Summary - OXFORD HOUSE HIGH STREET LLANDRINDOD WELLS LD1 6AG
2 bed 2 bath Mixed Use
Spacious maisonette and shop with parking, courtyard and reinstatement potential.
Grade II listed freehold building in prime High Street position
A rare Grade II listed mixed-use freehold in Llandrindod Wells’ prime High Street, offering strong rental income and flexible potential. The property comprises a ground-floor shop with basement and a spacious two-bedroom maisonette above, together providing over 200 sq m of accommodation, two off-street parking spaces and a private courtyard.
This is a straightforward investment for a buyer happy to manage a historic asset: current gross yield is around 8.4% (shop £500 pcm, maisonette £550 pcm). The basement retains previous self-contained services and could be reinstated as a separate unit with appropriate consents, increasing income or providing owner-occupier flexibility.
Buyers should allow for listed-building constraints and practical maintenance: the property requires external and internal upkeep (peeling paint and some signs of damp), and alterations will need listed-building consent. The building has mixed EPC ratings (B & E) and uses electric mains feeding a boiler and radiators.
Location benefits include excellent mobile signal, average broadband, nearby amenities, and strong town footfall from a popular Victorian spa town. Note the local area has high crime statistics and significant deprivation indicators; factor this into management and tenanting strategies.
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