Flat 2, 33 Moor Street, Chepstow, NP16 5DD
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
850 sq ft
79 sq m
Description
Two bedroom flat occupying the second floor of a mixed-use period building occupying a high street presence in Chepstow producing an attractive approx. 10.3%. gross net yield.
Description
A spacious two-bedroom leasehold flat occupying the second floor of a mixed-use period building in the vibrant town centre of Chepstow. The property forms part of a traditional terraced structure with ground-floor retail premises (currently occupied by Monmouthshire Wool) and another flat below. Access is via an independent doorway off Moor Street, leading to a staircase shared with the neighboring flat. Please note that the marketing photos shown were done prior to the current tenants moving in but we understand present a fair representation of the property and its layout and are provided strictly for guidance purposes only.
Given its central position and appeal to visitors exploring the castle, racecourse, and regional attractions, the property presents strong potential as an Airbnb or to continue with assured shorthold tenancy agreement. We understand that the current rent payments are guaranteed by Monmouthshire Council for up to 2 years. We understand that the current rental income is £875pcm and is set to increase to £927pcm from November 2025 onwards. The lease has approximately 103 years remaining. Ground rent is approximately £75.00 per annum, due annually in March.
Please refer to the legal pack for confirmation on leases and tenures.
Situated on Moor Street in the heart of Chepstow, the location offers immediate access to a range of local amenities, including independent shops, cafes, supermarkets and pubs. Chepstow Castle is within easy walking distance, as is Chepstow Racecourse. The train station provides direct services to Bristol and Cardiff, making it ideal for commuters. The surrounding area includes scenic walks along the Wye Valley and proximity to the M48 motorway for links to the M4.
For any further information or clarification please refer to the legal pack once available.
Accommodation
GF - Communal entrance
FF - entrance hallway, a generous open-plan kitchen/living/dining room, two bedrooms and a bathroom.
Informed Leasehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co
Viewing
Viewing by appointment with Seel and Co
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Flat 2, 33 Moor Street, Chepstow, NP16 5DD
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Visit our security centre to find out moreDisclaimer - Property reference 311209. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Seel & Co Ltd, Cardiff - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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