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8 Spring Terrace, Griffithstown, Pontypool NP4 - Image 1
8 Spring Terrace, Griffithstown, Pontypool NP4 - Image 2
8 Spring Terrace, Griffithstown, Pontypool NP4 - Image 3

8 Spring Terrace, Griffithstown, Pontypool NP4

Wales

£165,000
Listed on 27/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1043 sqft

Description

This two-bedroom detached cottage presents a compelling renovation opportunity for investors or DIY enthusiasts. Situated in the established residential area of Griffithstown, this property is primed for full modernisation and offers significant potential to enhance its value. The generous rear garden not only provides outdoor space but may also allow for expansion or further development, subject to obtaining the necessary permissions. The ground floor consists of two reception rooms, a kitchen, and a WC, while the first floor features two spacious double bedrooms along with an additional versatile room that could serve as an office or dressing area. A thoughtful reconfiguration could maximize the layout to better suit modern living needs. Currently equipped with gas central heating from a combination boiler (not tested), the home also includes off-road parking on a hardstand at the front. Local amenities and excellent transport links via the A4042 and A472 ensure convenient access to Newport, Cwmbran, and beyond. This property is being sold with vacant possession, making it an ideal project for those looking to renovate and resell or rent out.

Investment Analysis

(NP4 area)

Below Market Value

This property is priced -23.0% below area average per sq ft

-23.0%
Potential saving
This Property
£158/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£235,655
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NP4)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +7.5%
5 year growth: +19.0%
Investment Disclaimer: Analysis based on NP4 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

8 Spring Terrace, Griffithstown, Pontypool NP4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 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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