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Residential Development, Crabtree Green, Llandrindod Wells, Powys

Wales

£795,000
Listed on 01/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled on the northwestern outskirts of Llandrindod Wells, this property offers a remarkable development opportunity in an area with promising growth potential. Phase 2 of the Crabtree Green Development is strategically located with easy access from existing roads like Crabtree Green and Crabtree Avenue, branching off the A4081. Spanning approximately 4.29 acres (1.74 hectares), the site has received planning consent for phased construction, making it appealing to builders and developers of various sizes. Llandrindod Wells serves as the administrative hub for Powys County and boasts a rich history as a spa town dating back to the 19th century. The town has evolved significantly over time, particularly becoming a center for local governance in the late 20th century. As the largest town in Radnorshire and fifth largest in Powys, it offers numerous amenities including shops, restaurants, and recreational spaces such as Llandrindod Wells Lake and Rock Park. These factors contribute to its attractiveness for both residents and visitors. The property benefits from proximity to essential services such as Llandrindod Wells War Memorial Hospital and convenient access to public transportation via the Heart of Wales Railway line, which connects Shrewsbury to Swansea. This ensures that larger cities like Cardiff and Hereford are within easy reach. Utilities at the site include mains water, drainage, electricity, and gas-fired heating. Additionally, research indicates that superfast broadband is available in the area—a crucial factor for modern living or business operations. The surrounding region shows very low flood risk from rivers, sea, or surface water, enhancing its viability for development projects. The land will be sold subject to existing wayleaves, easements, and rights of way. A planning pack is available upon request for those interested in diving deeper into this unique opportunity. Overall, this property represents significant renovation and investment potential within a vibrant community that continues to evolve while maintaining its historical charm.

Investment Analysis

(LD1 area)
Area Average
£213/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LD1)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 0.3%
5 year growth: 33.3%
Investment Disclaimer: Analysis based on LD1 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

Residential Development, Crabtree Green, Llandrindod Wells, Powys
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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
£2,912
Based on a loan of £596,250 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.

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