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Warrage Road, Raglan, Usk, Monmouthshire, NP15 - Image 1
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Warrage Road, Raglan, Usk, Monmouthshire, NP15 - Image 3

Warrage Road, Raglan, Usk, Monmouthshire, NP15

Wales

£355,000

Listed on 26/09/2026

The listing

Property details

Bedrooms
2
Type
Bungalow
Area
899 sqft

Description

This charming detached bungalow is set on a spacious plot, offering stunning countryside views towards Raglan Castle and the surrounding mountains. The property presents an excellent opportunity for modernization and potential extension, with planning permission already granted (Ref: DM/2024/01547). A private driveway provides ample off-road parking, complemented by a large detached garage and an additional wooden outbuilding. Located just outside Raglan, this home enjoys easy access to major road networks, making it a convenient choice for commuters. The bungalow features a welcoming entrance hallway leading into a bright and airy kitchen/dining/living room, which boasts quarry tile flooring and a characterful fireplace with a wood-burning stove. Large windows offer picturesque views of the garden and fields beyond. The kitchen includes wooden units, a sink with a window above, and space for modern appliances, including a Rangemaster cooker. An external porch leads to the extensive rear garden, perfect for outdoor enjoyment. Inside, the sitting room, currently utilized as a bedroom, features a bay window that frames the beautiful front views. The master bedroom benefits from a fitted double wardrobe, while the family bathroom includes a spacious shower cubicle and vanity cupboard. A utility area provides additional storage and laundry facilities, and stairs lead up to an attic space currently used as a home office, complete with Velux windows that showcase the stunning mountain views. Outside, the property is approached via a quiet lane and features a private driveway with plenty of parking space. The rear garden is level, mainly laid to lawn, and wraps around the side of the property. A paved patio area offers an ideal spot for outdoor seating while enjoying views of the neighboring fields. The detached garage has both an up-and-over door and a pedestrian side door, along with additional storage areas. This property is serviced by mains water and electricity, with oil-fired central heating. An EPC rating of Band E indicates potential for energy improvements. Avoca is situated in a desirable location close to local amenities in Raglan, including schools, shops, and restaurants, with the historic town of Monmouth just a short drive away.

WHOTS analysis

Our WHOTS verdict

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

37out of 100
Grade ELow opportunity

Confidence: MEDIUM

Avoca is a characterful detached bungalow set on a generous plot with lovely countryside views towards Raglan Castle. While the property does require modernization, it offers plenty of scope for improvement, especially with its spacious garden and potential for extension, making it an appealing project for buyers looking to add value.

However, the asking price of £355,000 translates to £395/sqf, which is notably above the local average of £345/sqf, indicating that the price may be on the higher side for the area. Moreover, when factoring in the estimated renovation costs of £40,000 to £80,000, the all-in costs could leave you stretched against local benchmarks for similar properties, making the economics a significant consideration. This means that while there is potential here, careful budgeting and planning will be essential to ensure a profitable outcome.

Key opportunities

  • Scope for modernization to enhance the living space and overall appeal
  • Spacious garden with potential for landscaping and outdoor improvements
  • Opportunity to extend the property, as indicated by existing planning permission

Key risks

  • Asking price plus renovation costs could leave overall expenses stretched compared to local market values
  • Factor in roughly £415,000 including the asking price and quoted works of about £60,000, leaving a gap of around 25% versus area norms for this sqft, so margin after refurbishment is unproven.

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Map

Location

Warrage Road, Raglan, Usk, Monmouthshire, NP15
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Finance

Mortgage calculator

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

£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,341
Based on a loan of £266,250 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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