2-bedroom flat · NP4 5AS
To rentReduced £70 (−7.8%) on 14 OctListed 58 days · slow let
Opportunity summary
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About
Description Smart Let Wales are pleased to bring to market this recently improved two bedroom first-floor flat offering comfortable accommodation with two bedrooms, a separate kitchen, bathroom and WC.
The property has been recently upgraded, with new carpet and a newly fitted kitchen and also benefits from a rear garden and small balcony providing valuable outdoor space.
Situated in a convenient residential location, in the much sought after area of Griffithstown.
Council Tax Band: B (Torfaen) Deposit: £895 Living Room (2.91m x 4.81m) Smooth plastered walls and ceiling, carpet, radiator, UPVC double glzed window to front and door to small balcony Bedroom 1 (3.87m x 3.39m) Smooth plastered walls and ceiling, radiator, UPVC double glazed wiondow to front.
Bedroom 2 (2.67m x 3.31m) Smooth plastered walls and ceiling, carpet, radiator, UPVC double glazed window to rear WC (1.75m x 0.73m) Smooth plastered walls and ceiling, vinyl flooring, UPVC doible glazed window to rear, low level W.C Bathroom (1.75m x 1.47m) Smooth plastered ceiling, tiled walls and tiled floor, radiator, UPVC double glazed window to rear, full bath with electric shower and pedestal washbasin.
Kitchen (2.78m x 3.00m) Smooth plastered walls and ceiling, vinyl flooring, radiator, UPVC double glazed window to rear.
Range of wall and floor units with worktop, stainless steel sink, integrated gas hob and electric oven.
Garden Enclosed area of lawn ( currently overgrown but will be cut before new tenants move in) Please Note No smokers, Affordability criteria for this property is £26,850 per annum, otherwise a Guarantor will be required.
Holding fee of one weeks rent The holding deposit will be non-refundable should a tenant choose not to enter a tenancy agreement, or fail to take reasonable steps to enter a tenancy agreement.
On completion of a tenancy agreement the holding deposit amount will be deducted from the first month’s rent payment. Bond £895 council tax band = B (Torfaen)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 12 Maple Crescent, Pontypool
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