Initial price	£195,000
13/08/25	£150,000
Price Change	-23.08%

For sale by online public auction is the former Lloyds Bank building in Welshpool, a historic property with planning permission to convert and redevelop into residential apartments. The main building has fallen into disrepair, but the rear extension is a let retail unit generating £3600 per annum. The current owner has permission to create four one-bedroom apartments, with a separate application likely to be granted for four more. The property offers a strong rental yield or potential for capital appreciation once completed and sold. With a guide price of £150,000, the vendor is open to pre-auction offers above the guide price, making this a rare opportunity to acquire a prominent town centre location with a lot of potential for redevelopment. Viewings are encouraged to appreciate the scope of the offering, with full details available in the legal pack.