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 bungalow · LL36 0DH
Listing removedReduced £10k (−2.9%) on 21 OctListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
38 Warwick Place offers a perfectly presented three-bedroom dormer bungalow, situated on a recently developed residential estate.
The home boasts high quality fixtures and fittings throughout, including integral kitchen appliances and en-suite bathroom.
With no onward chain, the property benefits from a spacious yet level plot, providing low maintenance living, in a modern property just a short distance from the sea front.
The property comprises of a spacious entrance hallway, with staircase to the first floor and understairs storage cupboard.
The well proportioned living room is located to the rear of the property, with ample space for furniture and patio doors opening to the rear garden.
Kitchen dining room, with window to the front of the home, complete with grey gloss fitted kitchen.
Benefitting from a ceramic sink and draining board, the property further boasts integral appliances including raised double oven, microwave, dishwasher and fridge freezer.
The kitchen provides plenty of space for a dining table, and access to a long single garage incorporating a utility area equppied with a stainless steel sink and drainer, hot and cold water supply as well as Miele washing machine & logic condensing drier.
Cold water tap for a hose adjacent to the door leading to the rear patio. Two bedrooms are located on the ground floor.
A spacious double room is located to the rear aspect, benefitting from a built in spacious single wardrobe.
A second double bedroom, located to the front of the home further benefits from built in wardrobe space.
The family bathroom comprises of shower of a P shape bath, with panelled surround, WC, washbasin and heated towel rail. The first floor features the master room, providing a large double bedroom.
The room benefits from an adjacent en-suite shower room, complete with large walk-in shower, WC and wash basin. The landing provides access to a handy walk in storage/linen cupboard.
Tywyn is a delightful coastal town on the shores of Cardigan Bay with a variety of shops, cinema, leisure centre, primary and high schools, cottage hospital, promenade, and sandy beach.
The area is surrounded by the famous Snowdonia National Park, which is renowned for its natural beauty, with Talyllyn Lake, Dyfi Estuary and Cader Idris nearby.
For golfing enthusiasts there is a championship course at nearby Aberdyfi. Sailing and all water sports are very popular at both Aberdyfi and Tywyn plus sea and river fishing within easy distance.
The front of the property benefits from a brick paved driveway, with parking for two vehicles. The front garden offers a low maintenance setting, primarily laid with decorative stone.
Gated access to the rear garden. The rear garden offers a spacious and low maintenance plot. Large patio adjacent to the home, leading to onward decorative stone. Access to both sides of the home.
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 38, Warwick Place, Gwynedd
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