2 Bed Detached House, Planning Permission, Bangor, LL57 2NJ, £279,950

Tyn Lon, Bangor, Gwynedd, LL57 2NJ - 2 views - 3 months ago

Planning
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£95K - £765K
Sold Prices/m²£1.5K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£181,113

 

 

End Value (After Refurb)

£257,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£69,988

Stamp Duty & Legal Fees

£11,096

Refurb Costs

£27,837

Bridging Loan Interest

£7,349

Total Cash In

£118,019

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£257,000

Mortgage (After Refinance)

£192,750

Mortgage LTV

75%

Cash Left In

£118,019

Equity

£64,250

Rent Range

£290 - £1,906

Rent Estimate

£776

Running Costs/mo

£978

Cashflow/mo

£-202

Cashflow/yr

£-2,428

Gross Yield

3%

Local Sold Prices

50 sold prices from £95K to £765K, average is £175K. £1.5K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£285K10/220.28 mi6, Ffordd Crwys, Bangor, Gwynedd LL57 2NT2
£175K11/220.46 mi2, Ffordd Tyn Clwt, Bangor, Gwynedd LL57 2LU2
£295.2K11/220.62 mi5, Ffordd Gwyndy, Penrhosgarnedd, Bangor, Gwynedd LL57 2EX2
£240K03/231.08 mi1, Cambria Road, Menai Bridge, Isle Of Anglesey LL59 5HF2
£183K04/211.12 mi5, New Street, Menai Bridge, Isle Of Anglesey LL59 5HN2
£300K08/211.13 mi8, Beach Road, Menai Bridge, Isle Of Anglesey LL59 5HB2
£180K07/211.18 mi6, Chapel Street, Menai Bridge, Isle Of Anglesey LL59 5HW2
£180K07/211.18 mi6, Chapel Street, Menai Bridge, Isle Of Anglesey LL59 5HW2
£110K11/211.33 mi457, Caernarfon Road, Bangor, Gwynedd LL57 4TA2
£131K05/231.33 mi407, Caernarfon Road, Bangor, Gwynedd LL57 4TA2
£179.9K12/211.34 mi3, Menai Terrace, Menai Bridge, Isle Of Anglesey LL59 5EL2
£175K01/241.38 mi4, Bryn Bras Terrace, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5HX2
£141.3K12/201.38 mi4, Bryn Bras Terrace, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5HX2
£225K12/221.38 mi8, Askew Street, Menai Bridge, Isle Of Anglesey LL59 5EG2
£245K08/231.39 mi1, Maes Tyddyn To, Menai Bridge, Isle Of Anglesey LL59 5BF2
£97.5K02/231.4 mi373, Caernarfon Road, Bangor, Gwynedd LL57 4SH2
£277K05/221.4 miPenmaen, Lon Dryll, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5PQ2
£187.5K08/221.44 mi8, Mountain View, Menai Bridge, Isle Of Anglesey LL59 5EN2
£765K02/211.44 miMin Y Mor, Menai Ville Terrace, Menai Bridge, Isle Of Anglesey LL59 5ES2
£202.5K09/221.44 mi58, High Street, Menai Bridge, Isle Of Anglesey LL59 5EF2
£125K08/211.45 mi3, Mountain View, Menai Bridge, Isle Of Anglesey LL59 5EN2
£106K02/211.46 mi7, Penchwintan Terrace, Bangor, Gwynedd LL57 2AQ2
£104K10/211.49 mi316, Caernarfon Road, Bangor, Gwynedd LL57 4SG2
£148K06/231.49 mi324, Caernarfon Road, Bangor, Gwynedd LL57 4SG2
£160K01/211.49 mi18, Lon Ganol, Menai Bridge, Isle Of Anglesey LL59 5LU2
£155K10/221.52 mi80, Stad Ty Croes, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5JR2
£119K11/201.52 mi78, Stad Ty Croes, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5JR2
£275K07/221.54 mi5, Aber Cottages, Y Felinheli, Gwynedd LL56 4JY2
£252.5K08/231.55 mi2, Caerhun Cottages, Caerhun, Bangor, Gwynedd LL57 4DT2
£275K11/201.57 mi2, Tyddyn Pwyth, Llanfairpwllgwyngyll, Gwynedd LL61 6PE2
£225K10/221.58 miDeva, Ffordd Caergybi, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5TX2
£170K04/211.58 mi13, Bron Fedw, Menai Bridge, Isle Of Anglesey LL59 5BS2
£170K05/231.58 mi21, Tan Y Graig, Bangor, Gwynedd LL57 4SD2
£145K01/241.58 mi15, Tan Y Graig, Bangor, Gwynedd LL57 4SD2
£219.9K11/201.59 mi45, Penlon, Menai Bridge, Isle Of Anglesey LL59 5NE2
£245K08/231.59 mi120, Penlon, Menai Bridge, Isle Of Anglesey LL59 5NE2
£249.9K09/231.59 mi57, Penlon, Menai Bridge, Isle Of Anglesey LL59 5NE2
£180K05/231.59 mi118, Penlon, Menai Bridge, Isle Of Anglesey LL59 5NE2
£114K10/231.59 mi6, Victoria Square, Bangor, Gwynedd LL57 4SA2
£175K07/221.61 mi15, Lon Y Waen, Menai Bridge, Isle Of Anglesey LL59 5QH2
£158K11/201.62 mi18, Lon Y Wylan, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5JU2
£95K01/211.63 mi39, Hendrewen Road, Bangor, Gwynedd LL57 4RY2
£165K07/221.67 mi3, Hen Lon Dyfnia, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5AL2
£160K05/221.67 mi2, Derwen Deg, Menai Bridge, Isle Of Anglesey LL59 5EJ2
£154K11/221.68 mi10, Hen Lon Dyfnia, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5AL2
£140K09/211.68 mi2, Hen Lon Dyfnia, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5AL2
£118K12/221.68 mi1, Williams Terrace, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5JA2
£195K08/231.68 mi27, Tyddyn Isaf, Menai Bridge, Isle Of Anglesey LL59 5DA2
£215K08/231.68 mi15, Tyddyn Isaf, Menai Bridge, Isle Of Anglesey LL59 5DA2
£157.5K12/221.69 mi4, Maenafon, Llanfairpwllgwyngyll, Isle Of Anglesey LL61 5JP2

