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Gelligroes Mill, Pontllanfraith, Blackwood NP12 - Image 1
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Gelligroes Mill, Pontllanfraith, Blackwood NP12

Wales

£220,000
Listed on 13/04/2026

Property Details

Bedrooms
5
Type
Detached

Description

This distinctive Grade II listed estate offers a remarkable investment opportunity for those with a vision for restoration. Set in the serene location of Lower Gelligroes, this property comprises a historic 17th-century detached residence, a converted barn that once served as a candle workshop, and a separate Grade II listed water mill complete with original workings. The principal house features spacious rooms including a main reception area, two kitchens, and an adjoining workshop equipped with utility space and dual WCs, creating excellent potential for various uses. The upper level accommodates five generously sized bedrooms alongside a family bathroom. The mill structure provides additional versatile living or workspace options spread across two floors. With sympathetic modernization and adherence to the necessary conservation guidelines, this estate could be transformed into a stunning home or an innovative commercial venture, all within easy reach of local amenities and transport links.

Investment Analysis

(NP12 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£181
Avg Yield
4.0%

Renovation Potential

Heavy 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
22
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NP12)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +6.7%
5 year growth: +18.7%
Investment Disclaimer: Analysis based on NP12 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

Gelligroes Mill, Pontllanfraith, Blackwood NP12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-18.5% since listed
£220,000£40,000(-15.4%)
13/04/2026
Current price
£260,000£10,000(-3.7%)
18/03/2026
£270,000Initial listing
18/11/2025

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