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Botany Bay, Chepstow

Wales

£650,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1349 sqft

Description

Lagreach is a property that offers stunning views over the picturesque Monmouthshire countryside and presents a promising opportunity for renovation. The spacious southeast-facing sitting room features French doors that not only enhance natural light but also provide seamless access to a patio, perfect for enjoying outdoor living in warmer months. The interior boasts charming stone feature walls, original wooden floorboards, and a fireplace with a wood-burning stove, creating a warm ambiance. Adjacent to this room lies a snug or TV room that retains its own character with another stone fireplace and integrated storage. The expansive open-plan kitchen is equipped with modern conveniences alongside traditional features such as wooden beams and an exposed stone wall, making it an inviting space for family gatherings. Although well-designed, there is significant potential for updates to suit contemporary tastes or improve functionality. The first-floor landing leads to four bedrooms, each with unique attributes, including one with an en suite bathroom offering further enhancement opportunities. The elegant family bathroom and utility area are functional but could benefit from modernization. Nestled in the hamlet of Botany Bay near Tintern, the surrounding region is rich in historical significance and natural beauty, presenting excellent investment potential through rental opportunities or as a family home. The property includes generous outside spaces like extensive gardens and large lawn areas ideal for children's play or horticultural pursuits. Significantly, planning permission has been granted for a single-storey front extension and the construction of a detached garage. This opens up exciting possibilities for expanding living space or adding value to the property by enhancing its overall appeal.

Investment Analysis

(NP16 area)

Above Market Value

This property is priced +44.7% above area average per sq ft

+44.7%
This Property
£482/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£494,139
10% above area average per sq ft
Potential ROI
-33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NP16)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -1.8%
5 year growth: 4.6%
Investment Disclaimer: Analysis based on NP16 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

Botany Bay, Chepstow
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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
£2,381
Based on a loan of £487,500 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