Local Rents

50 rents from £290/mo to £1.9K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£1,15005/240.33 miCilfach Crwys, Penrhosgarnedd, Bangor, LL573
£1,20005/240.62 miFfordd Gwyndy, Bangor3
£1,20005/240.62 miFfordd Gwyndy, Bangor3
£1,10005/240.62 miTan Y Coed, Penrhosgarnedd3
£85004/250.85 mi-2
£81010/230.85 mi-2
£67504/241.01 mi-1
£67505/241.02 miLlys Garnedd, Penrhosgarnedd, Bangor, LL571
£82501/251.03 mi-2
£75005/241.08 miCulfor, Cambria Road1
£90005/241.14 miBron Y De, Bangor, Gwynedd3
£69505/241.16 miChapel Street, Menai Bridge, Isle Of Anglesey, LL592
£80002/251.27 mi-3
£60005/241.28 miMostic House, Menai Bridge1
£65009/241.3 mi-2
£90005/241.32 mi-3
£1,56005/241.33 miCaernarfon Road, Bangor, Gwynedd, LL573
£1,90605/241.33 miCaernarfon Road, Bangor, Gwynedd, LL574
£87505/241.39 miCaernarfon Road, Bangor2
£84905/241.46 miHolyhead Road, Bangor, Gwynedd1
£48505/241.46 miHolyhead Road, , Bangor5
£57605/241.46 miHolyhead Road, Bangor, Gwynedd1
£57605/241.46 miHolyhead Road, Bangor, Gwynedd1
£53705/241.46 miHolyhead Road, Bangor, Gwynedd6
£55905/241.46 miHolyhead Road, Bangor , Gwynedd7
£44605/241.46 miHolyhead Road, Bangor, Gwynedd9
£70005/241.46 miPenchwintan Terrace, Bangor2
£70006/241.46 miPenchwintan Terrace, Bangor2
£95005/241.49 miCaernarfon Road, Bangor4
£70012/241.51 mi-2
£75012/241.51 mi-2
£40706/241.54 miLon-Y-Glyder, Bangor5
£40706/241.54 miLon-Y-Glyder, Bangor4
£89506/241.55 miCae Gweithdy, Menai Bridge, Isle of Anglesey, LL593
£92505/241.55 miCil Y Graig, Menai Bridge3
£52905/241.57 miCaernarfon Road, Bangor, Gwynedd4
£55005/241.57 miCaernarfon Road, Bangor, Gwynedd5
£1,54305/241.57 miCaernarfon Road, Bangor, Gwynedd3
£1,03705/241.57 miApartment 2, Bangor, Gwynedd1
£50705/241.57 miCaernarfon Road, Bangor, 4
£1,52105/241.57 miCaernarfon Road, Bangor, Gwynedd3
£70005/241.57 miCaernarfon Road, Bangor, 3
£29005/241.58 miLon Ogwen, Bangor, Gwynedd5
£68005/241.59 miChurch Street, Bangor, Gwynedd1
£49805/241.6 miTrem Elidir, Bangor, Gwynedd5
£41205/241.6 miVictoria Square, Bangor, Gwynedd2
£36806/241.61 miLon Ogwen, Bangor5
£1,55010/241.61 mi-4
£34205/241.61 miLon-Y-Glyder, Bangor, Gwynedd3
£40705/241.61 miLon-y-Glyder, Bangor, Gwynedd5

