LOT 1 - Freehold Of Plas Maldwyn, Ty Gwyn Road, Caersws, Wales, SY17

For Sale

Restructuring, Land Residential (Resi Rightmove), Caersws, SY17


LOT 1 - Freehold Of Plas Maldwyn
Ty Gwyn Road
Caersws
Wales
SY17

A freehold investment comprising the Grade II Listed former Llys Maldwyn Hospital which has in the main been converted to provide 35 residential dwellings. 23 of the apartments within the development have been sold on a long leasehold basis with an annual income of £150 per apartment, increasing to £250 in 2027. The site also includes 12 dwellings which are at various stages of completion, 4 of these are completed apartments, 6 require finishing works and there are also two detached bungalows which require full refurbishment.


LOT 1 - Freehold Of Plas Maldwyn, Ty Gwyn Road, Caersws, Wales, SY17
  • Ref: 2049169
  • Tenure: Freehold
  • Types: Restructuring, Land Residential (Resi Rightmove), Residential Investment, Residential Development
  • Size: 1.80 ac
  • Freehold: £800,000 for the freehold

Key Features

  • Freehold site

  • Opportunity for both ground rent and AST income

  • 35 residential dwellings

Location

LOT 1 - Freehold Of Plas Maldwyn, Ty Gwyn Road, Caersws, Wales, SY17

The site is located off Ty Gwyn Road in the Welsh County of Powys, the development is 2.5 miles north east from the centre of the village of Caersws and can be accessed via the A489 and A470 from Newtown. The village benefits from public houses, a school, a range of local shops in addition to a railway station which offers services to Shrewsbury and Aberystwyth.

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