2-bedroom house · LD8 2ET
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within 0.9 miles of Presteigne town centre, is this well presented two double bedroom detached bungalow offering private wrap around gardens, with a detached outbuilding that includes electric and plumbing, and driveway parking for multiple vehicles.
Sold with no onward chain. Chancellors are delighted to introduce this unique two double bedroom detached bungalow located on the outskirts of Presteigne.
Upon entering the property you are welcomed into the light and airy hallway, which provides access into the open plan kitchen with built in appliances and views across to the private rear garden and fields beyond.
The kitchen leads into the sun lounge with dining area with similar views across the garden and underfloor heating; therefore, the property can be used all year round.
The property comes complete with two double bedroom, which are serviced by the modern fitted family shower room.
Externally, the property offers private wrap around gardens, which are mostly laid to lawn with a patio area ideal for entertaining.
To the front of the property is driveway parking for multiple vehicles and access to the detached workshop.
The workshop benefits from electrics and a shower room, making it an ideal space for someone that works from home or to use as a hobby room.
Agent’s Note: The property is of Woolaway (non-standard) construction. As such, mortgage availability may be limited and the property may be more suitable for cash purchasers.
Buyers are advised to confirm lending criteria with their chosen lender prior to offering.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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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 Knighton Road, Presteigne
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