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Llangunllo, Knighton, Powys

Wales

£500,000
Listed on 18/09/2024

Property Details

Bedrooms
2
Type
Detached

Description

Lower Firley presents a remarkable opportunity for buyers looking to invest in a renovation project set within the picturesque Welsh hills. This property is primed for transformation into a desirable lifestyle retreat, with clear potential for expansion to capitalize on its serene surroundings. The current layout includes a central hall leading to a cozy sitting room featuring parquet flooring, alongside a kitchen that connects to a ground floor bathroom and rear lobby. Upstairs, two spacious bedrooms with built-in storage await your creative touch. The house enjoys a south-facing aspect, ensuring ample natural light and splendid views of the countryside. Additionally, the property boasts a detached stone barn covering approximately 1,301 sq ft (121 sq m), which already has planning permission for conversion into living accommodation. This barn could serve various purposes—from an extension of the main home to generating income as a holiday let—subject to any necessary alterations to existing permissions. The expansive land surrounding the property offers around 25.92 acres of hillside pasture, opening possibilities for smallholding or other agricultural ventures. With local amenities available in nearby villages and market towns such as Knighton and Presteigne, this property combines rural tranquility with practical access to essential services. It's an ideal canvas for those seeking both relaxation and investment in the heart of mid-Wales.

Investment Analysis

(LD7 area)
Area Average
£222/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
8%
Properties sold annually

Local Market Trend (LD7)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +2.5%
5 year growth: +49.3%
Investment Disclaimer: Analysis based on LD7 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

Llangunllo, Knighton, Powys
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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