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Pool Quay, Welshpool

Wales

£185,000
Listed on 24/03/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those interested in renovation and investment potential. Currently a barn with approved planning permission (ref. M97071) from Powys County Council, the site is poised for transformation into an expansive residential dwelling. With significant groundwork already completed, the structural framework has been meticulously restored and re-erected on new foundations, ensuring durability and integrity for future development. The floor slab has been laid throughout the property, and scaffolding is in place, streamlining further renovations. The proposed designs envision a spacious layout featuring five to six bedrooms, along with multiple living areas including a hall, reception room, dining space, kitchen, study, utility area, and even a mezzanine floor to enhance the living experience. Strategically located within a .26-acre plot that includes additional land suitable for constructing a garage or workshop, this barn conversion offers both privacy and accessibility. The surrounding area provides a serene rural setting while maintaining close proximity to local amenities. The planning history of this property is noteworthy; initial permissions were granted back in 1997, followed by amendments that reflect ongoing commitment to the project. While some planning records were lost over time, Powys County Council has confirmed that rights have been secured for continued development under previous approvals. For those looking to invest in a project with considerable potential in an appealing location, this barn offers an excellent foundation—both literally and figuratively—for creating a unique family home or rental property. Viewings are available strictly by appointment through the selling agents.

Investment Analysis

(SY21 area)
Area Average
£239/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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

Pool Quay, Welshpool
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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
£678
Based on a loan of £138,750 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