3-bedroom semi-detached house · LD8 2EB
Sold STCListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 3-4 bedroom semi-detached home with generous gardens, versatile accommodation and a detached insulated studio, situated within easy walking distance of the centre of the popular market town of Presteigne.
62 Castle Road offers well-presented accommodation arranged over three floors, combining character and practicality with flexible living space ideally suited to families, home workers or those seeking additional hobby or treatment rooms.
The ground floor comprises a welcoming entrance hall, sitting room with feature fireplace, a dining area, bright sun room overlooking the garden, fitted kitchen, utility room, cloakroom and useful storage room.
The sun room enjoys direct access to the rear garden, creating an ideal space for entertaining or relaxing throughout the year.
To the first floor are two double bedrooms, a family bathroom and a useful landing/study area, while the second floor provides a further double bedroom together with a dressing room or occasional fourth bedroom, offering excellent flexibility for modern living.
Externally, the property benefits from attractive enclosed gardens with lawned areas and patio seating space.
A particular feature is the substantial insulated outbuilding, currently arranged as a studio/treatment room with power, water supply and laminate flooring, making it ideal for home working, creative pursuits or a variety of business uses.
There is also a garden store and former garage providing excellent storage.
The property occupies a convenient position within walking distance of Presteigne's thriving high street, independent shops, cafés and amenities.
Surrounded by the beautiful countryside of the Welsh Marches, the town is renowned for its strong community spirit, cultural events and excellent access to walking, cycling and outdoor pursuits.
Viewing is highly recommended to appreciate the versatility, gardens and excellent location this property has to offer.
Viewing Arrangements, Negotiations & Any Further Information Through DAVID PARRY & COMPANY Presteigne: .
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 62 Castle Road PRESTEIGNE LD8 2EB
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