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Commercial Street, Pontnewydd, NP44 - Image 1
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Commercial Street, Pontnewydd, NP44

Wales

£60,000
Listed on 07/05/2025

Property Details

Bedrooms
1
Type
Detached house
Area
619 sqft

Description

This versatile terraced property in the village of Pontnewydd offers a unique opportunity for renovation and investment. Previously functioning as a dental laboratory, the space includes a reception area, a storage room, and a kitchen. Its layout allows for creative reconfiguration, making it an excellent candidate for those looking to remodel into either residential or commercial use. The property's rear garden adds value by providing an outdoor area that could be transformed into an inviting space for customers or residents. Given its current condition, this property requires updates, allowing buyers to infuse their personal vision and style while maximizing its potential. Located in the appealing village of Pontnewydd, the property benefits from easy access to local amenities and services, which enhances its attractiveness for prospective tenants or clients. With careful planning and appropriate renovations, this space could yield significant returns on investment. Potential buyers should note that any change of use will necessitate obtaining the relevant planning permissions. The property is classified as freehold with an existing rateable value of £3,350. Interested parties are encouraged to seek professional advice and conduct necessary due diligence before proceeding with an offer.

Investment Analysis

(NP44 area)

Below Market Value

This property is priced -56.8% below area average per sq ft

-56.8%
Potential saving
This Property
£97/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£152,794
10% above area average per sq ft
Potential ROI
+69.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NP44)

Area prices are falling by +2.8% over the last 12 months
3 year growth: 2.7%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on NP44 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

Commercial Street, Pontnewydd, NP44
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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
£220
Based on a loan of £45,000 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