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See how verdicts work3-bedroom house · LL40 1NE
For saleReduced £10.5k (−4.2%) on 1 SepListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a characterful semi-detached property on the southern edge of Dolgellau town centre, within a five minute walk of the woodland walks at Coed Y Pandy (Pandy Woods).
Old Wesley House has been modernised to an excellent standard whilst retaining its original character features such as stained glass window, exposed stone walls and timber beams.
Dolgellau, itself at the foot of Cader Idris, 16 miles north of Machynlleth.
Dolgellau is a pleasant market town set to either side of the River Wnion, a tributary of the River Mawddach and benefits from a good range of facilities and amenities.
The accommodation comprises: Ground Floor: Porch (3'3 x 4') Lounge & Diner (12' x 19'9) with cast iron bio-ethanol burner in a traditional Swedish style, and a pair of characterful stone-lintelled bread oven recesses set into the original walls.
Modern Kitchen (9'4 x 13'1) with exposed stone walls, stained glass window, original floor and French doors to rear courtyard.
First Floor: Shower Room (8'1 x 11'5) with walk-in shower, heated towel rail and Airing Cupboard housing the logic gas boiler.
Bedroom 1 (10'8 x 12'1) Bedroom 2 (9' x 10'5) Second Floor: Bedroom 3/Office (11'7 x 20'1) with Skylight and views over the town and nearby hills. At the rear, an enclosed courtyard.
Outbuilding with power and light, in good condition with natural slate roof and wall mounted gas meter. Beyond the outbuilding, small enclosed plot and on-street parking available at the rear.
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
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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.
Area
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FAQ
About Old Wesley House,, South Street, Gwynedd
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