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Old Farm Lane, Lilleshall, Newport

West Midlands

£650,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Cottage
Area
1691 sqft

Description

This detached Duke of Sutherland cottage, paired with a separate bungalow annexe, presents a remarkable opportunity for those looking to invest in a property with significant renovation potential. Nestled on nearly half an acre, the site offers stunning elevated views across the open countryside, making it an idyllic retreat on the outskirts of Lilleshall village. With the original cottage having been in the same family for close to a century, it carries unique character and charm. The layout includes three reception rooms, a breakfast kitchen, utility area, downstairs shower room, and two double bedrooms upstairs—where the existing WC could be transformed into a full bathroom to enhance functionality. Additionally, there is a cellar for storage and an adjoining washhouse accessible from the kitchen. The bungalow annexe complements this setup with its own entrance and comfortably accommodates multi-generational living with one double bedroom featuring an en-suite wet room. Both dwellings offer extensive scope for modernization or expansion (subject to local planning permissions). The property additionally comes with a detached double garage and ample driveway parking. With no upward chain, this presents an attractive proposition for investors or those seeking to create their personalized countryside haven.

Investment Analysis

(TF10 area)

Above Market Value

This property is priced +33.4% above area average per sq ft

+33.4%
This Property
£384/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£356
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£536,081
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TF10)

Area prices are rising by +11.7% over the last 12 months
3 year growth: +14.7%
5 year growth: +27.0%
Investment Disclaimer: Analysis based on TF10 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

Old Farm Lane, Lilleshall, Newport
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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