Lower Bridge Street, Pontypool, Monmouthshire, Torfaen, NP4
By Harvey Bowes
£ 139,900
Reviews
2 out of 5 stars
Harvey Bowes says ..
A fantastic leasehold investment opportunity with 999 years remaining! These two tenanted flats in the same building generate a 12% gross rental yield, offering excellent returns.
Property Oracle says ..
This four-bedroom property in Pontypool, located on Lower Bridge Street, presents a mixed bag. While its central location offers easy access to schools (St Alban’s RC High School and West Monmouth Comprehensive School are nearby), amenities, and transport links (Pontypool and New Inn train station is within reach), the condition of the property needs careful consideration.
The kitchen appears to have been recently updated, showing a modern and well-maintained aesthetic. However, images of other areas, like the bathroom and some of the bedrooms, suggest the property would require further renovations to bring it up to a consistently high standard. The absence of details on the plot size is a notable drawback, as the lack of outdoor space could be a major factor for many potential buyers.
The pricing, at £139,900, warrants further investigation due to the lack of square footage information. Comparing it to other properties on Lower Bridge Street with an average price of £155,000 suggests that it could be competitive. But the necessary renovations might offset this initial affordability. Overall, potential buyers should conduct a thorough survey before committing to purchase, to accurately assess the cost of any necessary repairs and upgrades, and also to determine the property’s overall value. The location is strong however the condition and lack of information regarding the land size and total square footage impact the overall appeal.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 283,000.00 £Decreased by 21.70 %
- Average area rental value
- 1,134.00 £/moIncreased by 19.24 %
- Est rental Yield
- 4.81 %Increased by 52.22 %
- Crime Rate
- 44.00 %Unchanged by 0.00 %
Agent Activity
Harvey Bowes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Alban'S R.C. High School | Welsh Establishment | 0.35 KM | |
| West Monmouth Comprehensive School | Welsh Establishment | 0.39 KM | |
| George Street Primary School | Welsh Establishment | 0.96 KM | |
| Penygarn Primary School | Welsh Establishment | 1.18 KM | |
| Ysgol Gyfun Gwynllyw | Welsh Establishment | 1.72 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lower Bridge Street | £ 155,000 | 0 | 0.00 KM |
| Clarence Street | £ 0 | 0 | 0.00 KM |
| St James' Field | £ 227,500 | 0 | 0.00 KM |
| Glantorvaen Road | £ 0 | 0 | 0.00 KM |
| Hanbury Road | £ 80,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pontypool And New Inn | 3744 | PPL | 2.76 KM |
| Cwmbran | 3738 | CWM | 5.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lower Bridge Street, Pontypool, NP4 | £ 150,000 | BUY | 6 / 10 | 0.00 KM |
| Aneurin Bevan Court, Pontypool | £ 69,950 | BUY | 6 / 10 | 0.02 KM |
| Aneurin Bevan Court, Pontypool | £ 75,000 | BUY | 5 / 10 | 0.03 KM |
| 35 Commercial Street, Pontypool, NP4 6JQ | £ 145,000 | BUY | 4 / 10 | 0.30 KM |
| Nicholas Street, Pontypool, NP4 | £ 170,000 | BUY | 6 / 10 | 0.34 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Lower Bridge Street | £ 110,000 | 0.00 KM |
| 2 Lower Bridge Street | £ 80,500 | 0.00 KM |
| 22 Clarence Street | £ 85,000 | 0.08 KM |
| 6 Clarence Street | £ 59,000 | 0.08 KM |
| 10 Clarence Street | £ 25,000 | 0.08 KM |