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Llangurig, Llanidloes, Powys, SY18

Wales

£350,000
Listed on 26/05/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1356 sqft

Description

This detached bungalow is set within an expansive plot of approximately 0.695 acres, offering stunning countryside views and the potential for further development, subject to necessary planning permissions. Located just 3 miles from Llangurig - a quaint village with essential amenities including shops and public houses - the property is also conveniently situated near the market towns of Llanidloes (8 miles) and Rhayader (10 miles). The coastal university town of Aberystwyth is accessible within a 24-mile drive, providing additional opportunities for leisure and education. Constructed with rendered walls beneath a tiled roof, this bungalow features double glazing, oil central heating, and solar panels. The interior includes a UPVC conservatory that opens onto the garden, creating an inviting space with views of the surrounding landscape. The layout comprises an entrance hall, a living room complete with a wood-burning stove, a dining room, and a kitchen equipped with ample storage and workspace. The utility room offers practical features including plumbing for a washing machine, while the bathroom is fitted with essential amenities. Three bedrooms provide flexible accommodation options; each has built-in wardrobes. Outside, there's considerable scope for landscaping or recreation in both front and rear lawns along with parking space leading to the garage. Given its location in picturesque Wales close to major attractions like Elan Valley and Clywedog, this property presents excellent investment potential for those looking to remodel or expand their living space amidst beautiful surroundings.

Investment Analysis

(SY18 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£258/sq ft
Area Average
£213/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£318,307
10% above area average per sq ft
Potential ROI
-20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY18)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 14.7%
5 year growth: 18.5%
Investment Disclaimer: Analysis based on SY18 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

Llangurig, Llanidloes, Powys, SY18
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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
£1,282
Based on a loan of £262,500 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