Penlan Street, Pwllheli
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Penlan Street, Pwllheli

By Tudor Estate Agents

£ 289,000

Reviews

3 out of 5 stars

Tudor Estate Agents says ..

*SEPARATE LIVING ACCOMMODATION*Tudor Estate Agents & Chartered Surveyors are favoured with instructions to offer for sale this prominent town centre premises, presently a very successful Oriel Kathy Gittins boutique with separate exquisite Living Accommodation. The prominent position provides...

Property Oracle says ..

This property in Pwllheli, Gwynedd, presents a unique opportunity, combining residential living with a potentially lucrative commercial component. The address, Penlan Street, places it right in the heart of the town, providing excellent access to amenities and transport links, including Pwllheli train station. The interior images showcase a stylish renovation with modern finishes, creating a comfortable and attractive living space. The exposed beams and stonework add character and charm. A notable feature is the rooftop terrace, which offers outdoor space despite the lack of a traditional garden. The property’s description highlights its current use as a successful boutique, representing a significant income stream. This combined use must be considered as a positive, but it is important to note that buyers must be aware of the complexities and regulatory requirements of buying a property that also includes a commercial element. Further investigation would be needed to fully analyze the viability and income generation potential of the commercial unit. While the property is undoubtedly attractive and well-presented, potential buyers should carefully consider the limited land/garden area, obtain a full structural survey to ensure no hidden issues exist, and conduct thorough research into the implications of owning a property that consists of both commercial and residential units. The absence of square footage data for comparable properties makes a definitive judgment on price challenging. Overall this property is a rare and attractive combined property in a good location, however the lack of data on nearby properties and the lack of land would give most buyers pause for thought. A full valuation and survey is needed before making an offer.

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

Price
7
Condition
8
Location
7
Land
2
Bedrooms
4
Bathrooms
1
Sqft (est)
1,278.60

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
276,177.60 £
Decreased by 33.74 %
from 416,823.60 £
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
149.00 %
Unchanged by 0.00 %
from 149.00 %

Agent Activity

  • Tudor Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Glan Y MorWelsh Establishment0.87 KM
Ysgol CymerauWelsh Establishment0.97 KM
Ysgol Gynradd AbererchWelsh Establishment3.95 KM
Ysgol Bro PlenyddWelsh Establishment5.52 KM
Ysgol Hafod LonWelsh Establishment5.56 KM

Images

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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
Pwllheli4314PWL0.13 KM
Abererch4440ABH4.96 KM
Penychain4409PNC8.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penlan Street, Pwllheli £ 289,000BUY6 / 100.00 KM
Rhes Mitre, Pwllheli £ 110,000BUY4 / 100.04 KM
Station Square, Pwllheli, Gwynedd, LL53 £ 375,000BUY7 / 100.06 KM
Penlan Street, Pwllheli £ 179,000BUYUnknown0.06 KM
Station Square, Pwllheli, Gwynedd, LL53 £ 135,000BUY4 / 100.07 KM

Nearby Properties

AddressPriceDistance
25 Penlan Street £ 130,0000.06 KM
Henllys £ 150,0000.14 KM
6 Upper Ala Road £ 115,0000.14 KM
Caledfryn £ 130,0000.14 KM
12 New Terrace £ 70,0000.18 KM