4-bedroom house · NP25 3AY
Listing removedListed 133 daysAuction 23 Jun · ended
Opportunity summary
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About
For sale by online auction - Lot 91 - Cottage for Owner Occupier/Investment Bidding opens: 23/06/2026 12:00 Auction scheduled to end: 25/06/2026 16:58 online auction from 23rd - 25th June A well presented four bedroom home offering spacious and practical accommodation situated in the desirable market town of Monmouth.
The entrance hall provides a useful space for coats and shoes, leading through to the open plan living room which offers character features such as exposed beams and a brick built fireplace.
To the rear of the property is an open-plan kitchen/diner with integrated appliances including a dishwasher, oven, induction hob with extractor fan, and fridge freezer.
The ground floor also benefits from a cloakroom with WC and wash hand basin, along with a useful storage cupboard.
Upstairs, there are four double bedrooms, all enjoying pleasant views to the front or rear.
The family bathroom includes a bath, WC, wash hand basin with vanity unit, and a walk-in shower with rainfall and handheld fittings. We are advised the attic is a usable space with electric supply.
Outside, the rear garden is mainly laid to lawn with fenced boundaries. There is also a timber-framed outbuilding, currently used as a gym and workshop.
Situated in the sought after market town of Monmouth, a location well known for its strong tourism and consistent demand for short term accommodation.
Positioned on the edge of the Wye Valley the area attracts year round visitors.
Monmouth offers a busy town centre with a range of amenities alongside good road connectivity via the A40 providing access towards Bristol, Cardiff and the Midlands.
Ground Floor: Open plan lounge, kitchen/dining room & WC. First Floor: 4 double bedrooms, family bathroom with walk in shower. Access provided to the attic.
Outside: Spacious rear garden with timber shed. Parking for two vehicles located to the front of the property.
Tenure: Advised Freehold - to be verified by solicitor Tenancies: To be sold with vacant possession
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 2 Forge Cottages, Forge Road, Monmouth
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