5-bedroom house · NP16 6LG
For saleListed 119 days
Opportunity summary
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About
A charming Grade II* listed mill house and adjoining Mill, the house dating from the mid- 1700s and The Mill itself believed to date from 1650, forming part of the former St.
Pierre estate, located in an idyllic location, along a quiet lane, just set away from the popular village of Mathern.
Mathern itself is steeped in history with the Bishop's Palace and charming local church and is located within easy reach of the historic town of Chepstow with a local range of facilities, along with M48 motorway network bringing Cardiff and Bristol within commuting distance.
The main house is much loved and presented in good order and is attached to the former mill which offers, subject to necessary listed buildings consent and planning consent, potential to incorporate into the main property to offer additional accommodation if required.
The property stands in delightful grounds of approximately 2.25 acres with stream and mill pond and a variety of wooded areas, lawned areas and flower borders.
The accommodation itself offers entrance porch with hallway and stairs off with charming sitting room with attractive period fireplace.
A good-sized dining room with wood burning stove and a farmhouse style kitchen with two useful pantry storerooms as well as large utility room, with cloakroom/WC and a useful workshop.
On the first floor the property is approached from the characterful staircase with principal bedroom, main guest bedroom and third bedroom, along with well-appointed bathroom and a separate shower room.
Please note the shower room could be converted to provide an en-suite for the main bedroom if required and subject to consent.
Then heading to the first floor via a charming period staircase there are two further bedrooms and a large landing.
The mill itself retains much of the original workings with immense character and charm, with large room with further workshops on the ground floor, a similar arrangement to the first floor and attic rooms to the top floor.
As aforementioned this offers wonderful potential in various directions whether one wanted to pursue further residential accommodation or to use for running a business or workshop activities.
The property stands in attractive gardens and grounds offering privacy, peace and seclusion. There is also useful parking to the front of the property and further parking to the side.
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.
Area
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FAQ
About Mathern Mill,, Chepstow
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