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Corris, Machynlleth, Gwynedd, SY20

Wales

£130,000
Listed on 19/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique parcel of land in the picturesque Village of Corris presents a distinctive investment opportunity for residential development, pending necessary approvals. Previously established as a formal garden, this off-grid retreat features a well-maintained entrance with double gates leading to a designated parking area suitable for 2-3 vehicles. The property is framed by stone walls and floral boundaries, creating multiple intimate spaces within the overall plot. A dedicated walled vegetable garden equipped with raised beds and a compost area enhances its allure. Additionally, the Potting Shed, measuring 7’9 x 14’, is adorned with seasonal roses. A slate patio provides access to various outbuildings, including a dry storage shed and log store, alongside a composting toilet that could be upgraded into a full bathroom. An inviting wooden cabin (12’5 x 17’) nestled against rocky outcrops features a living roof and woodburning stove, providing both charm and insulation. This bijou structure is currently wired for electricity but lacks an active connection. Further storage solutions are available in the garage (16’4 x 12’7) made from stone and corrugated materials, ensuring ample space for outdoor equipment. The rear of the property ascends steeply with well-developed slate pathways weaving through woodland areas, showcasing stunning views across the Corris valley from elevated points. This enchanting landscape has been thoughtfully designed to create various garden-like experiences within one unified property. Ideal for those seeking their own rural sanctuary or investment potential for residential construction, this site embodies the essence of a hidden gem in nature.

Investment Analysis

(SY20 area)
Area Average
£227/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (SY20)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -6.1%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on SY20 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

Corris, Machynlleth, Gwynedd, SY20
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,500 over 30 years at 4.06% 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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