Summary - 9 SEVERN STREET NEWTOWN SY16 2AQ
1 bed 1 bath Mixed Use
Ready income and redevelopment potential in central Newtown.
ERV £18,000 p.a., estimated GIY circa 10% at asking price
A substantial freehold mixed‑use building in central Newtown offering immediate income and clear redevelopment upside. The ground floor is a fully fitted takeaway with commercial kitchen and ancillary storage, while the upper floors provide large residential accommodation across two levels. The property is offered with vacant possession and an estimated ERV of £18,000 p.a., giving a gross initial yield around 10% at the asking price.
For investors this is a hands‑on opportunity: the takeaway trades ready to occupy, and the flat above could be converted to a self‑contained unit subject to planning (STTP). There is useful basement and outbuilding storage, and the building’s generous overall footprint (c.145 sq m / 1,559 sq ft) supports alternative layout options or asset enhancement to boost income.
Buyers should factor in material location and site considerations. The property sits in a very deprived area with very high local crime levels, and the plot is very small with no significant outdoor space. Any residential self‑containment or wider alterations will require planning permission and likely refurbishment to modern standards. VAT is not applicable.
Takeaway for sale in 41 Crescent Street, Newtown, Powys, Mid Wales, SY16 2EX, SY16 — £80,000 • 3 bed • 1 bath • 666 ft²
Commercial property for sale in Broad Street, Newtown, Powys, Mid Wales, SY16 — £375,000 • 10 bed • 1 bath
High street retail property for sale in 24 High Street, Newtown, SY16 2NP, SY16 — £250,000 • 1 bed • 1 bath • 3275 ft²
Commercial property for sale in Shortbridge Street, Newtown, Powys, SY16 — £200,000 • 1 bed • 1 bath • 1432 ft²
3 bedroom house for sale in 41 Crescent Street, Newtown, Powys, Mid Wales, SY16 2EX, SY16 — £80,000 • 3 bed • 1 bath • 666 ft²
High street retail property for sale in Agricultural House, Old Kerry Road, Newtown, SY16 1BS, SY16 — £295,000 • 1 bed • 1 bath • 19404 ft²
