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Meifod, Powys, SY22

Wales

£490,000

Listed on 22/07/2026

Property details

Bedrooms
N/A
Type
Detached
Area
2179 sqft

Description

This traditional farmhouse set in the picturesque Powys countryside presents a significant opportunity for renovation and investment. The characterful four-bedroom property, with origins tracing back to the 15th century, boasts considerable potential for enhancement and extension, subject to planning approval. With original oak paneling and a variety of functional spaces, including multiple living areas and bedrooms, this property invites creative redevelopment to restore its historic charm. The extensive array of farm buildings adds to the property's appeal, offering options for various potential uses such as residential conversion, commercial enterprises, or setups suited for equestrian activities—all pending necessary permissions. The land spans approximately 16.81 acres, providing diverse natural environments with pasture and woodland areas that could be further developed or utilized for sustainable practices. The farmhouse requires comprehensive refurbishment; it features single-glazed windows, outdated utilities including an untested private water supply, and drainage systems needing replacement. The surrounding grounds encompass mature lawns and productive fields that enhance the property’s overall value as both a home and income-generating smallholding or lifestyle farming venture.

Investment analysis

(SY22 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£225/sq ft
Area Average
£245/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£587,001
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SY22)

Area prices are falling by -16.2% over the last 12 months
3 year growth: -14.9%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on SY22 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

Meifod, Powys, SY22
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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
£1,851
Based on a loan of £367,500 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.

Stamp duty calculator

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