Powys Named UK's Latest House Price Hotspot

Powys, a district in Wales, has been identified as the latest house price hotspot in the UK, defying the trend of falling property values seen elsewhere. According to data from mortgage giant Halifax, house prices in Powys have spiked by 17.4% compared to the same time last year, while average prices in Wales have dropped by 3.6%.

Situated in mid-Wales, Powys offers a diverse property market, catering to various budgets and preferences. From quaint cottages to farms, Grade II listed mansions, and renovation projects, this area has something for everyone.

One property currently on sale is a two-bedroom stone cottage in the hamlet of Rhulen. Priced at £395,000, the cottage has been beautifully renovated and features a cozy reception room with exposed stonework and beams. It also boasts a cottage garden and borders farmland.

For those seeking a renovation project, a detached cottage in Pennant is available for offers over £249,500. With no immediate neighbors and surrounded by open pastureland, this property has plenty of potential. Inside, there are panelled feature walls and an Inglenook fireplace in the spacious living area.

A four-bedroom family farm in Clyro is also up for grabs, priced at £1,350,000. This property, which has not been on the market for 46 years, offers enviable views and a wealth of character. The house, built in 1902, comes with around 14 acres of land, with the possibility of additional land available.

Another attractive option is a three-bedroom detached house in Mochdre, listed at offers in the region of £450,000. Refurbished to a high standard while retaining its charm, this home is set in half an acre and boasts a double garage and spacious living room with a log burning fire.

Lastly, an impressive Grade II-listed 11-bedroom country house in Boughrood awaits its new owner. Priced at £2.4 million, this property, rebuilt in 1817, stands in 18 acres of grounds, offering exceptional views. It also includes three small cottages forming part of the old Coach House, providing potential income opportunities.

With its rising house prices, Powys presents a range of properties for potential buyers, whether they're looking for a modest cottage or a grand mansion. The district's allure lies not only in its attractive homes but also in the natural beauty of the Welsh countryside that surrounds them.