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 work2-bedroom house · LL56 4QL
Listing removedListed 339 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Here is a great opportunity if you are looking for a project to develop.
Set above Felinheli this Detached, 2 Bedroom Bungalow offers huge potential and comes with a large outbuilding and an extensive garden.
Set in a highly sought after location, above the popular village of Y Felinheli, this spacious Detached Bungalow is in need of renovation or if you are feeling adventurous, a complete rebuild to take advantage of the unique site and its far-reaching countryside views.
The current accommodation briefly consists of a spacious dual aspect Lounge with a stone-faced fireplace, a generous size Kitchen/Diner and 2 Double Bedrooms.
Both areas served by a fully tiled Shower room with a white Wc Suite. At the rear of the property is a long sunroom with French doors that open into the rear garden.
Outside, to the side of the property is a spacious off-road parking with an extra-large Detached Garage/Workshop, whilst to the rear is an extensive garden area with mature trees and several garden storage sheds.
So, if you are looking for a project, then we highly recommend you book a viewing soon to be the first to fully appreciate this great opportunity in a delightful location.
Porch Entrance Hall Lounge 4.65m x 5.21m max dimensions Kitchen 4.24m x 3.11m max dimensions Side Porch Utility Room 2.76m x 1.36m Sun Room 5.18m x 1.36m Bedroom 1 4.21m x 3.41m max dimensions Bedroom 2 2.6m x 3.11m Shower Room 4.21m x 1.8m max dimensions Garage/Workshop 7.58m x 8.23m max dimensions Council Tax The property is council tax band E.
Services We are informed by the seller this property benefits from Mains Water, Electricity and Private Drainage (septic tank).
Ofcom checker suggests fibre is available, and outdoor mobile coverage is good. Heating LPG Central Heating. The agent has tested no services, appliances or central heating system (if any).
Tenure We have been informed the tenure is freehold with vacant possession upon completion of sale. Vendor’s solicitors should confirm title.
Council Tax Band The property is council tax band E.
Disclaimer Dafydd Hardy Estate Agents Limited for themselves and for the vendor of this property whose agents they are to give notice that: (1) These particulars do not constitute any part of an offer or a contract.
(2) All statements contained in these particulars are made without responsibility on the part of Dafydd Hardy Estate Agents Limited.
(3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact.
(4) Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
(5) The vendor does not make or give and neither do Dafydd Hardy Estate Agents Limited nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
(6) Where every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and (truncated)
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
Agent & docs

FAQ
About Bryn Y Waen, Y Felinheli, Gwynedd, LL56
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