Tom Parry & Co says ..

Property Oracle says ..

This property is a former public convenience block located on Manod Road in Blaenau Ffestiniog, Gwynedd. The listing highlights its potential for conversion, presenting a unique opportunity for developers or those with renovation experience. The stone structure appears structurally sound, although it is clearly dated and requires significant renovation works. Images reveal that the roof has developed significant weed and moss growth indicating neglect. The lack of information on the plot size and internal square footage limits a comprehensive assessment. The surrounding area comprises other residential properties and is in proximity to schools and transport links. However, the immediate vicinity of the cemetery might be a factor for potential buyers. In terms of pricing, the listing price of £15,000 reflects the property’s condition and the substantial investment needed to turn it into a livable space. The nearby property prices show a large range; suggesting that prices are highly variable depending upon the type of property and size. Local comparable properties, show values from as low as £71,000 to £360,000, depending on the type of property and its quality. Therefore, whilst seemingly low, the overall cost of the purchase and necessary conversion needs to be considered. The lack of key details such as square footage, plot size and the condition of the internal structure prevents a more precise valuation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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