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See how verdicts work2-bedroom flat · LD7 1AG
For saleListed 77 days
Opportunity summary
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About
A ground floor/basement level flat, offering opportunity for first time buyer, investment opportunity, offered for sale with no onward chain.
Occupying the lower ground floor of an attractive period building, this two-bedroom apartment presents an exceptional opportunity for purchasers seeking a property with scope to enhance and personalise.
Offering well-proportioned accommodation throughout, the apartment provides an ideal canvas for modernisation, creating a stylish and comfortable home or an attractive investment, subject to any necessary consents.
The accommodation is approached via a private entrance lobby with useful storage, leading into a living room enjoying two front-facing windows.
Adjoining the reception room is the kitchen, fitted with a range of base and wall-mounted units, work surfaces, stainless steel sink and drainer, together with space for freestanding appliances.
The property is held on a long lease of approximately 265 years remaining (300 years from 1991), with an annual ground rent of £200 and an estimated annual service charge of £480.
Situation Knighton is an attractive market town set amidst the spectacular countryside of the Radnorshire and Shropshire borderlands, renowned for its outstanding natural beauty and as the gateway to the celebrated Offa's Dyke National Trail.
The town offers an excellent range of everyday amenities including independent shops, cafés, supermarkets, a primary school, community hospital, leisure centre and railway station providing connections to Shrewsbury and Hereford.
Shrewsbury lies approximately 33 miles to the north-east, whilst the cathedral city of Hereford is around 28 miles to the south.
The accommodation is arranged as follows: Shared Storm Porch to: Entrance Hall With storage cupboard, door to: Sitting Room With electric heater, 2 windows to front, door to: Kitchen Fitted with a range of base cupboards and drawers, working surfaces over, single drainer sink, eye level cupboards, washing machine and cooker space, window to rear.
A stairs leads down from the Entrance Hall to the basement level to a Hallway with doors off to: Bedroom One Double bedroom with 2 windows to the front, electric heater, understairs cupboard.
Bedroom Two A single bedroom with window to rear, electric heater. Bathroom Fitted with a panelled bath with electric shower over, pedestal hand basin, low-level WC.
· Services We are informed the property is connected to all mains services. · Heating Electric central heating.
· Tenure We are informed the property is Leasehold (265 years remaining) · Ground Rent £200 per annum.
· Maintainence Charge £480 - insurance inclusive · Powys County Council - Council Tax Band A Fixtures and Fittings The agents have not tested any apparatus, equipment, fixtures, fittings or services and cannot verify that they are in working order or fit for their intended purpose.
Purchasers are advised to obtain appropriate verification from their solicitor or surveyor. appropriate verification from their solicitor or appropriate verification from their solicitor or surveyor.
Viewing Arrangements, Negotiations & Any Further Information Through DAVID PARRY & COMPANY Tel: /Email:
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
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FAQ
About Church Street Knighton LD7 1AG
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