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Llanmerewig, Abermule, Montgomery, Powys, SY15 - Image 1
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Llanmerewig, Abermule, Montgomery, Powys, SY15

Wales

£225,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1173 sqft

Description

This detached bungalow, set on approximately 0.88 acres in the tranquil hamlet of Llanmerewig, presents a unique opportunity for renovation and development. Located just 4 miles from Newtown, this property features a solid prefabricated structure enclosed by more modern brick exteriors, suggesting a sturdy base for further enhancement or expansion. Ideal for developers, self-builders, or those looking for a countryside project, the property has significant potential awaiting the right vision and necessary planning approvals. The layout includes a hall with loft access, a cozy lounge featuring a log burner, and a kitchen/dining area equipped with fitted units and essential appliances like integrated ovens and hob. The addition of an old Rayburn opens opportunities for creative updates. A garden room provides direct access to the expansive rear garden—a space that is currently overgrown but offers exciting possibilities for landscaping or personal outdoor projects. Bedrooms are modestly sized with natural light streaming in through various windows, while the bathroom is functional but could benefit from modernization. Outside, the gravelled front allows ample parking for several vehicles, while the spacious rear garden encompasses an established pond and presents room to enhance or redesign into one's ideal green space.

Investment Analysis

(SY15 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£192/sq ft
Area Average
£249/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£320,962
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (SY15)

Area prices are falling by +11.0% over the last 12 months
3 year growth: -9.1%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on SY15 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

Llanmerewig, Abermule, Montgomery, Powys, SY15
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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
£824
Based on a loan of £168,750 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