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Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd LL54 - Image 1
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Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd LL54

Wales

£375,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
885 sqft

Description

Nestled in the heart of picturesque countryside, this three-bedroom detached cottage presents a remarkable chance for renovation enthusiasts and investors. The property currently operates as a successful holiday rental, underscoring its viability as an income-generating asset or a tranquil home for those seeking a rural lifestyle. Approached via a recently upgraded gravel track leading to a stone-walled boundary and farm gate, the property is accessible with ease. The spacious gravel driveway includes electric vehicle charging capabilities, adding to its modern conveniences. The exterior of the cottage is complemented by a sloped slate-covered terrace complete with hot tub, designed to capitalize on scenic views over the Menai Strait towards Anglesey and the striking backdrop of Yr Eifl and Nantlle Ridge. There is also an additional plot that holds significant potential for development, subject to necessary planning permissions, making this an exciting investment opportunity. Internally, the cottage marries contemporary comfort with its charming traditional features. Entry into the home is through a practical front porch equipped with tiled flooring and an electric heater—ideal for storing coats and boots after outdoor activities. The inviting lounge boasts a log burner set within an attractive stone chimney breast and stylish laminate flooring that captures both warmth and aesthetic appeal. Towards the rear lies a functional kitchen diner that upholds the cottage’s charm while offering modern amenities. Fitted with essential appliances such as an LPG gas hob, oven, Belfast sink, integrated dishwasher, and fridge—with abundant natural light flowing in from a skylight—this space allows easy access to the garden area. The accommodation layout includes three bedrooms—two generous doubles—alongside a modern family bathroom featuring upscale fittings like a freestanding bath and walk-in shower. Enhancing comfort throughout is a newly installed LPG central heating system. Utilities are robustly supplied by a private borehole water source, septic tank sewage system, and mains electricity connections. This property combines its rural charm with modern upgrades and proven rental income potential, representing an exceptional opportunity to create your ideal countryside retreat or lucrative investment.

Investment Analysis

(LL54 area)

Above Market Value

This property is priced +110.4% above area average per sq ft

+110.4%
This Property
£424/sq ft
Area Average
£201/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£196,063
10% above area average per sq ft
Potential ROI
-52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (LL54)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -6.5%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on LL54 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

Clogwyn Melyn, Penygroes, Caernarfon, Gwynedd LL54
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE