Bodfari, Denbigh, Denbighshire
Wales
£425,000Guide Price
Listed on 09/10/2026
Listed on 09/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1681 sqftFeatures
- Garden
- Parking
Description
Offered at auction, this detached three-bedroom home occupies grounds of approximately 0.69 acres on the edge of Bodfari. The property is associated with the history of the nearby Coed Llan Iron Mine and includes a substantial detached outbuilding with rooms on two floors. Subject to the necessary consents, the outbuilding may suit storage, workshop or home-business use, or could be considered for an alternative use.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: MEDIUM
Minehead has a distinctive canvas: a historic detached house on 0.69 acres, with a substantial outbuilding, parking yard and original fireplaces. The photographed interiors are dated, and the grounds would benefit from attention, giving scope to refresh the living spaces and improve the garden while making the most of the property’s character and setting. No clear major structural failure is visible in the submitted photographs.
The asking price is £253/sq ft, above the local average of £235/sq ft, so price is not a clear advantage. More importantly, the £425,000 asking price plus the £35,000–£65,000 refurbishment range puts likely purchase-and-works costs above the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. The plot and outbuilding give this project its appeal, but the numbers call for careful budgeting.
Worth weighing the all-in picture: the quoted refurb range (£50,000) on top of the asking price brings all-in exposure close to £475,000, about 17% ahead of typical local benchmarks for this size. That is why the overall grade stays low; we have not forecast value after improvement.
Key opportunities
- Refresh the dated photographed interiors, including the older kitchen and bathroom, while retaining and showcasing the fireplaces and the house’s historic character.
- Make better use of the 0.69-acre grounds, including the sweeping approach, parking yard and areas of long or dry growth.
- Explore possible uses for the substantial detached outbuilding, subject to its condition, lawful use and any required consents.
Key risks
- At £425,000 plus an estimated £35,000–£65,000 for works, the purchase-and-refurbishment cost is stretched against the local benchmark for the property’s floor area.
- Plan on something close to £475,000 when purchase and the £50,000 refurb range are added together, about 17% ahead of typical local benchmarks for this size; we have not assumed a post-renovation resale figure.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,606
Based on a loan of £318,750 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.
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