Fine & Country North Wales says ..

Property Oracle says ..

The property is a 5-bedroom bungalow located in Upper Morannedd, Criccieth, Gwynedd, with a list price of £500,000. The property has 2,026 sqft of living space and is situated in a desirable coastal location. Criccieth is a popular seaside town in North Wales, known for its castle and beautiful beaches. The property’s location offers stunning sea views, as shown in the photos. The proximity to Criccieth town centre, with its amenities and transport links, makes it a convenient location. The nearby railway station provides access to other parts of Wales. Several schools are within a reasonable distance, although the Ofsted ratings are not provided. Based on the images, the property appears to be in need of significant modernisation and updating. The interior décor is dated, and some areas show signs of wear and tear. The kitchen and bathrooms require complete refurbishment. The property would benefit from a full renovation to bring it up to modern standards. The plot size is not provided, but the photos reveal a garden and off-street parking. The presence of a garage is also a positive feature. Considering the average house price in the area is £307,593 and the average price per sqft is £347, the list price of £500,000 for this 2,026 sqft property seems high. However, the exceptional sea views and location could justify a premium price. A comprehensive renovation would also significantly increase the value of the property. A detailed cost analysis of the renovation work is needed to determine if the current list price represents good value.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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