2-bedroom house · LD8 2AT
Listing removedReduced £20k (−8%) on 14 AugListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the sought-after market town of Presteigne, this delightful Grade II listed black and white cottage dates back to the 1700s and offers an exceptional blend of historic charm and practical living.
Rich in original character, the property retains exposed beams, an impressive inglenook fireplace with bread oven and a welcoming atmosphere throughout.
The accommodation begins with an entrance porch leading into a cosy sitting room, complete with a wood-burning stove, before opening into the spacious living and dining room where the striking inglenook fireplace forms an attractive focal point.
The adjoining kitchen is fitted with a range of units and provides space for everyday appliances.
To the rear of the property, a lobby gives access to the ground floor shower room, a versatile third bedroom and a separate external entrance.
This flexible layout could suit buyers seeking guest accommodation, multi-generational living or a dedicated home office, subject to individual requirements.
Upstairs, there are two generous double bedrooms, including a bright principal bedroom with dual-aspect windows and a feature fireplace, together with a family bathroom.
Outside, the enclosed rear garden enjoys a good degree of privacy, with a patio leading onto a lawn bordered by mature planting and a greenhouse, creating an inviting space to relax or enjoy gardening.
Side access provides a practical area for storage, while on-street parking is available nearby.
Situated within easy reach of Presteigne's independent shops, cafés, schools and community amenities, this period home offers an excellent opportunity for buyers looking for a distinctive property in a popular market town.
Offered for sale with no onward chain.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Cromwell Lodge, 45, Hereford Street, Powys
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