Local Area Statistics

Population in LL57

27,579

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

1.69 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £279,950

February 4, 2025

Floor Plans

Description

  • LOUNGE +
  • DINING ROOM +
  • SUPERB KITCHEN +
  • TWO BEDROOMS +
  • LARGE BATH/SHOWER ROOM +
  • GAS CENTRAL HEATING +
  • FULL UPVC DOUBLE GLAZING +
  • PARKING FOR SEVERAL CARS +
  • DETACHED WORKSHOP +
  • PLANNING FOR LARGE KITCHEN EXTENSION +

The property is also being offered for sale with the benefit of full planning permission to build a single storey extension which would add a new kitchen/family room and allow for the existing bathroom to be moved to the original kitchen and thereby create a new third bedroom at first floor level. Plans illustrating the proposed extension can be viewed either online on the Gwynedd Council website (application number: C24/0511/25/DT) or at our office.

The property has been modernised to an exceptionally high standard throughout by the present owner and now has a number of features including a beautiful stone built Inglenook fireplace with a wood burning stove to the lounge, a period style panelled wall to the dining room, a superb re-fitted kitchen with a comprehensive range of Shaker style units having built-in appliances and a 5-burner gas Range, a walk-in wardrobe off the main bedroom, fitted wardrobes and storage cupboards to the second bedroom and a spacious re-fitted bath/shower room. Further features include wood effect luxury vinyl flooring to the porch, dining room and kitchen, deep window sills/seats with slate sills to a number of rooms, a useful floored attic with folding wooden ladder access, a beautifully landscaped garden with a workshop and a neat brick paved driveway which provides private off road parking for several cars.

The property is of stone/brick construction under a pitched slate roof.

DIRECTIONS: Proceeding out of Bangor along Holyhead Road and when you reach the roundabout shortly before the suspension bridge, take the first exit up Treborth Road and after just over 0.9 of a mile, turn right into Treborth. Continue along for approximately 75 yards and take the first turning on your left into Tyn Lon. The entrance to the property will then be found approximately 80 yards along on your right hand side.

THE ACCOMMODATION COMPRISES:

GROUND FLOOR

A uPVC double glazed front door opens into the

BUILT OUT PORCH 7' 0" (2.11m) x 4' 6" (1.36m) having wood effect luxury vinyl flooring and two uPVC double glazed side windows with slate sills.

