Dafydd Hardy says ..

Property Oracle says ..

The property is a 3 bedroom detached house located in Penisarwaun, Caernarfon, Gwynedd, with a list price of £250,000. The property is in need of significant renovation. The images show considerable damage to walls and flooring throughout. The kitchen and bathroom are dated and require complete modernisation. The property has a sizeable garden, which is a positive aspect. The plot size is not explicitly stated but appears to be substantial based on the provided images. The average house price in the area is £307,593, and the average price per square foot is £347. While the property is significantly below the average price, its condition necessitates substantial investment. The cost of renovation will likely impact the overall value proposition. Nearby properties are a mix of terraced and detached houses, with prices ranging from £77,000 to £512,475. This range highlights the variability in property values within the area, influenced by factors such as size, condition, and location. The location is rural, offering proximity to Ysgol Gymuned Penisarwaun (0.69 km). Train stations in Bangor (Gwynedd) and Llanfairpwll are within a reasonable driving distance, approximately 7.61 km and 8.67 km respectively. The lack of nearby shops and amenities may be a factor for some buyers. Considering the required renovations, the list price may be reasonable for a buyer willing to undertake a full refurbishment. However, the substantial work needed must be factored into any purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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