Worst House on the Street Logo
Development Land at Llanfair Caereinion, Powys, SY21 - Image 1
Development Land at Llanfair Caereinion, Powys, SY21 - Image 2
Development Land at Llanfair Caereinion, Powys, SY21 - Image 3

Development Land at Llanfair Caereinion, Powys, SY21

Wales

£295,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for developers and investors looking to capitalize on the growing demand for residential housing in a strategic location. Situated on the outskirts of Llanfair Caereinion, the site spans approximately 0.49 hectares (1.20 acres) and comes with outline planning permission for the construction of up to nine detached dwellings, including two designated as affordable housing. Llanfair Caereinion is a town rich in community resources, offering a variety of amenities that contribute to its appeal as a residential area. The location benefits from excellent transport links along the A458 trunk road, facilitating easy access to nearby market towns such as Welshpool and Newtown. Residents can enjoy access to essential services including schools, public houses, shops, and recreational facilities—all within walking distance due to established footpath connections. The site itself is currently utilized for agricultural purposes and lies adjacent to existing residential developments, providing an ideal context for new housing projects. With mains water, electricity, and sewerage readily available nearby, infrastructure considerations have been simplified for potential development. Outline planning permission was granted on October 5, 2017, ensuring that necessary approvals are already in place for the proposed development. This aspect significantly enhances the investment potential of the property by reducing timelines associated with obtaining planning consent. The tenure being offered is freehold with vacant possession upon completion. For those considering this opportunity, further details—including planning drawings and site plans—are available upon request from the selling agent. Viewings can also be arranged in advance. Investors will find that this site not only holds immediate development potential but also aligns with broader growth trends in residential housing within a well-connected community setting.

Investment Analysis

(SY21 area)
Area Average
£239/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY21)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -8.0%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on SY21 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

Development Land at Llanfair Caereinion, Powys, SY21
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,081
Based on a loan of £221,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE