beneath the surface, buyers should be prepared for the realities of a medium-scale renovation. However, the location near local amenities and the charm of the coastal village can make this an appealing investment for the right buyer willing to navigate the associated risks.