Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NP11 4SG
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000. Davis & Sons offer FOR SALE this 2 bedroom house in Abercarn.
Entering the house in to the hallway you will find doors to the sitting room and the separate lounge/dining room this is where you will find the stairs to the first floor and the door leading to the kitchen with a range of wall and base units and the door to the rear garden.
On the first floor you find the 2 bedrooms and the bathroom with a shower over. The rear garden has a mix of seating areas, lawned garden, block built storage shed and a pleasant summer house.
Located close to Abercarn village centre with a good range of local shops. You will find Ysgol Gymraeg Cwm Gwyddon and Abercarn Primary School in easy reach.
For those who need to commute or just want top get out and about, there is a good bus service through Abercarn and the A467 is close by, Newbridge train station is less than 2 miles which can take you to Cardiff, Newport and Ebbw Vale.
NO CHAIN. Contact us to arrange a viewing.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'.
The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 7.2% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Hallway Double glazed glass panel entrance door, under stair storage cupboard, radiator, door to: Sitting room 3.26m x 3.95m (10' 8" x 13' 0") Double glazed window to the front, open fireplace, radiator.
Lounge/Dining Room 3.92m x 3.65m (12' 10" x 12' 0") Double glazed window to the rear, storage cupboard, stairs to the first floor, radiator, door to: Kitchen 2.96m x 2.85m (9' 9" x 9' 4") Double glazed glass panel door to the side leading to the rear garden, double glazed window to the rear, range of wall and base units, stainless steel sink, space for a freestanding cooker with extractor over, radiator.
Landing Doors to: Bedroom 1 3.39m x 3.61m (11' 1" x 11' 10") Double glazed window to the rear, storage cupboard, over the stairs storage cupboard, cupboard with the wall mounted gas combi boiler, radiator.
Bedroom 2 3.86m x 2.58m (12' 8" x 8' 6") Double glazed window to the front, radiator.
Bathroom 2.77m x 2.08m (9' 1" x 6' 10") Double glazed obscured glass window to the front, white suite comprising a close coupled wc, pedestal wash hand basin and bath with electric shower over, extractor fan, radiator.
Rear Garden Steps to a tiered garden, seating area with a summer house, path the garden mainly laid to lawn, block built storage shed.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Bridge Street, Abercarn, Newport. NP11
Explore nearby