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Saint Mary Street, Risca, Monmouthshire, NP11

Wales

£675,000
Listed on 13/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
9571 sqft

Description

This distinctive former chapel and showroom, previously utilized for retail purposes under Class E, boasts a generous floor area of approximately 9,571 sq ft. The property features convenient parking and includes a roller shutter entrance, enhancing accessibility. With an EPC rating of E, it presents significant potential for redevelopment or alternative use, pending the necessary planning approvals. This offers a remarkable chance for investors or developers looking to capitalize on the adaptable nature of the space in a dynamic market.

Investment Analysis

(NP11 area)

Below Market Value

This property is priced -63.6% below area average per sq ft

-63.6%
Potential saving
This Property
£71/sq ft
Area Average
£194/sq ft
Avg Rent (weekly)
£190
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Target Value
£2,040,872
10% above area average per sq ft
Potential ROI
+138.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
129%
Properties sold annually

Local Market Trend (NP11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +8.1%
5 year growth: +32.0%
Investment Disclaimer: Analysis based on NP11 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

Saint Mary Street, Risca, Monmouthshire, NP11
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,434
Based on a loan of £506,250 over 30 years at 4.06% 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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