Morgan Evans and Co says ..

Property Oracle says ..

The property is located in Nantlle, Bull Bay, Anglesey, a coastal village in Gwynedd, Wales. The area benefits from a number of primary schools within a reasonable distance, including Ysgol Gynradd Rhosybol (3.18km), Ysgol Syr Thomas Jones (3.45km), and Ysgol Gynradd Amlwch (3.51km). While specific Ofsted ratings and reports are not provided, the proximity to several schools is a positive aspect for families. The nearest streets, Alma Terrace, Old Mission Hall, and Rutland Road, show a higher average price than the subject property, suggesting the location is desirable. However, information regarding nearby transportation links is unavailable.

The property itself is a semi-detached house with three bedrooms and one bathroom. Based on the provided images, the property is in need of significant renovation. The interior shows dated décor, worn carpets and flooring, and some signs of dampness. The exterior, while showing some recent work on the windows, also displays an overgrown garden that requires attention. The overall condition suggests the property requires substantial investment to bring it up to a modern standard. The plot size is listed as 0.00 sqft, however, aerial images show a garden area is present. Whilst the size is unclear, the presence of a garden is a positive feature.

Considering the list price of £280,000, the average price of similar properties in the area is £305,256, with an average price per square foot of £237. The subject property is significantly smaller than the average at 820 sqft compared to 1286 sqft. Given its condition and the need for extensive renovation, the asking price appears to be in line with, or potentially slightly below, the market value for a property requiring such work. However, the lack of precise plot size data prevents a more definitive assessment of land value and its impact on overall pricing. The property’s need for renovation should be factored into any potential 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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