Spacious countryside fixer with multi-apartment potential near coast and mountains.
4 bedroom detached Georgian house, circa 2,512 sq ft
Potential to create up to seven one‑bed apartments (subject to planning)
Large garden area with scope to convert to parking
Sold at Modern Method of Auction; reservation fee applies (4.5% min £6,600)
Property needs full renovation; units in mixed states of repair
Article 4 in force — change to holiday let use requires planning
Electric room heaters; older double glazing and average broadband
No flood risk; council tax described as very cheap
This substantial Georgian detached property in Abergwyngregyn is presented as an investor-led renovation project with genuine scope. The building totals about 2,512 sq ft and is being sold at auction with clear potential to convert the existing space into up to seven self-contained one-bedroom apartments, subject to planning and refurbishment. Several internal units are in varying states — some nearing habitable condition, others requiring full fit-out — offering phased redevelopment possibilities and potential rental income once complete.
The site includes a large garden area that could be repurposed for off-street parking, improving lettability and circulation for multiple units. Practical constraints are straightforward: the house needs renovation throughout, heating currently relies on electric room heaters, double glazing is older, and some apartments require complete refits. Article 4 restrictions mean change of use to holiday lets would need planning permission, and broadband speeds are average in this rural setting.
This sale proceeds via the Modern Method of Auction. Bidders should note the non-refundable reservation fee (4.5% of purchase price, minimum £6,600), a 56-day completion timetable once contracts are issued, and that buyer due diligence is essential — a Buyer Information Pack is available. The auction closes 17-10-2025 at 15:00. For a buyer able to manage renovation and planning, this is a sizeable countryside project with strong location credentials (close to Eryri National Park and the Wales Coastal Path) and clear long-term income potential.