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See how verdicts work2-bedroom flat · NP7 5JT
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This light and spacious, ground floor apartment is available with no chain and benefits from its own private entrance. The apartment comprises of an open-plan kitchen/living room with fitted kitchen.
It is a great space for those who like to entertain and socialise. The kitchen has an integrated fridge/freezer and dishwasher, plumbing for a washing machine and fitted hob and oven.
There are two double bedrooms with fitted wardrobes and a bathroom. The main bedroom also has an en-suite shower room.
The inviting entrance hall also has an airing cupboard and a useful storage cupboard.
Outside the apartment has an allocated parking space and use of the attractive and well-tended, communal gardens and grounds. Brief Lease Details: 999 Year lease commenced 31st March 2003.
Ground rent is £250 per annum and we have been advised the service charge is £6980 P.A.
And includes building insurance, an allowance towards the central heating and water, as well as maintenance of the grounds and communal areas. Please note pets are not permitted.
All information to be verified by the purchaser’s solicitor. Sarno Square is an impressive conversion set in a stunning, Grade II Listed, former hospital.
Converted in 1999 this award winning development is within easy reach of the town centre and sits in superb communal grounds with lawns, mature planting and views.
The historic market town of Abergavenny is affectionately known as The Gateway to Wales, with the beautiful Brecon Beacons National Park on your doorstep.
The town has a range of local amenities such as independent shops, supermarkets, cafés, restaurants, hotels, a theatre, cinema, general hospital, primary and secondary schools and a mainline train station.
A celebrated annual food festival entices national and international visitors every September, together with cycling, walking, music and art events throughout the year.
The town and surrounding area is also well known for its gastropubs and restaurants. The town has good road links towards Hereford, Brecon, Swansea, Bristol, Newport and Cardiff.
Council Tax: We have been informed that this property has been placed under council tax band ‘D’. Services: All mains services. Gas central heating.
Please note we have not tested the appliances, central heating or services. Telephone & Broadband: Telephone- subject to BT transfer regulations.
According to Ofcom the following networks are available: Openreach and Ogi. The speeds available are standard, superfast and ultrafast.
For more information visit: Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.
Value & comps
No previous sales on record.
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 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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FAQ
About 16, Sarno Square, Abergavenny
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