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Llangybi, Usk, NP15

Wales

£350,000
Listed on 19/10/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1905 sqft

Description

This property presents a unique opportunity for both those looking to invest and homeowners seeking a space to personalize according to their own vision. With three bedrooms currently in place, the existing planning consent allows for an expansion into a spacious four-bedroom residence featuring a master suite complete with an ensuite and dressing area. The ground floor offers a functional layout with a generously sized kitchen and snug that connect to the rear garden, providing an excellent flow for indoor-outdoor living. Complementing these spaces are a large lounge and dining area, perfect for gatherings or quiet evenings at home. Additionally, planned improvements include a garage and hardstanding at the rear of the property, adding practicality and potential value. Nestled in the heart of Llangybi, this home not only offers the tranquility of village life but also convenient access to acclaimed schools in the Usk area, making it particularly appealing for families focused on educational opportunities. The community atmosphere combined with picturesque surroundings creates an environment that embodies the charm of Monmouthshire’s countryside. For those interested in renovation possibilities, this property stands as an affordable canvas where you can either live comfortably while undertaking gradual updates or dive into more extensive renovations right away. This location enhances its investment potential by being within easy reach of the M4, ensuring that future commuting needs are well met while enjoying all that village life has to offer.

Investment Analysis

(NP15 area)

Below Market Value

This property is priced -47.1% below area average per sq ft

-47.1%
Potential saving
This Property
£184/sq ft
Area Average
£347/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£727,139
10% above area average per sq ft
Potential ROI
+84.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NP15)

Area prices are falling by +21.8% over the last 12 months
3 year growth: -18.6%
5 year growth: -6.7%
Investment Disclaimer: Analysis based on NP15 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

Llangybi, Usk, NP15
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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
£1,282
Based on a loan of £262,500 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