High Street, Llandrindod Wells, LD1
JA

High Street, Llandrindod Wells, LD1

By James.Dean

£ 167,500

Reviews

3 out of 5 stars

James.Dean says ..

A superb investment opportunity to purchase a Grade II listed, fully let commercial shop with basement, as well as a first and second floor maisonette, in a high street position within the spa town of Llandrindod Wells, currently bringing in a gross yield of around 7.5%, with the added be...

Property Oracle says ..

The property is a two bedroom, two bathroom terraced house located on High Street, Llandrindod Wells. It’s a period property with some modern updates. The location is central, with easy access to local amenities and transportation links. The train station is within walking distance. There are also several schools nearby, although specific Ofsted ratings are not provided. The property appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings in the kitchen and bathrooms. There is evidence of some updates, but the property retains its original character. The property does benefit from a basement which appears to be used as additional living space. The list price of £167,500 is significantly lower than the average house price in the area (£296,000). However, the average price per square foot is £218, and this property is 2206.6 sqft. This would put the property at approximately £479,440. The discrepancy between the list price and the average price per square foot suggests that the property may be undervalued, particularly given its location and apparent condition. However, the lack of plot size information makes a definitive statement on value difficult. Further investigation into comparable properties of similar size and condition in the immediate vicinity would be beneficial. The property does not appear to have a private garden, but the lack of plot size information prevents a conclusive statement on this matter. The property does however benefit from parking.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
9
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
2,206.60

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
234,667.00 £
Decreased by 17.18 %
from 283,333.00 £
Est sale value
284,651.40 £
Increased by 13.16 %
from 251,552.40 £
Average area rental value
500.00 £/mo
Increased by 26.58 %
from 395.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.56 %
Increased by 53.29 %
from 1.67 %
Crime Rate
66.00 %
Unchanged by 0.00 %
from 66.00 %

Agent Activity

  • James.Dean created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol CefnllysWelsh Establishment0.19 KM
Ysgol Trefonnen Church In Wales Community PrimaryWelsh Establishment0.81 KM
Crossgates C.P. SchoolWelsh Establishment6.41 KM
Newbridge-On-Wye V.P.Welsh Establishment7.23 KM
Llanelwedd C.I.W. SchoolWelsh Establishment9.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Terrace £ 85,00000.00 KM
Heol Middleton / Middleton Street £ 130,00000.00 KM
Princes Avenue £ 125,00000.00 KM
Broadway £ 000.00 KM
A483 £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Llandrindod4227LLO0.32 KM
Pen-Y-Bont (Mid Wales)4254PNY7.55 KM
Builth Road4317BHR9.39 KM

Nearby Properties

AddressPriceDistance
Hour Cottage £ 89,0000.01 KM
Ithondale £ 120,0000.07 KM
4 Oxford Avenue £ 142,0000.10 KM
Ardwyn House £ 180,0000.19 KM
Lindley £ 149,0000.19 KM