Auction Deal Mid Terrace House with Commercial License with potential to convert into four flats (LL42)

£151,200 Fixed Price
  • Type: Terraced House
  • Availability: For Sale
  • Bedrooms: 6
  • Bathrooms: 1
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Property Features

  • Very Close to Transport Links
  • Amazing Location
  • Close to Local Amenities

Property Summary

Barmouth offers a highly attractive location for investment, with key attractions just minutes away from each other. Traeth Abermaw Beach is only 1 minute by car, offering significant potential for tourism and rental income. Barmouth Train Station and Barmouth Pier are just 2 minutes away, providing excellent transport links for visitors. The historic Ty Crwn Round House Museum is 3 minutes by car, and the iconic Barmouth Bridge, just 4 minutes away, draws both locals and tourists alike. This central location offers a unique opportunity for growth in both the tourism and property sectors.

  • Estimated Fair Market Value After Renovation (FMV) : £440,000

  • Estimated Annual Rental income as family rent : £28.800

  • Estimated profit after remortgage : £70,000

  • Estimated renovation cost : £80,000

  • Sourcing fee: £3500