3-bedroom bungalow · LL38 2QY
Listing removedListed 228 days
Opportunity summary
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About
Situated within the popular coastal village of Fairbourne, 16 Ffordd Meirion is a well-presented and thoughtfully extended three-bedroom link-detached bungalow, enjoying a quiet position on the estate with delightful open views towards the surrounding hills and countryside from the front elevation.
The property has benefitted from recent energy-efficient upgrades, including the installation of an air source heat pump and solar panels in 2024/25, offering modern, low-maintenance living.
An entrance porch leads into a welcoming hallway with attractive wood-effect flooring.
The living room is positioned at the front of the property, taking full advantage of the excellent outlook towards the adjoining hills.
This spacious reception room is centred around an electric fireplace, creating a comfortable and inviting space.
The hallway opens into a bright dining area, enhanced by patio doors that lead through to the conservatory, allowing for an abundance of natural light.
The conservatory provides an additional versatile reception space, with glazing to three aspects and doors opening onto the rear patio.
A tiled floor adds practicality, making it an ideal room for year-round enjoyment.
The kitchen is well fitted with a range of base and wall units complemented by marble-effect laminate worktops and tiled splashbacks.
Features include a raised double oven, electric hob with integrated extractor fan, integrated washing machine, and a breakfast bar seating two.
The kitchen also opens into a useful lean-to side porch, offering excellent utility space and convenient access to both the front and rear gardens.
Bedroom one is a good-sized double room situated towards the rear of the property and benefits from built-in double wardrobes.
Bedroom two, created from the converted garage, is another double bedroom and includes an airing cupboard housing the hot-water cylinder, leading to an en-suite WC.
From the airing cupboard area, there is access to a rear workshop/store. Bedroom three is a sizeable room positioned at the front of the property.
The shower room is attractively finished with tiled walls, a vanity unit with wash basin, WC, and a corner shower enclosure with splash board panelling.
Externally, the front of the property offers a brick-paved, gated driveway providing parking for multiple vehicles, along with a selection of shrubs and planted beds.
The delightful rear garden has been thoughtfully arranged into several distinct sections.
Immediately adjoining the conservatory is a patio area with border shrubs and the air source heat pump, along with access to the workshop/store shed.
A gated pathway leads to a second patio featuring established shrubs, hedging, mature planting, a garden shed, and an attractive mosaic-pattern centrepiece.
Further gated access opens onto a level lawn bordered by additional shrubs and plants, together with a large garden shed. The garden enjoys a pleasant backdrop, backing onto a field.
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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FAQ
About 16, Ffordd Meirion, Gwynedd
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