Porthmadog, LL49 9AJ

2-bedroom flat · LL49 9AJ

431 sq ft1 bathFantastic ground floor apartment · No onward chain · Short walk to the railway, harbour and the centre of town

Asking

£170,000

For saleListed 424 days

Chain free

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Opportunity summary

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About

The property

Tom Parry & Co are delighted to offer for sale this well appointed two bedroomed self contained apartment in the exclusive "Oakleys" development located in the heart of the busy harbour town of Porthmadog.

This ground floor property is double glazed throughout with an underfloor central heating system, affording contemporary low maintenance accommodation; all just a short walk from the harbour and the towns shops, leisure and other amenities.

The renowned Welsh Highland & Blaenau Ffestiniog heritage railway is also on its doorstep. Early viewing is highly recommended.

Our Ref: P1579 - Accommodation - All measurements are approximate Entrance Hallway - with intercom system and laminate flooring L Shaped Kitchen/Dining/Living Area - 7.276 x 4.68 overall (23'10" x 15'4" overall ) - Living Area - with dual aspect windows; 'French' doors to the front; space for dining table and chairs and laminate flooring Kitchen Area - with a range of two tone fitted wall and base units; 'French' doors to the rear; integrated electric oven with gas hob and extractor over; space for under counter fridge to peninsula island; space and plumbing for washing machine; inset stainless steel sink and cupboard containing wall mounted "i-mini" combi boiler Bedroom 1 - 3.22 x 3.169 (10'6" x 10'4") - with window to rear and carpet flooring Bedroom 2 - 4 x 2.36 (13'1" x 7'8") - with window to the rear and carpet flooring Bathroom - with panelled bath with shower over; pedestal wash basin; low level WC and heated towel rail Externally - Allocated parking for one vehicle Services - All mains services.

Underfloor heating throughout. Material Information - Tenure: Leasehold on 999 year lease with 980 years unexpired Service Charge: £140.70 per month Ground Rent: £250pa Currently a second home

Chain free

Key information

Price per sq ft

£394/sq ft

Based on 431 sq ft (40 sq m)

Floor area

431 sq ft (40 sq m)

Tenure

Leasehold

See leasehold details below

Heating

Ask agent

Local authority

Gwynedd - Gwynedd

Unitary Authority

Lease remaining

980 years

Property features

Fantastic ground floor apartment
No onward chain
Short walk to the railway, harbour and the centre of town
Self contained with modern fitted kitchen
Designated parking space
Second home

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

Short-let licence or registration needed

Wales: a statutory registration and licensing scheme for visitor accommodation is being introduced; register the property before letting.
Welsh councils can adopt a visitor levy on overnight stays (from April 2027 at the earliest); check whether this council has.

We're still gathering serviced-accommodation data for this area.

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Deal

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Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market424 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market424

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £170,00026 Aug 2025

Still activeDay 424 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.