Property · LL52 0DY
For saleListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A striking property situated in a prominent position in the charming village of Criccieth, just steps away from the seafront, presents a unique opportunity.
Currently operating as a thriving art gallery and framing business, this property has been converted to a high standard throughout.
It offers the flexibility to continue its current use, with the business potentially available for sale, or it can be offered with vacant possession.
This is an exceptional chance to own a beautifully appointed property in a desirable location, perfect for art enthusiasts or anyone looking to invest in a vibrant community.
The property is set over three floors, featuring several rooms dedicated to showcasing beautiful artwork.
In addition to the display areas, there are storage rooms for inventory, as well as a kitchen and bathroom for added convenience.
This versatile layout enhances the potential for its current use as an art gallery while providing functional spaces for day-to-day operations.
Whether you're looking to continue the business or transform the property for other residential or commercial purposes, this space offers a wealth of possibilities.
We highly recommend viewing to truly appreciate the opportunity this property presents. Tenure: Freehold Council Tax Band:tbc
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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
FAQ
About 1, Castle Terrace, Gwynedd
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