2-bedroom bungalow · LL53 5RH
For saleReduced £24k (−9.9%) on 7 SepListed 131 days
Opportunity summary
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About
Crynodeb | summary: Cyfle arbennig i brynu byngalo golau braf sydd angen ei foderneiddio tu mewn. Prime opportunity to purchase a bright and airy bungalow in need of internal upgrading.
Croeso | welcome: Byngalo unigol ar blot cornel yn mwynhau golygfeydd i lawr am y brif ffordd sydd yn arwain i Bwllheli.
Gyda gerddi sylweddol i'r tu blaen a tu ol, mae Bryn Meirion angen ei foderneiddio tu mewn ac felly yn gyfle arbennig i'r prynwr newydd rhoi stamp ei hun ar yr eiddo.
Detached bungalow located on a raised corner plot, enjoying open views over neighbouring properties and the main road leading into Pwllheli. There are lawned manageable gardens to the front and rear.
Excellent opportunity for the new purchaser to modernise the property internally to their own specification.
Bryn Meirion has been tenanted for over 25 years and requires full internal modernisation which will become apparent during inspection.
The bungalow has been externally refurbished in the form of uPVC double glazed windows and doors as well as being re-rendered in 2024.
The accommodation offers a spacious entrance hall with storage cupboards, a light and airy lounge/dining area, kitchen/breakfast area, 2 good sized bedrooms, plus bathroom with w.c.
There is access from the kitchen to a covered passage which leads into the garage. There is a graded driveway which provides off road parking.
Erwenni Estate is a popular, highly sought after residential area on the outskirts of town, having a conveniently located bus stop on the main road.
Pwllheli offers an abundance of shopping, leisure and sporting venues as well as beaches, promenade and railway station. Cyntedd | porch: Covered open porch area with tiled floor.
Cyntedd | entrance hall: UPVC double glazed door and window. 2 storage cupboards. Radiator. Access to roof space.
Lolfa gyda lle bwyta | lounge/dining area: - 5.45m x 4.31m (17'11" x 14'2") uPVC double glazed windows and double doors leading to the front raised patio area enjoying open views over the garden.
Tiled open fireplace and hearth. Gas fire point. Radiator. Cegin | kitchen/breakfast area: - 3.8m x 3.56m (12'6" x 11'8") Stainless steel sink unit. Fitted base and wall cupboards.
'Kenwood' gas range with 2 ovens (as seen). Wall mounted 'Worcester Bosch' combi boiler (installed 01/2024). Tiled surround. Corner cupboard. Radiator. UPVC double glazed window.
Llofft 1 | bedroom 1: - 3.63m x 3.33m (11'11" x 10'11") uPVC double glazed window. Double fitted wardrobe. Radiator. Llofft 2 | bedroom 2: - 4.25m x 3.34m (13'11" x 11'0") uPVC double glazed window.
Single fitted wardrobe. Radiator. Ymolchfa | bathroom: - 2.49m x 2.03m (8'2" x 6'8") Maximum measurements. Suite of panelled bath, pedestal washbasin, low level w.c. Over bath shower attachment.
Radiator. Tiled surround. UPVC double glazed window. Cyntedd ochr | link covered side passage: With doors at either end. Garej | garage: - 2.87m x 5.4m (9'5" x 17'9") Up and over door. Service meters.
Tu allan | outside: Lawned front garden with established shrubs. Rear lawned garden. Raised patio providing a sunny sitting out area with access from the lounge or front garden.
Parking on the driveway. Perchnogaeth | tenure: Freehold with vacant possession. Gwasanaethau | services (not tested): We believe that mains electric, water, drainage and gas are connected.
Tystysgrif ynni | energy performance certificate: Tbc. Cyfarwyddiadau | directions: Proceed out of Pwllheli and take the last access on the right (filter lane) onto Erwenni.
Turn left and follow the road up to Bryn Meirion which is located on the left hand corner. Map coordinates: 52.886810 -4.430664 What3Words: ///trappings.collision.present
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Bryn Meirion, Ala Road, Pwllheli
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