Cil Coed, Bangor, Gwynedd, LL57

This three-bedroom semi-detached home in Bangor presents a compelling opportunity for renovation enthusiasts. Priced at £120,000, this property stands out as exceptionally cheap compared to the local average of £203/sqf, making it an appealing acquisition for those looking to add value through improvements. The spacious layout includes two reception rooms and a compact galley-style kitchen, offering the potential for reconfiguration to enhance the living space. With a good-sized garden at both the front and rear, there is ample room to create an inviting outdoor area as well.

However, the property requires extensive renovation throughout, with notable wear and dated features evident in several rooms, including the living area and bedrooms. The exterior and garden also need attention, impacting curb appeal. Moreover, the all-in costs, which sum to approximately £245,000 when factoring in renovation, appear tight against local benchmarks, indicating that the project's economics may be a challenge. This is a full-gut programme, not a refresh, and potential buyers should be prepared for a significant investment in time and resources to transform this house into a modern home.