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New Radnor

Wales

£475,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2186 sqft

Description

This distinctive period stone cottage, known as Haines Mill, boasts a rich history dating back to the 14th century in the village of New Radnor. Originally a corn mill, it includes a detached barn previously used for carpentry work. Nestled in the scenic Radnor Valley beside Harley Brook and surrounded by hills and forest, this property benefits from excellent transport links to the towns of Kington, Llandrindod Wells, and Builth Wells. The main house features numerous period characteristics alongside flexible living spaces that could accommodate larger families or serve as guest quarters or a holiday let. Notably, the barn provides an exceptional opportunity for conversion into additional living space (subject to planning) or continued use as a workshop. The layout offers two to three reception rooms, four to five bedrooms, and three bathrooms, with further potential in the main house for an annexe with its own access. Outside, there’s ample parking along with attractive gardens that enhance this tranquil setting. Given its rich character and location, this property presents significant renovation potential that can be tailored to modern living while preserving its historical charm.

Investment Analysis

(LD8 area)

Below Market Value

This property is priced -17.6% below area average per sq ft

-17.6%
Potential saving
This Property
£217/sq ft
Area Average
£264/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£633,973
10% above area average per sq ft
Potential ROI
+12.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LD8)

Area prices are rising by +12.7% over the last 12 months
3 year growth: 24.1%
5 year growth: 41.8%
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

New Radnor
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE