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Rhosfawr, Pwllheli LL53

Wales

£195,000
Listed on 27/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique freehold cottage presents a notable opportunity for renovation and investment in a tranquil rural setting, conveniently located near both Y Ffor and Pwllheli. The property is set on a generous plot with ample grounds, providing a canvas for those looking to create a bespoke living space or enhance the existing structure. Originally granted planning consent in 2009 for the construction of a single-storey extension at the rear, this potential for expansion adds significant value. Although this consent has since lapsed, there is an established history of groundwork being initiated shortly after its approval, signaling that preliminary steps have already been taken toward realizing expansion plans. The current state of the cottage allows for full customization and modernization, making it an appealing project for buyers seeking to invest in property enhancement. Furthermore, the location holds promise not only for residential enjoyment but also as an investment opportunity given the rising interest in rural living spaces. Prospective buyers are encouraged to explore updated planning permissions and consider how they can best leverage this property's potential.

Investment Analysis

(LL53 area)
Area Average
£264/sq ft

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LL53)

Area prices are falling by +8.7% over the last 12 months
3 year growth: -17.9%
5 year growth: 18.6%
Investment Disclaimer: Analysis based on LL53 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Rhosfawr, Pwllheli LL53
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