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Derlwyn Street, Phillipstown, New Tredegar - Image 1
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Derlwyn Street, Phillipstown, New Tredegar

Wales

£60,000
Listed on 01/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house presents a significant opportunity for renovation and investment, situated in a desirable area known for its excellent transport connections and proximity to local amenities. The property is ideally suited for first-time buyers, growing families, or investors looking to capitalize on the area's potential. Inside, the home features two spacious reception rooms that offer flexibility for both relaxing and entertaining. The kitchen, while functional, is in need of modern updates, providing a blank canvas for those who wish to reimagine the space and enhance its value. One bathroom serves the household, with ample room to consider adding additional facilities as part of any renovation plans. The outdoor area includes practical outbuildings, which can be used for extra storage or transformed into utility spaces—adding further value to the property. The layout of the house allows for creative changes that could significantly improve both livability and market appeal. Located within a vibrant community, this property is just a short distance from reputable local schools, shopping options, and recreational facilities. Residents benefit from easy access to public transport, ensuring quick commutes to surrounding areas. The affordable council tax band A further enhances its attractiveness for long-term investments. This terraced home stands as an ideal project for those looking to put their personal touch on a property in a sought-after location. With its strong potential for rental income or future appreciation in value, it offers a promising avenue for buyers seeking a renovation project with great upside.

Investment Analysis

(NP24 area)
Area Average
£109/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (NP24)

Area prices are rising by +11.2% over the last 12 months
3 year growth: 11.9%
5 year growth: 44.6%
Investment Disclaimer: Analysis based on NP24 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

Derlwyn Street, Phillipstown, New 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
£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