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See how verdicts work1-bedroom flat · NP25 5HA
For saleListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern and spacious purpose-built apartment located in the popular residential home of Homeforge House which enjoys a great sense of community.
The apartment is located on the second floor serviced by a lift. There is a large double bedroom, a modern kitchen with rear views and a modern fully fitted shower room.
The building also offers residence parking. Situation One of 48 retirement apartments in the purpose built Homeforge House which has a 24-hour Careline system and stairs and lift service.
The flat is situated on the second floor to the rear of the building providing a pleasant outlook.
In addition to their own private apartments, residents of Homeforge House enjoy the benefits of a communal lounge, laundry and guest suite.
Located on Goldwire Lane just over the Monnow Bridge at the bottom of town, the building is easily accessible to the centre of Monmouth town, with its wealth of amenities and Bridges Community Centre within a level short walking distance.
Accommodation Entry to the building is by entry phone and the flat is on the second floor, accessed via a lift.
Enter into the apartment with an Entrance Hallway giving access to all rooms, the open plan Living / Dining Room offers rear views with a large window offering plentiful light.
There is a deep storage cupboard housing the immersion heater and the electricity meter.
Off this room is the Kitchen which is fitted with modern new floor and wall storage units with a rear facing window.
There is a stainless steel sink with drainer an electric oven and hob, space for fridge with tiled splashbacks.
--- Off the hallway is a large Double Bedroom offering fitted double wardrobes and a rear facing window towards the view.
The Bathroom provides a modern fitted step in Shower with a vanity unit with wash hand basin, low flush w.c., heated towel rail and extractor fan.
Outside The grounds at Homeforge House are beautifully kept with patio seating areas around the building, planted borders and lawns.
To the front of the building is private resident parking for owners and guests.
Viewing Strictly by appointment with the Agents: David James, Monmouth Tenure Leasehold for an original term of 125 years from about 1988 subject to the annual ground rent and maintenance charges.
It is a requirement of the sale that the minimum age of the main occupier is 60 years.
We recommend you have this verified by your legal advisors Service Charges Payable Twice a year at - £2279.97 (October 2025) Ground Rent Payable Twice a year at £249.39 (October 2025) Local Authority Monmouthshire County Council
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Goldwire Lane, Monmouth, Monmouthshire, NP25
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