Initial price	£230,000
11/01/25	£195,000
Price Change	-15.22%

For sale by online public auction is 42 Broad Street, Welshpool, a historic building in the town center that offers a great opportunity for investors and developers to acquire and renovate. The former Lloyds Bank building has been vacant for years and is in a poor state of condition, but it has a large extension to the rear that is let as a retail unit generating £3,600 per annum. Planning permission has been granted to develop the site into residential apartments, with the potential to create eight modern one-bedroom apartments and a retail unit, providing a strong rental yield or capital appreciation. The property is listed for sale by auction, but the vendor will consider pre-auction offers above the guide price. Viewings are encouraged to appreciate the scope of the offering, and full details are available within the legal pack.