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Limebrook Mill, Lingen

Wales

£535,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2110 sqft

Description

This detached four-bedroom cottage, steeped in character and history, presents a unique opportunity for renovation and investment. Located on the picturesque Herefordshire/Shropshire border, the property is nestled within approximately 29 acres of stunning countryside, making it an ideal canvas for those seeking to create their dream rural retreat or embark on a smallholding venture. The cottage requires significant refurbishment but offers substantial potential across its generous two-story layout. The first floor accommodates four bedrooms, while the ground floor features a kitchen, utility room, dining room, and sitting room with an appealing inglenook fireplace. An adjoining former mill adds further possibilities; this structure retains unique historical elements like the lesser face gear and drive shaft, which could be converted into additional living space or a creative workshop, subject to necessary permissions. Surrounding the main house are several out-buildings, including traditional barns that could serve various agricultural or storage purposes. The land comprises gently rolling pasture and established woodland, with the Lime Brook meandering through part of the property. This diverse landscape not only provides ample opportunities for grazing animals or equestrian activities but also hosts a public footpath that connects you to the greater countryside—perfect for those who enjoy exploring nature. Situated just one mile from the village of Lingen, this property benefits from a tranquil rural lifestyle while remaining accessible to nearby towns such as Presteigne and Wigmore. The local area is rich in outdoor activities and natural beauty, attracting walkers and cyclists alike. The village itself fosters a strong community spirit with essential amenities including a church, village hall, and public house. This property is available with no upward chain, providing an expeditious route to ownership. For buyers looking for an investment or renovation project in an idyllic setting rich with potential, this cottage offers a rare opportunity to craft something truly special in a charming part of the countryside.

Investment Analysis

(SY7 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£254/sq ft
Area Average
£276/sq ft

Renovation Potential

Est. Renovation Cost
£53,500 - £133,750
10-25% of property value
Target Value
£640,712
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SY7)

Area prices are falling by +5.3% over the last 12 months
3 year growth: -5.4%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on SY7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Limebrook Mill, Lingen
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