2-bedroom house · SY20 9TW
Sold STCReduced £5k (−2.5%) on 22 SepListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming and characterful, period terrace property occupying an elevated position above the picturesque village of Corris, enjoying far reaching views across the valley and surrounding countryside.
The cottage has undergone a thorough scheme of improvements during the current ownership, to include; new kitchen, electrical rewire, new electric heating, new hot water system, installation of solar panels and solid fuel Rayburn and wood burning stove.
A much improved period cottage, boasting extensive views. Viewing is highly recommended.
The accommodation extends to: Living Room (9'5 x 14'9) with slate flagstone flooring and sash style window to front, enjoying views across the valley.
Exposed beam ceiling and feature slate fireplace with slate hearth and mantle, wood burning stove inset. Built-in cupboard and storage heater.
Kitchen (11'6 x 14'8 max) with slate flagstone flooring, window and external door to rear, stairs off.
Feature slate fireplace with original bread oven to side, solid fuel Range with back boiler inset. Built-in pantry cupboard and space for electric range cooker.
Range of shaker style base units to 2 walls with ceramic sink unit inset, plumbing for washing machine and dishwasher.
Understairs storage nook, storage heater and door to Bathroom with ceramic tile floor and fully tiled walls. Suite comprising WC, panel bath with shower over, wash hand basin and heated towel rail.
First Floor: Landing with electric panel heater.
Doors to Bedroom 1 (10'10 x 14'10) with two sash style windows to front, enjoying views across Corris village and valley beyond, wall mounted panel heater.
Decorative fireplace, built-in cupboard, loft access, feature stained glass window to landing. Bedroom 2 (9'1 x 10'10) with exposed wooden floor, pained and window to rear.
Decorative fireplace and built-in cupboard and wall mounted electric panel heater.
The property is approached via slate steps opening to an elevated terrace and rockery garden with floral borders and mature shrubs and bushes.
From here, far reaching views over Corris village and the surrounding valley can be enjoyed.
To the rear, a small courtyard area with slate steps up to a gravel path that passes to the rear of the terrace. There is a right of way along the path to the end of the terrace.
Beyond the path is a generous garden area laid mostly to lawn with slate fence boundary, mature trees and bushes line the boundary and provide privacy to the patio seating area at the top of the garden.
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
Agent & docs
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FAQ
About 2, Frondeg, Machynlleth
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