Stryd Y Farchnad, Caernarfon, Gwynedd, LL55
By Dafydd Hardy
£ 200,000
Reviews
2 out of 5 stars
Dafydd Hardy says ..
Located within the town walls of Caernarfon Castle, 7 Market Street is a great opportunity if you are looking to invest or expand your rental portfolio. This Grade II Listed substantial Town House has been divided into 5 self contained apartments generating a favourable return.
Property Oracle says ..
This property in Caernarfon, Gwynedd, presents a mixed opportunity. Located on Market Street, it benefits from a central position within a historic town with nearby schools and attractions. However, the property is in considerable need of renovation. The provided photographs depict various rooms with damaged walls, outdated fittings, and general disrepair. The property is described as being divided into 5 self-contained apartments, implying an investment opportunity. This will depend heavily on the costs involved in refurbishment. The lack of a garden or external space is a noteworthy drawback. The listed price must be assessed against the significant expenditure required to improve the condition of the apartments, and whether the resulting rental income, if letting the apartments, will prove worthwhile. This is an opportunity only for those with experience in property development and renovation, or those willing to invest heavily and manage such a project.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Sqft (est)
- 900.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 250,000.00 £Decreased by 19.52 %
- Est sale value
- 194,400.00 £Decreased by 33.74 %
- Average area rental value
- 898.00 £/moDecreased by 3.65 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.31 %Increased by 19.72 %
- Crime Rate
- 39.00 %Unchanged by 0.00 %
Agent Activity
Dafydd Hardy marked this listing as sold.
Dafydd Hardy created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Santes Helen | Welsh Establishment | 0.77 KM | |
| Ysgol Pendalar | Welsh Establishment | 1.14 KM | |
| Ysgol Syr Hugh Owen | Welsh Establishment | 1.55 KM | |
| Ysgol Yr Hendre | Welsh Establishment | 1.59 KM | |
| Ysgol Gynradd Maesincla | Welsh Establishment | 1.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stryd Fawr / High Street | £ 153,333 | 0 | 0.00 KM |
| Stryd y Castell / Castle Street | £ 0 | 0 | 0.00 KM |
| Pen Deitsh / Castle Ditch | £ 0 | 0 | 0.00 KM |
| Stryd y Plas / Palace Street | £ 0 | 0 | 0.00 KM |
| Cei Banc / Bank Quay | £ 106,940 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stryd Y Farchnad, Caernarfon, Gwynedd, LL55 | £ 200,000 | BUY | 4 / 10 | 0.00 KM |
| Market Street, Caernarfon, Gwynedd, LL55 | £ 230,000 | BUY | 6 / 10 | 0.02 KM |
| Market Street, Caernarfon, Gwynedd, LL55 | £ 265,000 | BUY | Unknown | 0.03 KM |
| High Street, Caernarfon, LL54 | £ 340,000 | BUY | 6 / 10 | 0.04 KM |
| Stryd Fawr, Caernarfon, Gwynedd, LL55 | £ 125,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Market Street | £ 143,000 | 0.02 KM |
| 21 Market Street | £ 140,000 | 0.02 KM |
| 23 Market Street | £ 300,000 | 0.02 KM |
| 25 Market Street | £ 60,000 | 0.02 KM |
| 19 Market Street | £ 165,000 | 0.02 KM |