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See how verdicts work2-bedroom detached house · LD2 3EF
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious 2-bed, stone detached cottage, with a large Cellar, gas CH, dg, off-street parking, private patio and workshop, set in a convenient location 90 yards from the High Street.
An attractive detached property that was refurbished and converted into a dwelling and Vets Surgery in 1990, built from stone walls with a slate roof.
It has mains gas central heating, double-glazing and briefly provides: - Ground Floor - Entrance Lobby / Office, Lounge, Dining Room, Kitchen and Bathroom; First Floor - Landing and two double Bedrooms; Cellar Stores (with separate toilet).
Outside - On the Eastern side there is a tarmac parking area and a Workshop, and at the rear there is a walled patio with good privacy.
EPC - D ( 59 ) Council Tax - Band D This cottage is set in an extremely convenient location, only 90 yards from the High Street and is within easy walking distance of amenities.
Number 5 has a Southerly aspect and there are nice views from the bedrooms (particularly from the rear - photo on Page 4).
Builth Wells is a picturesque small market town, set on the banks of the River Wye at the intersection of the A483 and A470 Trunk roads.
It has a range of independent shops, business amenities, Cooperative and Asda Supermarkets, successful schools, Cinema / Arts Centre and a good choice of cafes, restaurants and pubs.
Excellent leisure amenities include a sports centre, swimming pool, 18-hole parkland golf course, rugby, football, cricket and bowls clubs, river and lake fishing.
In addition there are numerous events and attractions at the Royal Welsh Showground at Llanelwedd (3⁄4-mile).The area is renowned for its outstanding natural beauty, ideal for walking, mountain biking and horse riding.
The County Town of Llandrindod Wells ( 71⁄2 miles) has a wider range of shops, supermarkets, Tesco Superstore, Aldi Supermarket, indoor Bowls Arena, etc.
The market towns of Rhayader, Brecon and Llandovery are 13 miles, 16 miles distant (shortest route) and 24 miles, with Newtown, Aberystwyth, Abergavenny, Merthyr Tydfil and Hereford all within an hour’s drive.
The cities of Cardiff, Swansea and Worcester, and the Severn Bridge are between about a 11⁄2 to 13⁄4 hour drive (Dependent on traffic volumes).
Ground Floor Entrance Lobby / Boot Room 9 (2.92m x 2m) Note - This could be adapted to be a Home Office.
Having a hardwood half-glazed door, vaulted ceiling, tiled floor, radiator, shoe storage bench, cloak and hat rack and door to Lounge (4.04m x 3.38m) Having a stone feature fireplace, radiator, two windows to South, television and telephone points, electric meter cupboard (consumer unit tested 4/4/2023), trap door to Cellar and door to Dining Room (3.25m x 2.92m) Minimum ( 3.27 m x 2.92 m minimum ) Having a cast iron and tiled open fireplace, part exposed stone walling, pine wainscotting, radiator, television and telephone points, varnished floorboards, door to Inner Hall / Staircase and a wide opening to Kitchen (3.84m x 2.46m) Having a modern range of cream coloured cabinets incorporating seven base cupboards, three wall cupboards, worktops with tiled surrounds, inset stainless steel 11⁄2-bowl sink, integrated stainless steel gas hob, chimney cooker hood and eye-level electric fan oven.
In addition there is plumbing for a washing machine, a radiator, varnished floorboards, windows to West and North, and a hardwood door with leaded glazed panel to the side path (West) and rear patio garden.
Bathroom Having a modern white suite incorporating a toilet with concealed cistern, wash basin in a vanity unit and a p-shaped panelled bath with a thermostatic shower and glazed screen over, together with tiled surrounds, radiator, two mirrors, varnished floorboards, access to a small loft and window to East.
First Floor Landing - Having a window to East and access to loft.
Bedroom 1 (Front) (4.11m x 3.25m) Having a feature fireplace, radiator, varnished floorboards, alcove hanging rail and two windows to South.
Bedroom 2 (Rear) (3.38m x 3m) Having a feature fireplace, radiator, window to North (with fine views) and Boiler Cupboard (with a Worcester gas combi boiler).
Basement Cellar / Utility / Store (5.56m x 2.67m) Note - 6' 4" ( 1.93 m ) headroom Approached via a pair of trap doors and staircase from the Lounge, and having a ceramic tiled floor, fluorescent lights, power points, stainless steel sink (cold tap), two base cupboards, gas meter, two small windows to South (front) and door to Toilet Having a toilet, enamelled sink (cold tap), two base cupboards and fitted shelving.
Outside The cottage is approached via a courtyard on the Eastern side which is flanked by stone walls, with tarmac parking for two small cars, two outside lights and water tap.
Note - There is a fine pair of old wrought iron gates which need new hinges.
Workshop/Motorbike Garage (4m x 2.77m) A timber structure with a slate roof, 3' 8" (1.13 m) wide door, double-glazed window to South, four fluorescent lights, five double power points and mezzanine storage over (with drop down ladder).
On the Western side there is a wide paved path with a tall door to the street, panel fencing, steel storage shed, two Japanese Maples, roses, outside light, door to the Kitchen and a paved patio that is has brick walling and good privacy.
Tenure Freehold with vacant possession on completion. No forward chain Fixtures & Fittings Described in this brochure are included in the price.
Services Mains gas, electricity, water, drainage and telephone are connected. Note The Agents have not tested the installations. Fibre Broadband available.
Local Authority Powys County Council, County Hall, Llandrindod Wells, LD1 5LG Tel: Council Tax Band D ( £2,399.88 for 2026 / 7 ) Note Most of these photos were taken with a wide angle lens.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 5, Market Street, Powys
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