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Llanrug, Caernarfon, Gwynedd LL55

Wales

£550,000

Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
2122 sqft

Description

This property presents an exciting opportunity for buyers looking to invest in a project with substantial potential. Situated on approximately 3 acres of land, the residence includes a detached family home alongside a former bakery, both requiring modernisation to unlock their full value. The main house features a welcoming entrance porch that leads into a spacious dining room, which connects to a bright lounge adorned with three double-glazed windows and an open fireplace that could serve as a focal point after updates. Adjacent is a compact conservatory providing views of the rear garden. The functional kitchen/dining area is equipped with base units and worksurfaces, flowing seamlessly into the ample conservatory. On the upper floor, three well-proportioned bedrooms await along with a family bathroom fitted with a four-piece suite. The former bakery stands out as an exceptional feature, offering conversion possibilities—ideal for creating accommodation for relatives or establishing a studio or home office (subject to the necessary planning permissions). Externally, the property boasts an expansive lawn garden complemented by mature trees and shrubs, alongside ample off-road parking options. Additional structures include an outbuilding/utility space and stables that enhance the outdoor appeal while presenting further avenues for development. With sweeping views of the Eryri Mountain Range and significant space for family living or investment purposes, this property is ripe for renovation.

Investment Analysis

(LL55 area)

Above Market Value

This property is priced +19.0% above area average per sq ft

+19.0%
This Property
£259/sq ft
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£508,389
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LL55)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +0.8%
5 year growth: +25.1%
Investment Disclaimer: Analysis based on LL55 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Llanrug, Caernarfon, Gwynedd LL55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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