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Commercial Street, Newtown, Powys

Wales

£50,000

Listed on 01/01/2023

Property details

Bedrooms
2
Type
Plot

Features

  • Parking

Description

This distinctive property, originally a smithy, is currently utilized for a combination of workshop, storage, and office functions. It offers a substantial existing space of 18m x 5m, which includes a workshop area, a kitchenette, and an office. The property comes with the advantage of full planning permission to transform it into a two-story residence featuring two bedrooms and dedicated parking. Situated in a location that balances convenience with potential, this site allows for continued use as a commercial workspace or opens the door to redevelopment possibilities. The approved planning reference (20/0597/FUL) enhances its attractiveness for investors looking to capitalize on its renovation potential. For those considering connectivity options, there are resources available to check broadband availability and mobile phone signal strength in the area. It's essential for prospective buyers to be aware that AML checks will be conducted for successful transactions, accompanied by a nominal fee. This property represents an intriguing investment opportunity with the flexibility to adapt to various uses depending on your vision and goals.

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Location

Commercial Street, Newtown, Powys
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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