Summary - 36 HIGH STREET CAERNARFON LL55 1RH
1 bed 1 bath Mixed Use
Two vacant flats above a leased double-fronted shop in heart of Caernarfon — clear refurbishment upside.
Grade II listed mid-terrace building in town centre
A substantial Grade II listed mid-terrace in Caernarfon town centre, offered freehold at online auction. The double-fronted retail unit is let until 2027, producing £7,800pa, while two self-contained flats above are currently vacant and ready for refurbishment or re-letting. The building's high ceilings and period features present attractive uplift potential once modernised.
Important practical points are clear: the property is listed (will cause difficulties for alterations), walls are solid brick with no assumed insulation, and the area records higher crime and high local deprivation. Both flats will need updating to command mid-market rents; suggested achievable rents are approximately £525–£575pcm each, subject to your due diligence.
This lot is sold at auction with buyer fees (administration fee £3,600 inc. VAT on exchange) and additional disbursements noted in the legal pack. Bidders must register and understand the unconditional purchase terms, deposit and immediate post-sale obligations. The building suits an investor or small developer prepared to manage listed-building constraints and carry out refurbishment to add value.
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