3-bedroom bungalow · LL53 8DU
For saleListed 1351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern individually designed detached three bedroom bungalow with planning consent to build on a substantial garage, storage area above with cloakroom and wc.
Lying in the rural village of Sarn to the heart of the Lleyn Peninsula.
Sarn Meyllteyrn is a delightful rural village with an excellent local community spirit, offering facilities including a community hall, two public houses, a small general stores/ local butcher.
A filling station with newly built convenience store to the centre of the village.
The property is well situated for travelling to all the coastal scenic areas of the peninsula with the historic seaside village of Aberdaron located to the tip of the peninsula.
Graig Las stands on its own private plot, with excellent brick paved parking to the front and extending to the side elevation providing further parking space.
The internal accommodation is deceptively spacious with 3 generous bedrooms, a fitted kitchen and breakfast area, a utility room and modern bathroom suite.
Double glazing and oil fired central heating with a pleasant living room with patio doors to the paved garden.
The planning consent for the proposed attached garage was granted by Cyngor Gwynedd Council in 2020 reference Number C20/0465/32/dt and architect drawings of the proposed additions maybe inspected at the Abersoch Office.
Article 4 direction – This stipulates that a property that is currently used for residential purposes (lived in as a permanent home) will need planning permission for use as either a second home or holiday let.
If the property is an existing second home or mixed use (Second Home/holiday let) then planning for change of use is not required.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About Graig Las,, Sarn Mellteyrn, Gwynedd
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