LOUNGE 14' 2" (4.32m) x 11' 10" (3.60m) having a beautiful dressed stone Inglenook fireplace with a deep slate hearth, a wood burning stove and a slate lintel; a vertical radiator, a uPVC double glazed window with a deep slate sill, a downlighter over and a smoke detector alarm.
DINING ROOM 14' 4" (4.38m) x 10' 10" (3.30m) (max) having wood effect luxury vinyl flooring, an understairs storage cupboard, a period effect painted panelled wall, a uPVC double glazed window with a deep slate sill and a downlighter over, fitted shelving, a vertical radiator, a built-in utility cupboard having plumbing and waste pipe for a washing machine and adjustable walls shelves; three points for wall lights and a smoke detector alarm. The dining room then opens into the

KITCHEN 10' 11" (3.16m) x 10' 4" (3.34m) re-fitted with a beautiful range of Shaker style matching base and wall cupboard units having soft touch closures to the doors and drawers, a Belling 5-burner gas Range with a wide extractor canopy over, a fully integrated dishwasher, a fully integrated fridge freezer, an integrated eye level microwave oven, discreet worktop lighting beneath the wall cupboard units and solid wooden worktops with a Belfast sink having a swan-neck mixer tap. Wood effect luxury vinyl flooring to match the dining room, tiled splash backs to the worktops, a uPVC double glazed window with an attractive tiled sill and a downlighter, a high level electricity meter and consumer unit, three recessed ceiling downlighters, a carbon monoxide alarm, a smoke detector alarm and a uPVC double glazed external door providing independent rear access.

FIRST FLOOR

A straight flight staircase with a part painted spindle balustrade then leads up from the dining room to the first floor landing which has a smoke detector alarm and the following rooms off:

FRONT BEDROOM ONE 14' 3" (4.36m) x 11' 3" (3.42m) having a vertical radiator, a uPVC double glazed window with a deep sill/seat and a downlighter over, exposed pine 'A' framed roof timbers and purlins, a light oak veneered door and a solid light oak door opening into a

WALK-IN WARDROBE 4' 3" (1.28m) x 2' 8" (0.80m) having two hanging rails, a uPVC double glazed window and an internal light.

FRONT BEDROOM TWO 14' 3" (4.36m) x 7' 11" (2.42m) having two fitted wardrobes/ storage cupboards, a vertical radiator, a uPVC double glazed window with a deep sill/seat and a downlighter over, a light oak veneered door and a ceiling hatch with a folding wooden ladder giving access to a floored and insulated roof space having an internal light and a Worcester Greenstar 30i ErP wall mounted mains gas fired condensing 'combi' boiler with an integral digital programmer.

BATH/SHOWER ROOM 11' 0" (3.34m) x 8' 3" (2.52m) having a white suite comprising a roll top bath with mixer taps incorporating a hand held shower, a large tiled/glazed shower cubicle with dual showers including a 'monsoon', a wide fitted vanity unit with built-in toiletries cupboards and an integrated wash bowl and a WC low suite. Wood effect cushion flooring, a vertical column radiator incorporating a heated towel rail, a uPVC double glazed window with a deep sill and a downlighter over, two points for wall lights, a timed automatic extractor fan, a light oak veneered door and a high level vaulted ceiling with exposed pine purlins.

OUTSIDE

The property occupies a good sized plot with a neat lawned south facing front garden having a DETACHED WORKSHOP 13' 6" (4.12m) x 7' 9" (2.38m) having a uPVC double glazed window, power and light connected, a fluorescent strip light fitting and a uPVC double glazed door; a garden hose point, low level mains footpath lighting, external waterproof power points, a delightful paved patio with dressed stone walls, external lighting, a mature privet hedge, neat stained timber fencing, slate fencing, a wide brick paved driveway providing PRIVATE OFF ROAD PARKING FOR SEVERAL CARS and a matching path leading to the rear of the property where there is a brick built STORE SHED 6' 6" (2.00m) x 4' 0" (1.22m), a GARDEN W.C., an open wood store and a doorway providing INDEPENDENT REAR ACCESS on foot.

Agent Details

W Owen, Bangor

01248 663145

Next Steps?

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