Stryd Y Farchnad, Caernarfon, Gwynedd, LL55
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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 The provided photographs depict various rooms with damaged walls, outdated fittings, and general disrepair.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 %
from 310,625.00 £
Est sale value
194,400.00 £
Decreased by 33.74 %
from 293,400.00 £
Average area rental value
898.00 £/mo
Decreased by 3.65 %
from 932.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.31 %
Increased by 19.72 %
from 3.60 %
Crime Rate
39.00 %
Unchanged by 0.00 %
from 39.00 %

Agent Activity

  • Dafydd Hardy marked this listing as sold.

  • Dafydd Hardy created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Santes HelenWelsh Establishment0.77 KM
Ysgol PendalarWelsh Establishment1.14 KM
Ysgol Syr Hugh OwenWelsh Establishment1.55 KM
Ysgol Yr HendreWelsh Establishment1.59 KM
Ysgol Gynradd MaesinclaWelsh Establishment1.90 KM

Images

Picture No. 11 Picture No. 01 Picture No. 02 Picture No. 03 Picture No. 04 Picture No. 05 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 09 Picture No. 13 Picture No. 10 Picture No. 12 Picture No. 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Stryd Fawr / High Street £ 153,33300.00 KM
Stryd y Castell / Castle Street £ 000.00 KM
Pen Deitsh / Castle Ditch £ 000.00 KM
Stryd y Plas / Palace Street £ 000.00 KM
Cei Banc / Bank Quay £ 106,94000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stryd Y Farchnad, Caernarfon, Gwynedd, LL55 £ 200,000BUY4 / 100.00 KM
Market Street, Caernarfon, Gwynedd, LL55 £ 230,000BUY6 / 100.02 KM
Market Street, Caernarfon, Gwynedd, LL55 £ 265,000BUYUnknown0.03 KM
High Street, Caernarfon, LL54 £ 340,000BUY6 / 100.04 KM
Stryd Fawr, Caernarfon, Gwynedd, LL55 £ 125,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
27 Market Street £ 143,0000.02 KM
21 Market Street £ 140,0000.02 KM
23 Market Street £ 300,0000.02 KM
25 Market Street £ 60,0000.02 KM
19 Market Street £ 165,0000.02 KM