Summary - FLAT 2, 24-25 CASTLE STREET, HAY-ON-WYE HR3 5DF
4 bed 2 bath Detached
Large period building with two private apartments and retail income potential.
Prominent high-street retail with traditional shopfront and display windows
A rare mixed-use opportunity in Hay-on-Wye: a large Victorian/Edwardian commercial building with ground-floor retail and two self-contained apartments above and below. The property extends to about 2,986 sq ft and sits on the busy high street of the festival town, offering clear rental or owner-occupier with income potential.
The retail unit has a traditional shopfront, display windows, rear stock/change rooms and an underground store room. Two apartments are currently presented as habitable and separate — one accessed from the retail core and the other via its own side alley — allowing straightforward short- or long-term lets or a single large residence if combined.
Important practical points: the building dates from before 1900 with granite/whinstone walls and is assumed to have no wall insulation, so energy efficiency improvements may be needed. The town is in a very deprived district classification, which may affect rental yields and funding options, and broadband speeds are only average. Mixed-use ownership brings additional management, licensing and compliance responsibilities to consider.
For investors or owner-occupiers seeking a character-rich property in a nationally recognised festival town, this offers strong upside: multiple income streams, separate access points for lettings, and scope for sympathetic refurbishment to improve energy performance and returns. Viewings are recommended to assess layout and commercial potential in person.
3 bedroom town house for sale in Hay on Wye, Hereford, HR3 — £575,000 • 3 bed • 1 bath • 1978 ft²
High street retail property for sale in Castle Street, Hay-on-Wye, Hereford, Powys, HR3 — £400,000 • 1 bed • 1 bath • 1348 ft²
1 bedroom apartment for sale in Lion Street, Hay-on-Wye, Hereford, HR3 — £225,000 • 1 bed • 1 bath • 605 ft²
4 bedroom town house for sale in Hay-on-Wye, Hereford, HR3 — £695,000 • 4 bed • 2 bath • 2214 ft²
4 bedroom semi-detached house for sale in Hay-On-Wye, HR3 — £695,000 • 4 bed • 3 bath • 1848 ft²
2 bedroom flat for sale in Hay-on-Wye, Hereford, HR3 — £155,000 • 2 bed • 1 bath • 893 ft²
