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Park Street, Newtown, Powys, SY16

Wales

£160,000
Listed on 04/05/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1453 sqft

Description

This expansive five-bedroom end terrace town house presents a wealth of renovation and investment opportunities in the heart of Newtown. Its prime location offers convenient access to the town center, local amenities, and essential services, including a library and health center, all within walking distance. The property's layout spans three floors, providing a versatile canvas for potential buyers. While it requires modernization and upgrades, this presents an excellent opportunity to transform the space into a desirable family home or potentially convert it into multiple apartments, subject to local authority approvals. The ground floor features a rear entrance porch leading to a utility room and cloakroom with WC. The kitchen includes fitted units with an inset stainless steel sink and plumbing for a washing machine, seamlessly connecting to the dining room. The lounge offers an open fireplace and ample natural light from windows on both the front and side. Additionally, there is a cozy sitting room facing the front of the property. Moving to the first floor, you'll find three bedrooms along with a bathroom equipped with both a bath and an electric shower. The second floor continues with two additional bedrooms that include built-in wardrobes and multiple windows allowing plenty of sunlight. A useful store area completes this level. Outdoor space is also generous; the property boasts a spacious rear garden featuring lawn areas, a paved patio, flower beds, and a garden shed—ideal for outdoor activities or gardening enthusiasts. It's worth noting that there is side access leading to this garden area, with an existing right of way in favor of the neighboring property. Street parking is available with a required permit. This property stands as an appealing option for those looking for an investment project or seeking to create their ideal living space in a thriving community setting.

Investment Analysis

(SY16 area)

Below Market Value

This property is priced -50.9% below area average per sq ft

-50.9%
Potential saving
This Property
£110/sq ft
Area Average
£224/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£358,499
10% above area average per sq ft
Potential ROI
+79.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY16)

Area prices are rising by +13.9% over the last 12 months
3 year growth: 7.0%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on SY16 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

Park Street, Newtown, Powys, SY16
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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
£586
Based on a loan of £120,000 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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