5-bedroom house · SY16 2HE
For saleListed 68 days
Opportunity summary
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About
Three Storey Investment Opportunity located on the corner of Crescent and Union Street.
Prominent building within the town's Conservation Area with Apartments comprising Spacious Ground Floor 1 Bedroom Apartment, First & Second Floor 2 Spacious 2 Bedroom Apartments all in good order benefitting from UPVC double glazed windows and all flats on own meters and have gas boilers.
Offering a rent of £18,460 per annum against the current guide price a yield of 6.6% with potential to increase the rents. All Tenants are of longstanding nature with potential to increase the rents.
Only a short walk over Longbridge into town centre. Newtown offers a range of amenities and facilities together with recreation facilities together with walks along the River Severn into Dolerw Park.
All with Long standing Tenants and the rents are: Flat A 36 Crescent Street – Rent £120 paid weekly Flat B 36 Crescent Street – Rent £125 paid weekly 28 Union Street – Rent £120 paid weekly Total Rent: £18,460 per annum The accommodation comprises: 28 union street flat: Ground Floor Flat with access direct onto Union Street there is also a further entrance into the communal side entrance which serves Flat A & Flat B 36 Crescent Street with access onto Crescent Street.
Entrance Hall with door to Cellar, door to rear private courtyard.
Living Room 4.11m x 4.90m Bedroom (1) 4.88m x 3.35m Kitchen 3.69m x 3.65m range of fitted units with base, wall and worktop surfaces, built-in oven, hob with extractor over, plumbed for washing machine Shower Room with shower cubicle, washbasin with cupboard under, WC, wall mounted gas central heating boiler.
Approached from Crescent Street via a ground floor entrance door into Communal area with staircase to Flat A, 36 Crescent Street & Flat B 36 Crescent Street (2nd floor).
On the Ground Floor: Flat A 36 crescent street Entrance Hall with plumbing for washing machine Living Room 3.79m x 4.68m Kitchen 3.24m x 3.31m base and wall units, worktop surfaces, inset stainless steel sink, built-in oven, 4-ring hob with extractor over, breakfast bar Bedroom (1) 4.46m x 3.29m Bedroom (2) 3.45m x 2.52m Shower Room 3.56m x 2.03m walk-in shower cubicle, washbasin with cupboard under, WC, heated towel rail, gas central heating boiler.
On the Second Floor: Flat B 36 crescent street Entrance Hall Living Room 4.96m x 3.34m Kitchen 4.75m x 3.79m fitted drawer, base and wall units, plumbed for washing machine, built-in oven and 4-ring hob.
Bedroom (1) 4.50m x 3.30m Bedroom (2) 3.47m x 2.42m Shower Room comprising shower cubicle, washbasin with cupboard under, WC, gas central heating boiler.
28 Union Street has access and right to the rear courtyard. Please note a charge of £36 per person will be applied to cover mandatory Anti-Money Laundering checks for Buyers
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.
Area
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FAQ
About Flat A & Flat B, 36, Crescent Street, Powys
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