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Park Hill, Tredegar

Wales

£200,000
Listed on 18/10/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This expansive property offers a promising investment opportunity with its generous land size and full planning permission for the development of three detached residences, each featuring four bedrooms. Set in an attractive location, the site is just a short five-minute stroll from the town center and essential amenities, ensuring convenience for future residents. The land benefits from sweeping views across the valley, which will enhance the appeal of the new homes once constructed. Each property is designed with off-road parking for two vehicles, adding to the practicality and desirability for potential buyers or renters. With the right vision and renovation plans, this site could transform into a sought-after neighborhood that capitalizes on both its scenic views and proximity to local conveniences. The freehold tenure adds further value, providing long-term security for any development investment. This opportunity presents not only a chance to create modern dwellings but also to contribute positively to the community by enhancing housing options in this vibrant area.

Investment Analysis

(NP22 area)
Area Average
£151/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NP22)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 4.3%
5 year growth: 36.0%
Investment Disclaimer: Analysis based on NP22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Park Hill, Tredegar
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE