Rhes Mitre, Pwllheli
Tudor Estate Agents logo

Rhes Mitre, Pwllheli

By Tudor Estate Agents

£ 110,000

Reviews

2 out of 5 stars

Tudor Estate Agents says ..

Tudor Estate Agents & Chartered Surveyors are favoured with instructions to offer for sale this inner terrace property situated in a convenient position in the town centre, within walking distance of the amenities. Pwllheli is a thriving market town and seaside resort situated on the south s...

Property Oracle says ..

This two-bedroom terraced house in Pwllheli, Gwynedd, presents a mixed bag of opportunities and challenges for potential buyers. Its central location in a seaside town with access to amenities and schools is a strong positive. The proximity to Pwllheli train station offers easy access to regional transportation links, enhancing convenience and commuter appeal.

However, the property’s condition is a significant factor. The images suggest a considerable amount of work is needed. The kitchen and bathroom are outdated and require a full refurbishment, and the walls and flooring are dated. Potential buyers should factor in substantial renovation costs when considering this property. The lack of any significant garden or outdoor space further limits its appeal.

Despite the required renovations, the asking price of £110,000 appears somewhat competitive, at least when compared to other properties on the same street. However, this assumes that the market values the central location enough to offset the renovation burden. A thorough survey is recommended before proceeding with a purchase to ascertain the full extent of any structural or other issues. While it might present itself as a potential investment for those willing to undertake extensive renovations, a detailed cost-benefit analysis is crucial. Overall, the property’s appeal is contingent upon a potential buyer’s ability and willingness to take on a comprehensive renovation 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
7
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
702.40

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
151,718.40 £
Decreased by 33.74 %
from 228,982.40 £
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
153.00 %
Unchanged by 0.00 %
from 153.00 %

Agent Activity

  • Tudor Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Glan Y MorWelsh Establishment0.88 KM
Ysgol CymerauWelsh Establishment0.97 KM
Ysgol Gynradd AbererchWelsh Establishment3.97 KM
Ysgol Bro PlenyddWelsh Establishment5.52 KM
Ysgol Hafod LonWelsh Establishment5.56 KM

Images

WhatsApp Image 2023-06-20 at 12.41.11.jpg WhatsApp Image 2023-06-20 at 12.41.11.jpg WhatsApp Image 2023-06-20 at 12.41.11.jpg WhatsApp Image 2023-06-20 at 12.45.12.jpg WhatsApp Image 2023-06-20 at 12.45.30.jpg WhatsApp Image 2023-06-20 at 12.41.10.jpg WhatsApp Image 2023-06-20 at 12.41.10.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Mitre Place £ 110,00000.00 KM
Maes yr Orsaf £ 255,00000.00 KM
Sgwar Y Farchnad £ 000.00 KM
Llawrgors £ 000.00 KM
Glan Rhyd £ 159,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Pwllheli4314PWL0.17 KM
Abererch4440ABH4.98 KM
Penychain4409PNC8.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rhes Mitre, Pwllheli £ 110,000BUY4 / 100.00 KM
Penlan Street, Pwllheli £ 289,000BUY6 / 100.04 KM
Penlan Street, Pwllheli £ 179,000BUYUnknown0.07 KM
Penlan Street, Pwllheli £ 100,000BUY4 / 100.09 KM
Station Square, Pwllheli, Gwynedd, LL53 £ 375,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
25 Penlan Street £ 130,0000.07 KM
Henllys £ 150,0000.11 KM
6 Upper Ala Road £ 115,0000.11 KM
Caledfryn £ 130,0000.11 KM
8 Upper Ala Road £ 95,0000.15 KM