2-bedroom flat · NP7 5HJ
For saleListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An award winning development and ideal retirement or investment, this spacious and well maintained flat is available with no chain.
In a peaceful position and enjoying views over the Gavenny and communal gardens towards the Blorenge, you can sit back from your balcony and enjoy the view.
Inside, a private entrance has stairs off to the landing where there is a large utility style cupboard providing excellent storage.
There are two good sized bedrooms, a large bathroom and living/dining room which has patio doors onto the balcony and kitchen/breakfast room off. Brief Lease Details: 999 Year lease commenced 2016.
Ground rent and service charge is £2043.40 p.a and includes garden and estate maintenance, exterior building maintenance, insurance and management costs.
Please note pets are to be agreed with the management company. All information to be verified by the purchaser’s solicitor.
Mill Close is a select and private development, tucked off Monmouth Road enjoying a peaceful position which is within easy reach of the town centre.
The historic market town of Abergavenny is affectionately known as The Gateway to Wales, with the beautiful Brecon Beacons National Park on your doorstep.
The town has a range of local amenities such as independent shops, supermarkets, cafés, restaurants, hotels, a theatre, cinema, general hospital, primary and secondary schools and a mainline train station.
A celebrated annual food festival entices national and international visitors every September, together with cycling, walking, music and art events throughout the year.
The town and surrounding area is also well known for its gastropubs and restaurants. The town has good road links towards Hereford, Brecon, Swansea, Bristol, Newport and Cardiff.
Council Tax: We have been informed that this property has been placed under council tax band ‘E’. Services: All mains services. Gas central heating.
Please note we have not tested the appliances, central heating or services. Telephone & Broadband: Telephone- subject to BT transfer regulations.
According to Ofcom the following networks are available: Openreach and Ogi. The speeds available are standard, superfast and ultrafast.
For more information visit: Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 8, Mill Close, Abergavenny
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