3 Bed Detached House, Planning Permission, Caernarfon, LL55 3HP, £350,000

Deiniolen, Caernarfon, Gwynedd, LL55 3HP - a year ago

Sold STC
Planning
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£80K - £372K
Sold Prices/m²£777/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£203,513

 

 

End Value (After Refurb)

£204,980

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£17,500

Refurb Costs

£37,686

Bridging Loan Interest

£9,188

Total Cash In

£153,623

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£204,980

Mortgage (After Refinance)

£153,735

Mortgage LTV

75%

Cash Left In

£153,623

Equity

£51,245

Rent Range

£750 - £1,500

Rent Estimate

£750

Running Costs/mo

£811

Cashflow/mo

£-61

Cashflow/yr

£-727

Gross Yield

3%

Local Sold Prices

39 sold prices from £80K to £372K, average is £160K. £777/m² to £2.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£90K10/200.04 mi6, Caradog Place, Deiniolen, Caernarfon, Gwynedd LL55 3HS3
£134K05/230.04 miManor House, High Street, Deiniolen, Caernarfon, Gwynedd LL55 3HR3
£80K08/210.04 miChester House, High Street, Deiniolen, Caernarfon, Gwynedd LL55 3HR3
£130K11/200.05 mi14, Marian Terrace, Deiniolen, Caernarfon, Gwynedd LL55 3HT3
£168.5K08/230.05 mi11, Rhes Faenol, Deiniolen, Caernarfon, Gwynedd LL55 3HW3
£108K09/230.1 mi3, Green Terrace, Deiniolen, Caernarfon, Gwynedd LL55 3LE3
£81K05/230.13 mi4, View Terrace, Deiniolen, Caernarfon, Gwynedd LL55 3LB3
£148K11/210.22 mi21, Hafodoleu, Deiniolen, Caernarfon, Gwynedd LL55 3LP3
£80K12/200.22 mi21, Hafodoleu, Deiniolen, Caernarfon, Gwynedd LL55 3LP3
£160K06/230.25 mi23, Pentre Helen, Deiniolen, Caernarfon, Gwynedd LL55 3LN3
£100K07/210.25 mi16, Pentre Helen, Deiniolen, Caernarfon, Gwynedd LL55 3LN3
£105K03/240.3 mi80, Pentre Helen, Deiniolen, Caernarfon, Gwynedd LL55 3LW3
£165K04/230.3 mi67, Pentre Helen, Deiniolen, Caernarfon, Gwynedd LL55 3LW3
£95K11/220.32 mi92, Pentre Helen, Deiniolen, Caernarfon, Gwynedd LL55 3LW3
£185.6K11/200.91 mi8, Bro Elidir, Dinorwic, Caernarfon, Gwynedd LL55 3EL3
£197.3K12/200.91 mi6, Bro Elidir, Dinorwic, Caernarfon, Gwynedd LL55 3EL3
£220K03/230.91 mi8, Bro Elidir, Dinorwic, Caernarfon, Gwynedd LL55 3EL3
£140K03/241.27 mi2, Orwig Terrace, Brynrefail, Caernarfon, Gwynedd LL55 3NY3
£170K07/211.64 mi10, Well Street, Llanberis, Caernarfon, Gwynedd LL55 4EW3
£147K06/211.64 mi41, Caeau Gleision, Rhiwlas, Bangor, Gwynedd LL57 4UA3
£175K12/221.64 mi45, Caeau Gleision, Rhiwlas, Bangor, Gwynedd LL57 4UA3
£180K12/231.67 mi14, Turner Street, Llanberis, Caernarfon, Gwynedd LL55 4ES3
£160K10/201.68 mi112, Cae Glas, Rhiwlas, Bangor, Gwynedd LL57 4HG3
£180K06/211.68 mi98, Cae Glas, Rhiwlas, Bangor, Gwynedd LL57 4HG3
£185K03/231.71 miBronallt, Olgra Terrace, Llanberis, Caernarfon, Gwynedd LL55 4HS3
£145K02/211.71 mi28, Goodman Street, Llanberis, Caernarfon, Gwynedd LL55 4HL3
£135K03/211.73 mi35, Caeau Gleision, Rhiwlas, Bangor, Gwynedd LL57 4EW3
£135.5K06/221.73 mi16, Caeau Gleision, Rhiwlas, Bangor, Gwynedd LL57 4EW3
£210K02/231.74 miTy Crwn, Rock Terrace, Llanberis, Caernarfon, Gwynedd LL55 4LA3
£372K11/221.79 mi2, Gwel Y Mynydd, Llanberis, Caernarfon, Gwynedd LL55 4GA3
£227K12/221.79 mi7, Hafod Lon, Rhiwlas, Bangor, Gwynedd LL57 4GD3
£158K05/211.81 mi34, Bro Rhiwen, Rhiwlas, Bangor, Gwynedd LL57 4EL3
£174K05/211.81 mi27, Bro Rhiwen, Rhiwlas, Bangor, Gwynedd LL57 4EL3
£266.5K01/241.85 mi12, Frongoch, Llanberis, Caernarfon, Gwynedd LL55 4LE3
£252K07/231.86 mi2, Bryn Terrace, Cwm-y-glo, Caernarfon, Gwynedd LL55 4DH3
£187.1K11/211.96 mi14, Ceunant Street, Llanberis, Caernarfon, Gwynedd LL55 4SP3
£232K05/211.98 mi33, Maes Padarn, Llanberis, Caernarfon, Gwynedd LL55 4TE3
£140K04/211.99 mi14, Dolafon, Cwm-y-glo, Caernarfon, Gwynedd LL55 4DB3
£124K01/211.99 mi10, Dolafon, Cwm-y-glo, Caernarfon, Gwynedd LL55 4DB3

