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Old Furnace, Pontypool

Wales

£80,000
Listed on 22/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
565 sqft

Description

This end-of-terrace house offers a unique opportunity for renovation and investment, nestled in a sought-after location that boasts excellent amenities. Nearby, you'll find reputable schools, local shops, green spaces, and various walking and cycling routes that enhance the area's appeal. This property is particularly suited for those looking to undertake a project and capitalize on its potential. Inside, the house features two well-proportioned bedrooms, with the master bedroom benefiting from ample natural light. The second bedroom also serves as a comfortable double space, making it versatile for different living arrangements. The bathroom includes a traditional three-piece suite, providing functionality while presenting opportunities for modern updates. The reception room stands out with its original wood flooring and an inviting traditional fireplace, setting the stage for a cozy living area that can be further enhanced. The kitchen, although compact, has seen some updates over time and could be reimagined into a contemporary culinary space with thoughtful design. While the property requires some renovation work, this presents an attractive proposition for investors willing to put in the effort. It comes with the advantage of no onward chain and will be sold through an online auction process. Externally, there is a garden area that holds promise for transformation into a delightful outdoor retreat with some landscaping attention. Currently categorized in council tax band B and holding an EPC rating of D, this house offers practical advantages alongside its investment potential. The combination of location benefits and room for enhancement makes this property an excellent choice for buyers seeking to create their ideal home or capitalize on rental opportunities in a thriving community.

Investment Analysis

(NP4 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£142/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£123,243
10% above area average per sq ft
Potential ROI
+17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NP4)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 6.1%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on NP4 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

Old Furnace, Pontypool
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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
£293
Based on a loan of £60,000 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