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Old Kerry Road, Newtown, Powys, SY16 - Image 1
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Old Kerry Road, Newtown, Powys, SY16 - Image 3
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Old Kerry Road, Newtown, Powys, SY16 - Image 5

Old Kerry Road, Newtown, Powys, SY16

Wales

£230,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1700 sqft

Description

This Grade II Listed property offers a unique opportunity for renovation and investment potential in the heart of Newtown. Nestled just off Old Kerry Road, it is conveniently located within walking distance of the town center, local amenities, and public transport, making it an appealing choice for those seeking to capitalize on its prime location. The house features three bedrooms and presents a well-designed layout across two floors, although it requires significant updating and refurbishment to realize its full potential. The ground floor includes a welcoming entrance hall, a lounge with charming bay windows, a dining room with space for modern appliances, and an additional living area that benefits from windows on both front and rear aspects. A functional kitchen/dining area provides ample space for culinary creativity as well as a cloakroom with WC. Upstairs, you'll find three bedrooms that vary in size along with a shower room equipped with necessary amenities. The inclusion of built-in storage throughout the bedrooms enhances the practical use of space while maintaining the property's historic character. Outside, the expansive garden area at the front of the home not only provides scope for landscaping but also holds significant development potential subject to obtaining the relevant planning consents. Additionally, there is a garage alongside designated parking that was formerly part of the access road to The Rectory. Access is facilitated via a shared tarmacadam roadway leading from local premises; future owners will need to construct their driveway over part of the garden to connect with Rectory Close and secure access to the garage. Given its condition and desirable location, this property presents an exciting prospect for investors looking to renovate or develop further. Furthermore, be aware of an overage clause stipulating that should future planning consent be granted for an additional residential unit within the garden area, 40% of any resulting increase in value would be payable to vendors—a detail worth considering as you explore the possibilities this property offers.

Investment Analysis

(SY16 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£135/sq ft
Area Average
£224/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£419,441
10% above area average per sq ft
Potential ROI
+44.6%
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

Old Kerry Road, 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
£843
Based on a loan of £172,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE