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School Lane, Newtown, Powys, SY16

Wales

£185,000

Listed on 23/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
849 sqft

Description

Situated in a desirable residential neighborhood of Newtown, this 2-bedroom detached bungalow presents an appealing investment opportunity. Its location offers convenient access to the town center, public transport, and various local amenities, making it ideal for those looking to modernize a property according to personal taste. The bungalow currently requires updates and improvements that can enhance its value significantly. Set on a good-sized plot, it features both front and rear gardens, along with the benefit of a garage and driveway parking. Internally, the layout comprises an entrance porch with storage options, a lounge with abundant natural light from side and front windows, an inner hallway leading to a kitchen/dining area equipped with essential appliances and plumbing for additional utilities. The rear lobby provides further utility space, while the two bedrooms are complemented by a bathroom equipped with necessary fixtures. This property allows for significant renovation potential to create a contemporary living space in a sought-after location.

Investment Analysis

(SY16 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£218/sq ft
Area Average
£222/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,279
10% above area average per sq ft
Potential ROI
-1.3%
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
12%
Properties sold annually

Local Market Trend (SY16)

Area prices are rising by +14.4% over the last 12 months
3 year growth: +12.2%
5 year growth: +31.4%
Investment Disclaimer: Analysis based on SY16 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

School Lane, Newtown, Powys, SY16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 over 30 years at 4.45% 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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