1-bedroom house · NP7 5NQ
For saleReduced £10k (−5.9%) on 15 OctListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priory Gardens is a highly sought-after purpose-built complex of low-rise apartments for the over-55s, ideally located approximately 200 yards from the centre of Abergavenny.
This well-positioned ground-floor apartment enjoys a pleasant outlook over the communal gardens.
The lounge features south-facing patio doors, providing plenty of natural light and direct views of the gardens, while the kitchen and bedroom overlook the more secluded gardens to the rear.
The bathroom has been upgraded to a modern wet room, complete with a walk-in shower and folding shower seat. Further benefits include double glazing and off-peak electric storage heaters.
Residents also have access to a guest suite within the development.
The property is offered to the market with no onward chain, and viewing is highly recommended to fully appreciate the accommodation, outlook and convenient location.
The property is leasehold, with the exact number of years remaining on the lease to be confirmed. The current combined service charge and ground rent is £322.82 per calendar month.
This charge covers the grounds maintenance, exterior maintenance of the buildings, water rates and the services of an on-site housing manager.
The location is particularly convenient, with Abergavenny town centre and St Mary’s Priory both within approximately 200 yards.
A pathway and gated access from Priory Gardens leads through the church grounds, providing easy access to a range of independent shops, bakeries, restaurants, pubs and a cinema.
The town also offers supermarkets, leisure facilities, dental and medical surgeries, and a hospital.
The development is conveniently situated close to the bus station, St Mary’s Church and Swan Meadows, which provides attractive walks.
Abergavenny railway station offers mainline connections to Cardiff, Bristol, London, Manchester and the Midlands.
Value & comps
No previous sales on record.
Returns
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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 15, Priory Gardens, Abergavenny
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