3-bedroom house · LL49 9AA
Listing removedListed 247 days
Opportunity summary
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About
Tom Parry & Co are delighted to offer for sale this fantastic property, nestled in the heart of popular harbour town of Porthmadog.
This substantial house on Bank Place presents an excellent opportunity for those seeking a blend of comfort and potential.
With two spacious reception rooms, this property offers ample space for both relaxation and entertaining.
The three well-proportioned bedrooms provide a perfect retreat for family members or guests, while the two bathrooms ensure convenience for all.
The central location of this home means you are just a stone's throw away from local amenities, shops, and the picturesque surroundings that Porthmadog has to offer.
Whether you are looking to enjoy the vibrant community or explore the stunning landscapes of North Wales, this property serves as an ideal base.
Moreover, the house boasts modernisation potential, allowing you to put your personal touch on the space and create your dream home.
With parking available for one vehicle, you will find practicality alongside charm in this delightful residence.
Our Ref: P1611 - Accommodation - All measurements are approximate Ground Floor - Utility - with worktop housing stainless steel sink; range of fitted wall units; space and plumbing for washing machine and dryer and door to yard Bathroom - with corner bath; low level WC and pedestal wash basin Front Hallway/Conservatory - 3.42 x 2.81 (11'2" x 9'2") - with double doors onto front courtyard and polycarbonate roof Living Room - with log burning stove set within brick and stone surround with built in storage to the side; carpet flooring and radiator Kitchen - 4.8 x 3.58 (15'8" x 11'8") - with a range of fitted wall and base units; one and a half bowl stainless steel sink and drainer; built in double oven; built in hob with extractor over; space and plumbing for dishwasher; part tiled walls and window to the front Dining Room - 5.4 x 3.57 - with raised area at rear; carpet flooring and French doors onto front patio First Floor - Landing - Bedroom 1 - 3.58 x 5.24 (11'8" x 17'2") - with fitted wardrobes; large picture window with views towards Cnicht; carpet flooring and radiator Bedroom 2 - 3.87 x 3.42 (12'8" x 11'2") - with carpet flooring and radiator Bedroom 3 - 2.66 x 1.9 (8'8" x 6'2") - with carpet flooring and radiator Bathroom - with fitted shower cubicle; low level WC; pedestal washbasin Externally - The property is accessed via large double timber gates that lead to the front courtyard with off road parking.
There are two sheds to the side of the house and an area of mature shrubs.
There is a loft storage area above the utility room which we understanding to have light connections and measures 5.94m x 2.51m.
Services - All mains services Material Information - Tenure: Freehold - the property is going through probate Council Tax: Band C No onward chain
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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About Bank Place, Porthmadog
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