Local Rents

9 rents from £750/mo to £1.5K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80005/240.94 miFachwen, Caernarfon, Gwynedd, LL552
£1,40004/251.58 mi-3
£1,50003/251.59 mi-3
£75004/251.65 mi-1
£75005/241.76 miTy Gwyn, Carreg y Gath2
£75006/241.76 miTy Gwyn, Carreg y Gath2
£95009/241.85 mi-3
£75007/232.46 mi-3
£85012/242.46 mi-3

Local Area Statistics

Population in LL55

21,443

Population in Caernarfon

32,819

Town centre distance

4.93 miles away

Nearest school

0.20 miles away

Nearest train station

5.28 miles away

 

 

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

+1%

Property History

Price changed to £350,000

December 4, 2024

Listed for £360,000

February 23, 2024

Floor Plans

Description

  • Beautiful Stone Built Detached Farmhouse +
  • Far Reaching Mountain Views +
  • Spacious Reception Room With An Inglenook Fire +
  • Wide Inner Hallway +
  • Generous Size Kitchen/Diner +
  • 3 Bedrooms & Stylish Bathroom +
  • Newly Built Extension To The Side +
  • Good Size Garden +
  • Detached Outbuilding With Planning Permission +
  • Attached Single Garage & Separate Detached Garage +

With lots of original features, this spacious Detached Farmhouse boasts 3 Bedrooms, a lovely lounge and a traditional farmhouse Kitchen. Outside, there’s even a detached barn with planning permission.

Set on the edge of the popular rural village of Deiniolen this impressive traditional farmhouse complete with a Detached Outbuilding, is a great opportunity if you are looking for a spacious family home with lots of potential. The main building has been sympathetically renovated over the past few years and just needs a touch of “finishing off” to complete. A new single storey extension is to the side and provides a large open space with an uncompleted shower room. The main accommodation briefly consists of a welcoming Entrance Porch that leads straight into the main Lounge. Here you will find a spacious room that has been fitted with a bamboo floor that perfectly complements the original stone Inglenook fireplace. Within the inglenook fire is a large cast iron log burner that sits neatly upon a local slate hearth. There’s even a remote controlled movie screen that drops down from the ceiling! Beyond the wide inner Hallway is the light and spacious Kitchen/Diner that features not 1 but 2 stone fireplaces and is fitted with light wood base and wall units, topped with a wood effect work surface. The Kitchen is also equipped with an electric cooker and a washing machine point. Upstairs on the first floor is a large Double Bedroom that features a beautiful wood floor as well as exposed roof beams that add to the buildings character. Further along the landing are a further 2 more bedrooms, a Double bedroom and an unfinished Single Bedroom, currently both access via the same door, the owner will create a partition so these will have separate entrances and will be completed before completion of sale. All are served by a stylish part tiled Bathroom that is fitted with a white Bath suite with an over bath shower unit. The house is warmed by a modern air source heat pump and under floor heating that runs throughout the ground floor and also benefits from uPVC Double Glazing. The property is approached along a single track lane that provides an off road parking area in front of the attached Single Garage. To the side is a Detached stone built outbuilding that has recently had planning permission to convert into a separate 2 bedroom dwelling (C22/0883/18/DT), as well as a detached Garage. To the front of the house is a generous size lawn garden that features mature trees, flowering bushes and a carpet of snowdrops during late January and early February. At the end of the garden you can enjoy a beautiful view of the foothills of Snowdonia. With so much to offer, this great opportunity won’t be available for long, so be quick and book a viewing now.

Agent Details

Dafydd Hardy, Caernarfon

01286 800536

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