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Erwood, Builth Wells, Powys.

Wales

£79,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
871 sqft

Description

This two-bedroom end terrace cottage is situated in the village of Erwood, conveniently positioned between the market towns of Brecon and Builth Wells. While the property requires renovation and modernization, it presents an excellent opportunity for those looking to invest in a project with significant potential. The absence of onward chain simplifies the purchasing process for prospective buyers. Inside, the ground floor features an entrance hall that leads to a pantry, a living/dining room adorned with a charming stone fireplace, and a kitchen that flows into a rear porch, which could easily serve as a utility area. The layout offers ample space and character, providing a solid foundation for updates and enhancements. On the first floor, you'll find a generous landing that connects to two bedrooms and a bathroom. Although the property lacks garden space, it benefits from rear access via a right of way through neighboring gardens, offering some outdoor options. Given its central location within Erwood and proximity to major market towns, this cottage has strong investment potential. It not only offers character but also invites creative vision to transform it into a modern retreat or rental opportunity.

Investment Analysis

(LD2 area)

Below Market Value

This property is priced -62.0% below area average per sq ft

-62.0%
Potential saving
This Property
£91/sq ft
Area Average
£239/sq ft

Renovation Potential

Est. Renovation Cost
£7,900 - £19,750
10-25% of property value
Target Value
£228,651
10% above area average per sq ft
Potential ROI
+131.5%
After renovation
Monthly Sales
3
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LD2)

Area prices are falling by +6.3% over the last 12 months
3 year growth: -6.9%
5 year growth: 29.0%
Investment Disclaimer: Analysis based on LD2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Erwood, Builth Wells, Powys.
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