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See how verdicts workProperty · NP25 3EH
For saleListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Lock Up Garages in the centre of the town about 150 yards off the main shopping centre in Monmouth.
Description The garages, numbers 3 and 4, form part of a range of four garages and workshop.
Additional land to the front extends to 15’ to 17’ and the 10’ deep area at the rear, which is enclosed by a close boarded fence, gives a useful amenity area.
All as shown edged red on the particular’s plan. Constructed in 1968 of concrete block under a tiled roof (possible loft storage space) with pebble dash elevations.
The garages are part of a range of four garages and a workshop. Both garages are spacious single car units with room for putting in an overhead loft area.
In addition, the area to the front of the garages is a parking area ranging from 15’ to 17’ in depth.
The outside wall from garage 4 is not included Situation Nailers Lane is situated just off and accessed from Monnow Street, sitting below Monmouth Castle walls and beyond is the River Monnow.
The property is situated in a greatly sought-after location in the historic part of the town. Services Mains electricity and mains water, which would require a sub-meter arrangement.
Connection to the mains sewer has been made to a point in the corner of the garage 4. Rights The external wall to the front of the property will remain in the vendor’s ownership.
The party wall between garage 2 and garage 3 will become the responsibility of the purchaser.
Local Authority Monmouthshire County Council Viewing Strictly by appointment with the Agents: David James, tel . Guide Price Offers Over £60,000
Value & comps
No previous sales on record.
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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
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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 Nailers Lane, Monmouth, NP25
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