Entry-level investment near Caernarfon town centre with parking and garden.
3 bedrooms in a compact 609 sq ft mid-terrace layout
Off-street parking and enclosed rear garden, low-maintenance outdoor space
Gas central heating and uPVC double glazing throughout
Requires modernisation to maximise rental or resale value
Sold UNCONDITIONAL at auction; 5% deposit and buyer’s premium apply
Area very deprived with very high recorded crime — affects demand
Small overall plot and house size — limited expansion potential
Freehold tenure; completion expected 28 days after auction
This three-bedroom mid-terrace in Maes Gwynedd offers a compact, low-maintenance footprint with immediate rental potential. The house benefits from off-street parking, an enclosed rear garden, gas central heating and uPVC double glazing — features that make it straightforward to let with minimal initial spend.
Important auction and legal conditions are material to any purchase decision. The lot is offered UNCONDITIONAL at online auction (27 November at 10:00). Successful bidders must pay a 5% deposit plus a buyer’s premium (5% + VAT, minimum £5,000 + VAT) on exchange, and complete within 28 days. Buyers should review the legal pack for any special costs before bidding.
Practical realities: the property is small (about 609 sq ft) and shows signs of dated interior finish requiring modernisation to maximise rental income or resale value. The local area is very deprived with a very high recorded crime level — factors that will influence tenant demand, rental yields and resale prospects. For investors this presents both an affordable entry price and higher management risk.
This freehold house is suitable for a hands-on investor or buyer prepared to carry out updates. If you require a ready-made, low-risk cashflow, factor in refurbishment, management costs and the auction purchase conditions before bidding.
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