Summary - High Street, Caernarfon, Gwynedd, LL55 LL55 1RH
2 bed 1 bath Mixed Use
Historic mixed-use freehold in Caernarfon — renovation opportunity with retail income potential..
Grade II listed three-storey Georgian mixed-use property
Ground-floor retail with basement staff facilities and cellars
Self-contained two-bedroom apartment above; 825 sqft total
Freehold tenure; small plot, no garden or outdoor space
Requires full renovation; dated interiors throughout
Listed status restricts alterations and adds cost/consent needs
Area is very deprived with high local crime rates
Fast broadband and excellent mobile signal; very low council tax
An attractive Grade II listed, three-storey mixed-use building in the heart of Caernarfon, offering ground-floor retail with basement cellars and a self-contained two-bedroom apartment above. Its Georgian façade and central High Street location give immediate kerb appeal and clear short-term rental or retail potential. The freehold plot is compact with no garden, suited to town-centre investment or an owner-occupier wishing to run a business below.
The property requires renovation throughout; the apartment and communal areas show dated fittings and will need upgrades to reach modern standards. Because the building is listed, any alteration work will be subject to listed-building constraints, specialist contractors and additional consents — factor these into cost and programme estimates.
Practical positives include fast broadband, excellent mobile signal and very low council tax, which support lettability and low running costs. Offsetting factors: the immediate area is very deprived with a higher local crime rate, which may influence tenant demand, insurance costs and lettings strategy.
For a buyer who understands conservation constraints, this offers value: an affordable freehold in a historic town centre with multiple income streams (retail and residential). A clear renovation plan and realistic budget for listed-building works will unlock the best returns; viewings recommended for serious investors or owner-occupiers comfortable with restoration projects.
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