2-bedroom terraced house · SY16 2BP
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great buy to let opportunity of First Time Purchase.
Situated a short walk from the town centre this two bedroom terraced property has the benefit of doble glazing and gas fired central heating, being a previous rental property gas safety certificate and EICR report are available.
The accommodation comprises open plan ground floor living area with fitted kitchen, the first floor has a fitted white bathroom suite and bedroom with a further bedroom to the second floor.
No Onward Chain Situation - Newtown offers a wide variety of local shops, supermarkets, bars, restaurants along with a theatre, museum and gallery.
The town is well placed for those commuting with Shrewsbury, Wrexham, Oswestry, Welshpool, Aberystwyth and Llandrindod Wells all being within a commutable distance.
The railway station offers easy access to the coast and into Shrewsbury for those commuting.
The town is well serviced with a number of junior schools, High School and College along with a leisure centre, cricket, bowls, tennis and rugby club.
Accomodation - A UPVC entrance door opens into the bright and practical open-plan living accommodation.
The lounge area features a double-glazed window overlooking the front elevation, complemented by attractive wood-effect laminate flooring.
The living space flows seamlessly into the kitchen, creating a sociable and versatile area for everyday living and entertaining.
The modern fitted kitchen comprises a range of wall and base units with complementary laminate work surfaces, together with a gas hob, electric oven and stainless-steel extractor canopy.
Additional features include a wall-mounted gas boiler, plumbing and space for a washing machine, and a useful understairs storage cupboard.
A turned staircase leads to the first floor, while a door provides direct access to the rear courtyard, offering a convenient connection between the internal and external living spaces.
A staircase rises to the first-floor landing, providing access to the bedroom and bathroom.
The bedroom features a characterful cast-iron fireplace surround, double-glazed window and useful understairs storage cupboard, combining period charm with practical storage.
The bathroom is fitted with a white suite comprising a panelled bath with electric shower over, WC and wash hand basin. A frosted double-glazed window to the rear provides natural light and privacy.
The second-floor bedroom, which offers additional character with an attractive exposed ceiling beam. A window overlooking the front elevation provides natural light and an outlook to the front.
Externally - There is on street parking to the front and access to shared rear patio serving several properties. External archway leading to the front of the road from the communal area.
Tenure - Freehold. Purchasers must confirm via their solicitor. Services - Mains electricity, water, drainage and mains gas central heating are connected at the property.
None of these services have been tested by Halls. Local Authority/ Tax Band - Powys County Council, Ty Maldwyn, Brook Street, Welshpool, SY21 7PH.
Telephone: The property is in band 'B' Directions - Postcode for the property is SY16 2BP What3Words Reference is ///riverboat.refrained.amends Viewings - Strictly by appointment only with the selling agents: Halls, 14 Broad Street, Welshpool, Powys, SY21 7SD.
Anti Money Laundering Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £36 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Websites - Please note all of our properties can be viewed on the following websites:
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 16 Chapel Street, Newtown
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