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£1,350,000

Snowdon Lodge (lawrence House), Tremadog, Porthmadog, Gwynedd, LL49

  • 14 beds
House

£1,350,000

  • 14 beds
House
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Estimate monthly mortgage payment:

£6,163 per month

Minimum deposit amount:

£67,500
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Snowdon Lodge is universally known as the birthplace of T E Lawrence (Lawrence of Arabia), although locally it is usually referred to as Ty Lawrence. The building is Grade II Listed due to its historic association with T E Lawrence. We are offering a unique opportunity to be involved in the continuing development of this property which is presently being offered for group hire providing self-catering accommodation for groups of up to 35 people. There is planning consent in place to add further accommodation to the site which will treble the existing size of this already significant building. Tremadog is a very attractive village located less than a mile from the coastal resort town of Porthmadog. The village is an exceptionally good example of a planned town founded by William Alexander Madocks, with the village centre remaining substantially unaltered since its inception. The village is dominated by the steep rock faces of the foothills of the Eryri National Park and is located at the gateway to the spectacular Glaslyn Valley leading directly to Beddgelert, the main peaks of the National Park and Snowdon itself. The Welsh Highland Railway which passes through some of the areas most spectacular scenery is just 5 minutes from the lodge with the world-famous Italianate village of Portmeirion some 4 miles distant and the beautiful sandy beaches of Borth y Gest and Black Rock Sands are within a 10 minute drive. North Wales offers countless tourist attractions and facilities within easy reach: Local village pubs, two hugely entertaining zip wire rides, an underground trampoline park, a surf park, numerous events (cycling, running etc.), mountain bike courses, excellent climbing facilities not to mention the castles and historic monuments dotted throughout the area and the miles of spectacular coastline. Snowdon itself attracts hundreds of thousands of walkers a year and film crews often frequent the area to take advantage of the exceptional scenery. In its current form, Snowdon Lodge provides a good income although now run as a lifestyle business it does trade under the VAT threshold. There is opportunity to significantly increase revenue by re-opening the Cafe to the public. The remainder of the building could still be run as a traditional B&B, we would expect that given the location and the quality of the accommodation, there would be year-round demand. There is potential (subject to relevant consents) to significantly change the character and use of the building, for example Health Care, Assisted Living, Residential etc. Planning permission secured in 2005 allows for further substantial additions to Snowdon Lodge, which changes the future potential of the site. Plans allow for almost a further 2,500m2 (27,000 sq ft) of accommodation over 3 floors, and this, coupled with the leisure potential offered by the land, and the versatility of the property offers considerable potential for a variety of uses.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£76,250
Mortgage and legal costs:
£999
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