We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · LL57 3TL
For saleReduced £10k (−7.7%) on 3 SepListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Gerlan Road in the village of Bethesda, this three-bedroom home offers an exciting opportunity for those seeking a renovation project with excellent potential.
Requiring extensive modernisation throughout, the property benefits from spacious accommodation, a generous rear garden and impressive views towards Penrhyn Quarry from selected rooms.
Steps lead down to the front entrance, with an alleyway providing access to the rear door and garden.
Internally, the living room and dining room are both well proportioned spaces, each enjoying windows overlooking the rear garden and offering an excellent foundation for creating comfortable family living areas.
The kitchen is compact and in need of improvement, however offers plenty of scope for redesign and personalisation. To the first floor are three bedrooms and a family bathroom.
The principal bedroom is a double room positioned to the rear of the property, enjoying views towards Penrhyn Quarry, whilst the third bedroom also benefits from the same attractive outlook.
Bedroom two overlooks the front of the property and provides a versatile small double or generous single bedroom.
The bathroom is fitted with a bath, WC and wash basin, with an additional cupboard housing the boiler. A spacious storage cupboard is also located on the landing.
Externally, the property benefits from a lawned and patio rear garden together with a spacious outdoor shed, offering useful storage or workshop potential.
Packed full of opportunity, this home would suit buyers looking to create and modernise a property to their own taste.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
.png)
FAQ
About 24, Gerlan Road, Bangor
Explore nearby