3-bedroom property · NP15 1PU
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With origins dating back to the 12th Century, The Mill House is idyllically located on the outskirts of the renowned Market town of Usk.
Situated at the end of a privately owned lane the Mill house has extensive lawned gardens to the rear and side of this historic home, that beautifully frame the view of the Mill Wheel, with an elevated vista that takes in the river Usk & surrounding Countryside.
Within the grounds of the Mill is a large man made lake perfect for the keen “catch & release” fisherman, but offers many alternative opportunities. The garden & grounds extend to approx.
1.5 acres (t.b.c).
The Mill House itself has been completely refurbished by the present Owner to provide extensive flexible accommodation which has been sympathetically restored across three floors, with the split level of the surrounding grounds providing entry level and lower ground level access.
Of particular note are the Mill workings which are beautifully exposed within both the Kitchen breakfast room and the lower ground floor, second reception room, which emphasize the historic ambience that radiates throughout the building.
From the Oak front door, entry is provided to the middle floor of the Mill, with a generous living room, with exposed oak beams, stone fire place, exposed wood floors, open plan onto the dining room, with doors leading to a bathroom with separate shower, the brand new Shaker style Solid beech kitchen breakfast room with range & newly fitted appliances.
A staircase leads from the middle floor to the first floor bedrooms, with a secondary staircase leading from the kitchen breakfast room to the lower ground floor accommodation.
The first floor has three double bedroom with an ensuite shower room to the Master bedroom.
The lower ground floor accommodation has its own private access through a substantial oak door, (larger enough for wheel chair access).
This extensive space has a small newly fitted kitchen, separate W.C, the size of this room would allow easy conversion to annex accommodation or for use as ancillary accommodation to the upper floors.
The second reception room on this floor, has the exposed mill workings, but could become a charming study or additional bedroom.
The location, historic nature and extensive gardens offer a singular opportunity to purchase a home without compare. Telephone 01633 – 222255 if you would like to register your interest in viewing.
Front of Property Living Room 15'8" x 14'9" (4.78m x 4.5m) Dining Room 14'5" x 8'0" (4.39m x 2.44m) Kitchen / Breakfast Room 19'5" x 14'2" (5.92m x 4.32m) Annexe 28'7" x 14'8" (8.71m x 4.47m) Second Annex Room 19'3" x 13'8" (5.87m x 4.17m) Bedroom One 13'6" x 12'6" (4.11m x 3.81m) Bedroom Two 13'8" x 12'7" (4.17m x 3.84m) Bedroom Three 17'0" x 12'0" (5.18m x 3.66m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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