Ynys Gifftan, a private island off the coast of Portmeirion in north Wales, is currently on the market for £350,000. This island, which has a rich history as it was once owned by Queen Anne in the 1700s, is now under the ownership of descendants of a local landowner who were gifted the property. Spanning 17.74 acres, it includes a Victorian farmhouse that has not been inhabited for nearly six decades.

Prospective buyers should be aware that while the price may seem attractive, there are considerable challenges associated with the property. The island does not have any mains electricity, and current plumbing conditions are questionable. Most critically, it is classified as a tidal island, meaning it is only accessible during certain hours around low tide, limiting access to three hours before and after low tide. This access issue adds to the complexity of any potential development or habitation plans for the island.

The sale is being managed by estate agent Hugh O'Donnell, who emphasizes the property as a significant project, with opportunities for buyers looking for a unique property in a picturesque location. However, the potential for development depends heavily on addressing the lack of essential services and the logistical challenges posed by its tidal nature, raising questions about the viability of such an investment for most buyers.