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Lakeside Avenue, Llandrindod Wells, LD1

Wales

£195,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1023 sqft

Description

This three-bedroom detached bungalow, nestled in a desirable cul-de-sac of Llandrindod Wells, presents a promising canvas for renovation enthusiasts. The property enjoys a tranquil setting with convenient access to the local lake and amenities, making it an ideal location for a family home or rental investment. The spacious layout features a central kitchen and dining area that serves as the focal point of the home, complemented by a generous reception room at the front. Three well-sized bedrooms are positioned off the hallway, accompanied by both a family bathroom and an additional shower room accessible from the entrance hall, providing functional living spaces that cater to daily needs. While the bungalow currently requires updating, this is an exciting opportunity for buyers to personalize their space and enhance its value. With ample room for modernisation throughout, including potential upgrades in the kitchen and bathrooms, savvy investors can truly transform this property into their dream home. Outside, residents benefit from off-road parking along with a sizeable garage that includes an adjoining workshop and utility area—ideal for storage or hobbyists. The gardens at both the front and rear are private yet overgrown, offering an excellent prospect for landscaping or further development for gardening enthusiasts. Set against the backdrop of Llandrindod Wells' rich history and cultural offerings—such as vibrant festivals, robust local schools, and abundant recreational activities—this bungalow not only provides generous accommodation but also incredible potential within one of Wales’ charming towns.

Investment Analysis

(LD1 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£191/sq ft
Area Average
£222/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£249,704
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LD1)

Area prices are rising by +5.1% over the last 12 months
3 year growth: +8.1%
5 year growth: +26.3%
Investment Disclaimer: Analysis based on LD1 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

Lakeside Avenue, Llandrindod Wells, LD1
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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
£703
Based on a loan of £146,250 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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