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 work1-bedroom flat · LL52 0HQ
Listing removedListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**for sale by modern method of auction ** -The property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.
*Most contents available upon seperate negotiation* This character-full one bedroom apartment is located on the first floor within a tastefully converted former chapel.
Lying in the heart of Criccieth this stylish Grade II listed first floor Apartment offers low maintenance and contemporary living.
This beautifully appointed complex retains its charm and character with well-maintained communal areas and designated parking spaces, perfectly located to access the shops and beach.
With floor to ceiling original stained glass windows to one side of the lounge and spectacular sea views to the other, this property really does have the ‘wow factor’.
From the front door you walk into an inner hallway which leads through to an open plan lounge and kitchen with integrated appliances high ceilings and a tasteful décor.
To the other side is a double bedroom with original stone arch feature and a family bathroom. Externally there is an allocated parking bay and communal gardens.
The property is leasehold with approximately 120 years remaining with the residents owning the freehold; further information available at Beresford Adams, Porthmadog.
*Property is subject to a restriction on allowing pets* This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. The much sought after village of Criccieth offers a good range of shops, cafes, hotels, pubs, doctors and dental surgeries, primary school and beach.
The bustling towns of Porthmadog and Pwllheli are also situated close by providing a wider range of amenities and leisure facilities.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16,, Ty Criccieth, Criccieth
Explore nearby