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See how verdicts work1-bedroom flat · NP15 1BA
Listing removedListed 350 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained and beautifully presented ground floor apartment occupying part of this attractive Grade II Listed Georgian residence retaining many original period features situated in this highly regarded location in the historic town of Usk.
The Lawns is situated behind a stone wall set well back off New Market Street standing in impressive mature grounds and benefits from gas fired central heating, off street allocated parking and beautiful views across the River Usk.
The accommodation with approximate room sizes is as follows Ground floor Communal entrance hallway (6’7” x 5’10”) (2.01m x 1.77m) shared between flats 2 and 3, glazed door with side screens, storage cupboard.
Entrance hall with hardwood front door, overhead storage shelf, coved ceiling, fuse board.
Lounge / dining room (21’5”’ x 15’11”) (6.52m x 4.86m) bright spacious room with floor to ceiling hardwood sash window offering beautiful views over communal garden, picture rail, ornate coved ceiling, large radiator, feature fireplace recess with wood surround and slate hearth, TV aerial point, open plan to: Kitchen (15’11” x 7’8”) (4.86m x 2.33m) with good quality wall and floor units with work surfaces and matching splashbacks, inset single drainer stainless steel sink unit with mixer tap, four ring gas hob unit with extractor cooker hood over, five over counter spotlights, integrated fridge / freezer, integrated washing machine, laminate flooring, under counter lighting, island unit with cupboard storage under and oak work surface, four ceiling lights over, small paned door to hallway.
Bathroom (6’9” x 6’2”) (2.05m x 1.87m) with fully tiled walls, panelled bath with electric shower unit over, pedestal sink unit with wall mounted mirror over, low level toilet, radiator, coved ceiling, extractor fan, four ceiling spotlights, laminate flooring, wall mounted bathroom cabinet bedroom 1 (9’7” x 9’3”) (2.93 x 2.81m) with hardwood sash window to side elevation, radiator, coved ceiling.
Outside attractive communal gardens allocated parking for one vehicle visitors parking spaces communal bin store services All mains services are connected Gas central heating (combination boiler) Tenure We are informed that the property is leasehold for a term of approx.
970 years at a Ground Rent of £50 per annum, with each owner being an equal shareholder in The Lawns management company and which administers maintenance and levies a monthly service charge of £80 to include buildings insurance and garden maintenance, local authority: Monmouthshire County Council council tax band: D energy efficiency rating: ‘D62’
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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 3, New Market Street, Usk
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