2-bedroom terraced house · SY21 7HA
For saleListed 14 days
Opportunity summary
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About
**SOLD by Timed Online Auction – Bidding starts Monday 19th October **please visit the Halls website to register and bid online or contact Halls Welshpool office for assistance - Cash Buyers Only.
** This two bedroom mid terrace property is situated a short walk from local amenities and town centre. The accommodation comprises of a lounge, kitchen, landing, two bedrooms and bathroom.
The property benefits from double glazing, gas fired combination central heating, rear yard and is offered for sale with no onward chain.
Frosted double glazed entrance door leading into Lounge - Double glazed window to front elevation, stairs off, wood laminate floor covering, radiator, television point, telephone point.
Kitchen - Fitted with a range of wall and base units with laminate work surfaces, stainless steel sink drainer unit, frosted double glazed rear access door, space for cooker, plumbing and space for washing machine, double glazed window to rear, radiator, wood laminate floor covering.
Bedroom One - Double glazed window to front elevation, radiator, storage alcove with hanging rail.
Bedroom Two - Double glazed window to rear elevation, radiator, cupboard housing Ideal gas fired combination boiler. Bathroom - Bath, low level W.C., pedestal wash hand basin, radiator, extractor fan.
Externally - To the rear of the property there is a concrete yard. Agents Notes - There are signs of structural movement to the rear. Any purchaser should investigate prior to offering.
The property is offered for sale with no onward chain. Tenure - We understand 6 Abbey Terrace is Freehold although purchasers must make their own enquiries via their solicitor.
Services - Mains electricity, water, drainage and gas 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 SY21 7HA What3Words Reference is moped.spoiled.scrapped Auction Aml - Under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("the ML Regulations"), we are obliged to obtain proof of identity for buyers, their agents, representatives, including bidders, and ultimate beneficial owners ("relevant individuals"), before an individual is allowed to bid on an auction lot, or an offer is accepted.
PLEASE NOTE YOU WILL NOT BE ABLE TO BID UNLESS YOU SATISFY THIS OBLIGATION. For full details on what we will require on or before the timed auction, please visit our website.
If you are the successful bidder/s of this lot, further Anti-Money Laundering checks will be carried out using a specialist third-party company, Movebutler. We thank you for your cooperation.
There is a cost of £36 for this per buyer.
Timed Online Auction - 6 Abbey Terrace will be offered for sale by Unconditional Timed Online Auction, bidding opens at 12 midday on Monday 5th October and closes at 12 midday on Friday 9th October.
The Auctioneers, as agents for the vendors, reserve the right to alter, divide, amalgamate or withdraw any of the property for sale at any time.
The Auctioneers, further, reserve the right to sell the property privately, prior to Auction without prior notice or explanation and no liability will be accepted to any intending purchaser in consequence of such a decision.
Contract & Special Conditions Of Sale (Legal Pack) - The property will be sold subject to the Special Conditions of Sale, which can be requested from Halls, the Auctioneers or the Solicitors at Gilbert Davies , 18 Severn Street Powys SY21 7AD prior to the date of the auction.
The purchasers shall be deemed to purchase with full knowledge thereof, whether he/she has read the Special Conditions of Sale or not.
Guide Price And Reserve - Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a RESERVE (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Buyers Premium - In addition to the contract deposit required, buyers should note when bidding, that on the fall of the gavel, the purchaser will be responsible for paying a Buyer's Premium as noted.
This is additional to the purchase price and set at 3.5% plus VAT, i.e (4%) of the "hammer price", subject to a minimum fee of £4,000 plus VAT (£4,800).
Solicitors - Gilbert Davies , 18 Severn Street Powys SY21 7AD Viewings - Strictly by appointment only with the selling agents: Halls, 14 Broad Street, Welshpool, Powys, SY21 7SD.
Websites - Please note all of our properties can be viewed on the following websites:
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 6 Abbey Terrace, Salop Road, Welshpool
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