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Broad Street Presteigne LD8 2AF

Wales

£550,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1127 sqft

Description

This detached three-bedroom residence presents an excellent opportunity for renovation and investment, positioned discreetly just off Broad Street in Presteigne, a charming market town nestled within the picturesque Marches region. Surrounded by pristine countryside, this property is rooted in a community known for its cultural festivals and independent local businesses, making it an attractive locale. The home features a good-sized garden, ample parking, and significant outbuilding space—including a double bay workshop and multiple garages—that could be repurposed or renovated subject to obtaining necessary planning permissions. The layout encompasses several functional areas including a kitchen/dining room with modern utilities, a utility room, and a spacious sitting room with access to the patio area. While some internal updates may be needed to fully realize its potential, the existing foundations provide a solid base for creative improvements that could enhance both aesthetic appeal and value. Additionally, local amenities are conveniently accessible in nearby towns such as Knighton, Leominster, and Ludlow.

Investment Analysis

(LD8 area)

Above Market Value

This property is priced +82.2% above area average per sq ft

+82.2%
This Property
£488/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£332,116
10% above area average per sq ft
Potential ROI
-43.7%
After renovation
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
41%
Properties sold annually

Local Market Trend (LD8)

Area prices are rising by +14.7% over the last 12 months
3 year growth: +22.1%
5 year growth: +40.9%
Investment Disclaimer: Analysis based on LD8 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

Broad Street Presteigne LD8 2AF
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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
£1,984
Based on a loan of £412,500 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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