1-bedroom flat · NP16 5HS
Sold STCReduced £5k (−2.9%) on 28 JulListed 180 days
Opportunity summary
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About
14 Riverside Mill comprises a first floor apartment within this historic converted mill, located close both to Chepstow’s town centre and the famous River Wye.
This well-appointed building is well-respected and offers an excellent opportunity for either owner-occupier or an investment purchaser.
The accommodation offers entrance hall, spacious living room with brick archway leading though to well-appointed kitchen, inner hallway giving access to the family bathroom and a double bedroom.
Outside the property benefits from allocated parking space and riverside communal gardens. Entrance Hall With airing cupboard.
Living Room (4.67m x 3.72m (15'3" x 12'2")) Spacious living room with windows to the west.
Feature brick archway leading through to: - Kitchen (2.49m x 2.05m (8'2" x 6'8")) Appointed with a matching range of base and eye level storage units with ample work surfacing over and tiled splashbacks.
One and a half bowl and drainer stainless steel sink unit with mixer tap. Four ring electric hob with extractor hood over and oven beneath. Space for full height fridge/freezer and washing machine.
Bedroom (4.28m x 3.41m (14'0" x 11'2")) A double bedroom with window to side elevation.
Bathroom Appointed with a three-piece suite to include vanity wash hand basin set over storage unit, low-level WC, panelled bath with shower over, mixer tap and glass shower screen. Part-tiled walls.
Outside Parking Allocated parking space. Communal Gardens Riverside Mill enjoys communal gardens on the river bank with attractive views of the river and the Lower Wye Valley.
Services Mains electricity, water and drainage. Service charge is £470 per quarter. Ground rent - £100 per annum.
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, Riverside Mill, Chepstow
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