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See how verdicts work1-bedroom flat · NP25 5HA
For saleReduced £5k (−5.6%) on 12 AugListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Homeforge House is a popular and desirable retirement home for over 60's. Which benefits of a communal lounge, laundry, guest suite and award-winning gardens.
Located a short walk from Monmouth town centre, this apartment is a stone's throw from the bustling high street and local amenities, including food stores such as Marks & Spencer and Waitrose, a pharmacy and independent cafes and restaurants.
Monmouth also benefits from fantastic schooling, catering to all ages.
With accessible road links to the A40, the property allows for easy commuting to neighbouring towns and cities, while bordering the Wye Valley, outdoor pursuits and countryside walks can be enjoyed, creating a wonderful balance between town and countryside living.
Step inside: - The hallway gives access to living/dinning room, bedroom, shower room and storage cupboard.
The lounge/dinner has a broad window overlooking the beautiful communal gardens, with an arch leading to the kitchen.
The modern kitchen has a mixture of wall and base units, eye level electric oven, built in microwave, two ring electric hob, sink and drainer and space for fridge freezer.
The bedroom is a generous size, again with broad window overlooking the beautiful communal garden. The bedroom also benefits with fitted double wardrobe with hanging space.
The modern fitted shower room has a corner shower with an electric shower, glass screen and sliding doors, tiled splashbacks, vanity wash hand basin, and low-level W.C Outside - The beautiful award-winning garden is very well presented with large area to lawn at the rear of the building, a pleasant patio and seating area to the front.
The flower beds are always well kept and planted with various bedding plants throughout the year. There is a communal car park providing parking space.
Lease details 125 years from 1st February 1988 Current service charge total is £4,559.94 which can be paid in two payments Ground rent is currently £249 per six months = £498 per annum.
Viewings Please make sure you have viewed all of the marketing material to avoid any unnecessary physical appointments.
Pay particular attention to the floorplan, dimensions, video (if there is one) as well as the location marker.
In order to offer flexible appointment times, we have a team of dedicated Viewings Specialists who will show you around.
Whilst they know as much as possible about each property, in-depth questions may be better directed towards the Sales Team in the office.
If you would rather a ‘virtual viewing’ where one of the team shows you the property via a live streaming service, please just let us know. Selling?
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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.
Area
Agent & docs
FAQ
About 29, Homeforge House, Monmouth
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