5-bedroom house · LD2 3UU
For saleListed 175 days
Opportunity summary
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About
The Old School is a charming Victorian property, once serving as the local parish school but now a spacious and characterful family home.
The ground floor offers an entrance porch leading into a hallway, providing access to a study and a cosy snug.
The kitchen/breakfast room is a bright space, fitted with a range of cupboards, granite worktops, integrated dishwasher and a deep glazed sink, ideal for everyday family living.
Patio doors open onto the garden.
A formal dining room, complete with original wooden flooring, provides the perfect setting for entertaining and family gatherings, and leads through to a generous living room.
This is a particularly light and airy space, centred around a wood burning stove, creating a warm and inviting atmosphere.
A useful utility room and shower room complete the ground floor accommodation. The first floor is accessed via two separate staircases, adding to the property’s charm.
Stairs rising from the living room lead to a characterful landing with exposed roof trusses, two en-suite bedrooms and a single bedroom.
A second staircase from the hallway leads to two further bedrooms, complemented by a well-appointed family bathroom featuring a roll top bath and separate shower.
All bedrooms enjoy delightful countryside views. Externally, the property is set within approximately one acre of established gardens, enjoying delightful views.
The grounds include a paved seating area ideal for al fresco dining, lawns, mature shrub and flower borders and a picturesque stream crossed by a wooden bridge.
There is also a parking area and a range of useful stone outbuildings.
Rhulen is a small, peaceful rural hamlet nestled in the rolling Mid-Wales countryside, roughly 9 miles from the market town of Builth Wells.
Surrounded by open farmland and scenic hills, it offers a wonderful sense of space, tranquillity and privacy, ideal for those seeking a quieter pace of life.
Builth Wells provides a good range of independent shops, supermarkets, cafés, pubs, and primary and secondary schooling, as well as healthcare facilities.
The town is perhaps best known for hosting the internationally renowned Royal Welsh Show, drawing visitors from across the country each year.
The surrounding area is perfect for outdoor enthusiasts, with an abundance of walking, cycling and riding routes right on the doorstep, along with easy access to the beautiful Wye Valley and wider Mid-Wales countryside.
Hay-on-Wye, the town of books, which is also famous for its literature festival is only 25 minutes away whilst there are also good road links to the larger towns of Llandrindod Wells and Hereford.
Services: Mains electricity. Private water and private drainage. Oil fired central heating. Please note we have not tested the appliances, central heating or services.
Council Tax: We have been informed that this property has been placed under council tax band ‘F’.
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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About Old School, Builth Wells
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