Cash-only renovation opportunity near Barmouth beach with strong uplift potential.
Private entrance and natural light from windows
Basement flat with Victorian stone building character
Sold CASH only; subject to a prohibition notice
Water ingress and damp present; requires remedial programme
Power, water and lighting currently disconnected
125-year lease to be granted on purchase
Approx. 484 sq ft; one double bedroom, lounge, kitchen, bathroom
Slow broadband; area classified as very deprived
A basement one-bedroom flat set in a Victorian stone building minutes from Barmouth beach. The property is a complete renovation project with natural light from windows and a private entrance; its coastal location and traditional character give clear uplift potential after repair.
The flat is being sold as a CASH-only purchase and is subject to a current prohibition notice because of water ingress and damp. Power, water and lighting supplies are presently disconnected and the property requires a specific remedial programme before it can be occupied.
Practical positives include a 125-year lease to be granted at purchase, mains gas infrastructure noted for the building and compact, conventional room sizes (about 484 sq ft). Drawbacks include slow broadband, likely uninsulated granite walls, location in a very deprived area and the need for structural/damp remediation — suitable for an experienced investor or buyer prepared to manage significant works.
This will suit a buyer seeking a low-price seaside project with resale or holiday-let potential once repaired. Full inspection recommended and budgets should allow for repair to address the prohibition notice and reconnect utilities before habitation.
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