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Verwey Road, Nantyglo NP23 - Image 1
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Verwey Road, Nantyglo NP23

Wales

£55,000
Listed on 13/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those looking to invest in a piece of land with full planning permission, granted on December 3, 2024 (Planning Application Number P/2024/0300). The approved plans include the construction of a two-storey detached cottage along with necessary external works. This is an ideal starting point for developers or individuals seeking to create a tailored living space. Located in Nantyglo, this area has transitioned from its historical roots in the coal industry into a serene village setting. The surrounding communities of Blaina, Brynmawr, Ebbw Vale, and Abertillery contribute to a tight-knit atmosphere, while accessibility to the A465 Heads of the Valley Road allows for convenient travel toward Merthyr Tydfil and Abergavenny. Additionally, nearby rail services from Ebbw Vale and Llanhilleth provide regular connections to Cardiff city center, enhancing its appeal for future residents. The potential for development here is noteworthy; not only does the existing planning permission streamline the process for construction, but it also offers flexibility for customization based on market demands. As Nantyglo continues to evolve as a quieter residential hub away from urban congestion, investing in this property could yield significant returns as demand for homes in tranquil locations rises. For further details on the planning specifics and how you can make the most of this investment opportunity, please feel free to inquire.

Investment Analysis

(NP23 area)
Area Average
£166/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NP23)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 3.1%
5 year growth: 35.1%
Investment Disclaimer: Analysis based on NP23 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

Verwey Road, Nantyglo NP23
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£201
Based on a loan of £41,250 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