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Canal Road, Newtown, Powys

Wales

£325,000
Listed on 07/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1111 sqft

Description

Located in a desirable residential area of Newtown, this detached property known as Vernon House presents a unique opportunity for those looking to undertake a renovation project. Set on approximately 1 acre of land, the property includes several outbuildings that also require refurbishment, offering great potential for creative redevelopment (subject to planning permissions). The home itself is characterized by its traditional features but is in need of modern updates, making it an ideal candidate for transformation into a substantial family residence or investment. Internally, it comprises a kitchen with wooden units, a bright living room with parquet flooring and an open fire, a dining room equipped with a range cooker, and additional versatile spaces like a reception room and pantry. On the first floor, there are five bedrooms—three generous doubles and two singles—alongside a family bathroom which holds potential for modernization. The expansive grounds provide ample space for gardening or recreational activities and may hold future development opportunities pending necessary consents from local authorities. Interested buyers should inquire about the property's planning potential with Powys County Council.

Investment Analysis

(SY16 area)

Above Market Value

This property is priced +31.6% above area average per sq ft

+31.6%
This Property
£293/sq ft
Area Average
£222/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£271,612
10% above area average per sq ft
Potential ROI
-36.1%
After renovation
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
52%
Properties sold annually

Local Market Trend (SY16)

Area prices are rising by +16.7% over the last 12 months
3 year growth: +6.8%
5 year growth: +22.9%
Investment Disclaimer: Analysis based on SY16 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

Canal Road, Newtown, Powys
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 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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