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See how verdicts work1-bedroom flat · SY16 2JG
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent opportunity to acquire a one bedroom apartment, located in the popular Afon Way development, just a short walk from the town centre of Newtown.
The apartment has been successfully let for a number of years and makes an excellent opportunity for first time buyers. The property is subject to a S106 local occupancy clause.
The property comprises of communal staircase and landing leading to the apartment, situated on the top floor.
The home features an open plan kitchen, dining, living room, with two dormer windows to the front of the home.
The room provides plenty of space for modern, open plan living along with a well fitted kitchen, comprising of fitted base and wall units, integral electric oven, hob and extractor fan.
The kitchen, with laminate worktops, further benefits from a recess for white goods including fridge and washing machine.
The double bedroom, situated off of the living room, benefits from a window to the rear aspect.
The bedroom leads to the en-suite shower room, comprising of a shower unit, WC, wash basin and storage cupboard.
Tenure Leasehold: 999 year lease from 2004 Service Charge approx £600 pa Grount Rent: £100 pa Building Insurance £300 pa Designated parking space and visitor parking available.
Communal gardens within the complex.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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.
Area
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FAQ
About 42, Afon Way, Powys
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