LOT 2 - 4.5 ACRES OF LAND NEAR PENMACHNO
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LOT 2 - 4.5 ACRES OF LAND NEAR PENMACHNO

By J Bradburne Price & Co

£ 35,000

Reviews

3 out of 5 stars

J Bradburne Price & Co says ..

LAND AMOUNTING TO APPROX 4.5 ACRES NEAR PENMACHNO. BENEFITING FROM A NATURAL WATER SUPPLY. WOULD SUIT A VARIETY OF USES. PREVIOUSLY USED FOR GRAZING AND SILAGE PRODUCTION. FOR SALE BY INFORMAL TENDER 30TH JANUARY 2025 AT 12.00 NOON

Property Oracle says ..

This property listing presents an opportunity to acquire 4.5 acres of land near Penmachno, a village nestled within the stunning Snowdonia National Park in Wales. The land, previously utilized for grazing and silage production, features a natural water supply and is well-fenced, making it suitable for a variety of uses. The asking price of £35,000 seems competitive when compared to similar land plots in the area, with a nearby 3.5-acre plot listed for £45,000. However, it’s important to note that this is raw land. There are no existing structures; the land is undeveloped and would require significant investment for any future use. The location is tranquil and offers access to the natural beauty of Snowdonia, but its relative remoteness should be considered. The proximity to Penmachno provides access to a local school, indicating potential for family use, although the absence of further details on local amenities requires caution. Overall, this purchase presents a significant investment that requires careful consideration of the development costs alongside the potential benefits of owning a substantial plot in a picturesque location.

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
5
Location
6
Land
8
Bedrooms
0
Bathrooms
0

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
401,278.00 £
Increased by 42.31 %
from 281,975.00 £
Average area rental value
1,053.00 £/mo
Decreased by 6.32 %
from 1,124.00 £/mo
Est rental Yield
3.15 %
Decreased by 34.10 %
from 4.78 %
Crime Rate
86.00 %
Unchanged by 0.00 %
from 86.00 %

Agent Activity

  • J Bradburne Price & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol PenmachnoWelsh Establishment0.61 KM
Ysgol Betws-Y-CoedWelsh Establishment6.17 KM
Ysgol Capel GarmonWelsh Establishment6.46 KM
Ysgol Ysbyty IfanWelsh Establishment8.01 KM
Ysgol DolwyddelanWelsh Establishment8.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ffordd Glasgwm £ 136,95000.00 KM
Newgate £ 179,50000.00 KM
Glascoed £ 000.00 KM
Ffordd Yspyty £ 257,47500.00 KM
Gwyndy £ 225,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Betws-Y-Coed2449BYC5.99 KM
Pont-Y-Pant2459PYP6.87 KM
Dolwyddelan2452DWD8.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
LOT 1 - 3.5 ACRES OF LAND AT PENMACHNO £ 45,000BUY7 / 100.00 KM
LOT 2 - 4.5 ACRES OF LAND NEAR PENMACHNO £ 35,000BUY6 / 100.00 KM
White Street, Penmachno, Betws-Y-Coed £ 109,950BUY6 / 100.02 KM
2 Cardiff House, Penmachno, Betws-y-Coed, Gwynedd, LL24 0UA £ 65,000BUY5 / 100.02 KM
2 Cardiff House, Penmachno, Betws-y-Coed, Gwynedd, LL24 0UA £ 70,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
6 Gethin Square £ 94,0000.00 KM
2 Gethin Square £ 44,0000.02 KM
7 Gethin Square £ 113,0000.02 KM
2 John Street £ 94,0000.03 KM
3 High Street £ 123,0000.05 KM