3-bedroom house · SY16 1AQ
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Newtown Chapel House comprises entrance hall, Lounge, dining room, fully fitted kitchen with breakfast bar, utility room housing gas boiler, bathroom fitted with a white suite, landing, three generous bedrooms one with built in wardrobes, W.C..
Externally the property has off road parking, stocked borders and wrap around lawns. No Onward Chain.
Situation - Newtown offers a wide variety of local shops, supermarkets, bars, restaurants along with a theatre, museum and gallery.
The town is well placed for those commuting with Shrewsbury, Wrexham, Oswestry, Welshpool, Aberystwyth and Llandrindod Wells all being within a commutable distance.
The railway station offers easy access to the coast and into Shrewsbury for those commuting.
The town is well serviced with a number of junior schools, High School and College along with a leisure centre, cricket, bowls, tennis and rugby club.
Accomodation - Timber entrance door leads into the entrance hall with stairs leading off, doors to lounge and dining room. The lounge has a gas fire with decorative surround and sash window.
The dining room has a gas fire with decorative surround and sash window.
The fitted kitchen has a modern range of wall and base units, gas hob, electric oven, extractor canopy, door to side, breakfast bar and understairs store cupboard.
The utility has a Worcester gas fired combination boiler The ground floor bathroom is fitted with a white suite and is of a generous size with part tiled walls.
The first floor comprises three bedrooms one of which has built in wardrobes. There is also a W.C. on this floor.
Externally - The property has gated vehicular off road parking, wrap around lawn, stocked borders and tap.
Services - Mains electricity, water, drainage and gas central 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 'D' Directions - Postcode for the property is SY16 1BD What3Words Reference is ///suspend.catching.impeached Viewings - Strictly by appointment only with the selling agents: Halls, 14 Broad Street, Welshpool, Powys, SY21 7SD.
Anti Money Laundering Checks - We are legally obligated to undertake anti-money laundering checks on all property purchasers.
Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required.
This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Websites - Please note all of our properties can be viewed on the following websites:
Value & comps
No previous sales on record.
Returns
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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.
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