4-bedroom house · NP16 6PE
Listing removedReduced £145k (−10.4%) on 2 JulListed 194 days
Opportunity summary
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About
Old Oaks is a comparatively rare example of a barn conversion done beautifully well.
It is an outstanding, eco efficient home full of character and charm sitting in grounds of approximately 7 acres in a glorious rural setting yet only 7 miles from the Severn Bridge and the market town of Chepstow.
The flexible accommodation could offer 5 bedrooms but currently comprises 3/4 bedrooms, 3 bathrooms, vast open plan kitchen/living/dining room with a feature wood burner, spacious galleried landing/reception room, sitting room/bedroom 4, pantry, utility room, large walk in store room presently used as an office and a selection of outbuildings.
Set behind two sets of electronic gates, Old Oaks is not listed and is approached via its winding driveway through the grounds to an area of ample parking at the front of the house with an island turning circle.
Constructed by the current owner back in 2009, the house is served by oil fired central heating and hot water with a double immersion heater as a back up.
There is underfloor heating throughout on both floors although we are advised this is rarely used due to the higher specification of wall, floor and roof insulation, double glazed windows throughout and triple glazed velux windows in the roof.
All fenestration has integral electronic blinds.
The water, sourced from the property's own borehole, is treated through a pH correction unit and water softener and the solar panels offer the option to turn the electricity to the home's supply through its own battery storage system.
There is also an EV point and a CCTV security system. Outside The grounds and views at Old Oaks are beautiful with paddocks and fields already divided by fencing.
The views are far reaching and there is a portion of the boundary shared with stunning, ancient woodlands managed by the Welsh Forestry Commission, Natural Resources Wales.
There are ample terrace areas, stables and storage. The former is served by a large electronic canopy and there is electricity and water in the stables.
There are 4 water and electricity points in the garden and all exterior lighting can be controlled remotely from the house.
Old Oaks is situated south east of the popular village of Devauden which is served by a local shop, church, playground and ever busy village hall; all within reasonable walking distance.
Devauden is a village and community in Monmouthshire, southeast Wales. It is located between Chepstow and Monmouth near the top of the Trellech ridge on the B4293 road.
From Chepstow, follow the A466 north past the racecourse on your right. Turn left after The Piercefield public house on to the Devauden Road.
After just under 3 miles the property is signposted on the right, just after the signs for Veddw and just prior to entering the village
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 Devauden, Chepstow
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