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East Street, Rhayader, Powys, LD6

Wales

£340,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1593 sqft

Description

This three-bedroom home presents a range of opportunities for renovation and investment, with significant potential to enhance its existing features. The property boasts a spacious layout, complemented by a generous garden that offers ample outdoor space. Off-road parking is available, along with a detached workshop that holds planning permission for conversion, making it an excellent candidate for additional living space or rental income. Situated within walking distance of the town center, this residence benefits from accessibility to local amenities including shops, cafes, and restaurants. Rhayader serves as a charming market town and is known as the gateway to the beautiful Elan Valley Reservoirs & Dams, located just a few miles away. For those interested in broader facilities or transport links, Llandrindod Wells is only 11 miles away, while Aberystwyth's coastal offerings are approximately 35 miles distant. The surrounding countryside is renowned for its natural beauty and outdoor recreational activities, particularly appealing to nature enthusiasts. Upon entering the home through wrought iron railings and a UPVC door, you are greeted by a hallway that provides access to various living spaces. The sitting room features a double-glazed bay window and an electric fireplace with wood surround. A spacious kitchen-dining area is well-equipped with modern appliances and has direct access to a conservatory overlooking the garden. The first floor reveals three bedrooms, with the master featuring multiple windows that fill the room with light and an ensuite shower unit. The remaining bedrooms offer versatile options; one could function as an office or guest room depending on your needs. An attic space on this level has been insulated and boarded and could be transformed into additional usable space subject to relevant regulations. Outdoors, the property sits on a sizable plot with gated access leading to off-street parking. The garden currently requires minimal upkeep but presents an opportunity for landscaping and personal touches. The detached garage and workshop area provide essential storage along with future expansion possibilities due to granted planning permission for conversion. Overall, this property stands out not only for its current features but also for its renovation potential—making it attractive not only as a family home but as an investment opportunity in this scenic locale.

Investment Analysis

(LD6 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£213/sq ft
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£368,071
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LD6)

Area prices are falling by +7.7% over the last 12 months
3 year growth: -8.2%
5 year growth: 24.9%
Investment Disclaimer: Analysis based on LD6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

East Street, Rhayader, Powys, LD6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,246
Based on a loan of £255,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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