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See how verdicts work2-bedroom flat · NP25 3UZ
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a purpose-built retirement residence within level walking distance of Monnow Street with two bedrooms and a modern shower room.
The apartment offers a quiet outlook located on the second floor with lift access.
Situation Chippenham Court is located in a particularly favoured position within the town centre, with plenty of parking for residents and visitors and attractive communal gardens that overlook Chippenham Park at the rear.
The high street and bus station is only a few hundred level yards walk away and an excellent choice of national and independent shops and supermarkets including Waitrose and Marks & Spencer.
Further amenities include doctor’s surgery, dentists, banks and other professional services.
Accommodation Chippenham Court is a welcoming purpose-built home with a communal entrance hallway upon entry with seating.
The apartment is located on the second floor with lift access to all floors and there is a lockable storage cupboard on the landing outside the apartment.
Upon entering the HALLWAY there are three deep storage cupboards providing hanging space.
The SITTING ROOM is a spacious room with a large window allowing plentiful light into the space and double doors which open to a Juliet balcony.
The KITCHEN is fully fitted with floor and wall storage units and a sink with drainer and a large window above.
There is a wall mounted gas boiler, space for an upright fridge freezer and a range cooker with five-ring gas hob and oven and extractor fan above.
- The MAIN BEDROOM is a spacious double room with a pleasant outlook. There are built in storage cupboards and wardrobes.
The current owner has been using the SECOND BEDROOM also has built in wardrobes and cupboards.
The apartment benefits from a modern SHOWER ROOM with a large shower cubicle, low flush WC and wash hand basin on a vanity unit and mirrored cabinet over.
However, the building does provide its own laundry room if preferred, which is located on the ground floor.
Outside There is communal parking, fantastic well-kept communal gardens overlooking Chippenham Park and views to The Kymin there is also a covered bin store.
Service Charge £2,580 per annum (inclusive of ground rent, water bills and upkeep of the gardens/grounds) from 1st April 2023 to 31st January 2025.
(Price increase expected in 2027.) We recommend that a prospective purchaser has this confirmed by their solicitor. There is a guest room on the ground floor, chargeable per night as required.
Tenure We are informed the property is Leasehold. Intended purchasers should make their own enquiries via their solicitors. Purchasers are required to be over 60 years of age.
If purchased by a couple only one needs to be aged over 60.
“Pets not to be kept in the flat except with prior written consent from the landlord (which will not be unreasonably withheld) which consent may be withdrawn at any time if said pet causes a nuisance or annoyance to the landlord or other owners or occupiers at the other flats in the estate” General EPC Band C LOCAL AUTHORITY Monmouthshire County Council
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
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FAQ
About Chippenham Court, Monmouth, Monmouthshire, NP25
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