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The Forge, Norton, Presteigne, Powys

Wales

£425,000
Listed on 27/03/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

Nestled on the outskirts of Norton, The Forge presents a unique opportunity for renovation enthusiasts or developers. This property features a quaint cottage accompanied by an attached barn, both in need of comprehensive refurbishment. Spanning approximately 1 Acre (0.40 Ha), the site is ideally located near the picturesque town of Presteigne, celebrated for its community spirit and outdoor activities. With convenient access to local amenities such as independent shops, cafes, and schools, this area also boasts excellent transport links to Hereford and Birmingham, making it appealing for both residential and rental investments. Given the property's condition and potential need for extensive repairs—including restoration of damaged waste pipes and addressing issues like Japanese Knotweed and possible asbestos—buyers should be prepared for significant redevelopment work. This property offers a canvas for creating a bespoke living space or potentially generating rental income in a desirable location.

Investment Analysis

(LD8 area)
Area Average
£269/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
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
33%
Properties sold annually

Local Market Trend (LD8)

Area prices are rising by +14.8% over the last 12 months
3 year growth: +14.4%
5 year growth: +36.0%
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

The Forge, Norton, Presteigne, 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
£1,533
Based on a loan of £318,750 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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