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Merthyr Road, Abergavenny

Wales

£190,000

Listed on 17/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1117 sqft

Description

This three-bedroom Grade II listed Victorian terrace is located in the heart of Abergavenny and presents a unique opportunity for comprehensive refurbishment. Offered with no onward chain, the property retains numerous original features, including a cellar and a rear garden, along with driveway parking. The house requires significant work before it can be occupied, as it currently lacks a fitted kitchen and bathroom, and the gas and water supplies need to be reconnected. This makes it suitable for cash buyers only. The ground floor consists of an entrance hall, two reception rooms, and an unfitted kitchen. Additionally, there is the footprint of a dilapidated former outhouse off the dining room. The upper floor contains four rooms that can be allocated as three bedrooms and a bathroom. Given its Grade II listed status, any proposed works will need to consider necessary consents. The garden features a paved area at the front, which includes an outside WC, and steps leading up to the main section with a pathway connecting to the driveway at the rear, accessible via Regent Street.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

71out of 100
Grade BGood opportunity

Confidence: MEDIUM

This three-bedroom Grade II listed Victorian terrace in Abergavenny presents an exceptional opportunity for those looking to invest in a substantial renovation project. With an asking price of £190,000, equating to just £170 per square foot, this property is significantly below the local average of £303 per square foot, making it an attractive acquisition for cash buyers. The original features of the home, combined with its generous layout and the potential to create a modern living space, offer a canvas for transformation.

However, the property does require extensive refurbishment, including the complete installation of a kitchen and bathroom, and reconnection of gas and water supplies. The condition is severe across the living areas and bedrooms, with visible damage throughout. This is a heavy project, classified as full-gut work, which will demand a substantial budget and a well-planned programme. Potential buyers should be prepared for the scale of the renovation needed, but the rewards could be significant given the low entry price and the character of the property.

Key opportunities

  • Retain and enhance original features while modernizing the layout.
  • Possibility to create a charming family home with a bespoke kitchen and bathroom.
  • Utilize the large garden space for outdoor living or additional landscaping.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Merthyr Road, Abergavenny
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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