2-bedroom terraced house · SY20 9SW
Sold STCReduced £8k (−5.4%) on 21 AugListed 386 days
Opportunity summary
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About
Corris is a vibrant and popular village location, situated some 6 miles from the important market town of Machynlleth and convenient to both Cadair Idris and the Cambrian Bay Coastline.
A bustling village with a real sense of community benefitting from a School, Public House and Shop/Cafe which also hosts community events.
The property is situated off a quiet street in the heart of the village, adjacent to open pastureland.
The property has recently undergone a scheme of improvements including a new bathroom, kitchen and reconfiguration of the ground floor, alongside a damp proof course and resetting of the original slate flagstone.
All walls and floors have been insulated using eco friendly and property appropriate materials and finished with lime plaster and clay paint.
The property is offered in good condition throughout with vacant possession. The accommodation briefly comprises: Open Plan Living Space and Kitchen (11'9 x 21'10) with window to front and stairs off.
Slate flagstone flooring and feature slate wall. Wood burning stove set to slate hearth, built-in cupboard to recess beside.
Kitchen (11'9 x 9'6) comprises of base units to 2 walls with wall mounted cupboards to one side. Peninsula island providing further storage and dishwasher. Feature, original bread oven.
Bathroom (5'2 x 10'10) with ceramic tiled floor and half tiled walls, heated towel rail. Claw foot bath tub with tiled surround and shower above.
Vanity wash hand basin with light up mirror cupboard over, low flush WC. Plumbing for automatic washing machine and concealed storage cupboard.
First Floor: Bedroom 1 (12' x 11'10) with exposed wooden floor, window to front, radiator. Feature slate wall with decorative fireplace and slate hearth.
Landing Bedroom/Study (9'9 x 9') with exposed wooden floor, radiator, over stairs storage cupboard.
Feature slate wall and external door to Conservatory (13'1 x 7'4) fully glazed with a polycarbonate roof and vinyl flooring. External door to garden.
Please note that a charge of £36 per person will be applied to cover mandatory anti-money laundering checks. To the rear, accessed via the first floor conservatory, is a terraced garden plot.
Recently cleared and planted with a variety of flowering shrubs and bushes. Nature pond.
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 Bwthyn, 2, Chapel Street, Machynlleth
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