2-bedroom terraced house · NP16 5PJ
For saleReduced £10.1k (−4.8%) on 7 SepListed 273 days
Opportunity summary
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About
Offered to the market with the benefit of no onward chain this delightful Georgian Grade II listed townhouse occupies a pleasant position on a quiet residential road within a stone's throw to Chepstow town centre and will no doubt suit a variety of markets to include a first time buyer or a professional couple seeking a convenient, low maintenance property and town centre location or indeed an investment opportunity.
We would strongly recommend an internal viewing to appreciate what this property has to offer.
The current living accommodation is arranged over three floors and comprises to the ground floor: A generous living/dining room with feature fireplace, a fully fitted modern kitchen and a shower room.
To the first floor is the first double bedroom affording fitted wardrobes and to the second floor is a second double bedroom that offers fantastic versatile use as a further reception space or indeed study which is perfect for the everyday home worker.
The property also benefits a private gated courtyard to the front and a Worcester Bosch gas combi boiler.
There is on road permit parking available, approximately £60 per annum through Monmouthshire County Council.
Ground Floor Lounge/Dining Room (4.09m x 3.10m (13'5" x 10'2")) Wooden glazed entrance door leads through to a good size reception space with tiled floor, feature exposed stone fireplace with feature free standing electric fire (to remain).
Spiral staircase leading to the first floor.
Open archway to: - Kitchen (3.18m x 1.73m (10'5" x 5'8")) A modern kitchen appointed with a matching range of base and eye level storage units with ample laminate work surfacing over and tiled splashbacks.
Four ring gas hob with extractor hood over and oven below. One bowl and drainer stainless steel sink unit with mixer tap.
Space for washing machine and undercounter fridge (both to remain if required). Sash window to front elevation.
Shower Room Appointed with a three-piece suite to include low-level WC, pedestal wash hand basin with chrome taps and tiled surround, walk-in shower cubicle with mains fed shower unit and tiled surround.
Window to side elevation. Tiled flooring. First Floor Stairs And Landing Spiral staircase leads to: - Bedroom 1 (3.40m x 3.10m (11'2" x 10'2")) A double bedroom with sash window to front elevation.
Fitted wardrobe with inset shelving.
Second Floor Stairs Spiral staircase leads directly to: - Bedroom 2 (4.09m x 3.10m (13'5" x 10'2")) A double bedroom with feature large sash window to front elevation. Loft access point.
This bedroom offers fantastic versatility and could be utilised as a further reception space or study depending on requirements. Outside To the front, the wrought iron gate leads to a small courtyard.
On road permit parking available, approximately £60 per annum through Monmouthshire County Council. Services All mains services are connected, to include mains gas central heating.
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 14, Steep Street, Chepstow
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