Pritchard Terrace, Phillipstown, NP24
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 3-bedroom mid-terrace property
- Buy, Refurbish, Refinance (BRR) opportunity
- Requires full refurbishment
- Front and rear gardens
- Vacant possession
- Established residential rental location
- Estimated rental value: approx. £825 PCM
Description
Description
Investment Property – BRR Value-Add Opportunity
Overview
This opportunity is structured as a Buy, Refurbish, Refinance (BRR) investment, suited to investors seeking long-term rental income, and capital recycling.
The property requires refurbishment, allowing value to be added through execution rather than reliance on market growth.
The strategy focuses on creating equity through refurbishment, followed by refinance and long-term hold.
Property Details
Property type: Residential investment property – mid-terrace
Tenure: Freehold
Configuration: 3 bedrooms, kitchen, bathroom, large open plan reception room/diner
Parking: On-street
Garden: Front and rear gardens
Condition: Requires refurbishment
Status: Vacant
Located on Pritchard Terrace, Phillipstown (NP24 6BS), an established residential area with consistent local rental demand.
Investment Summary
Purchase price: Offers in excess of £65,000
Estimated refurbishment costs: Approx. £30,000
Total capital invested: Approx. £95,000
Estimated end value (GDV): Approx. £125,000
Equity created: Approx. £30,000 (subject to valuation)
Provides scope for refinance post-works, enabling partial or full capital recovery depending on lender terms.
Income & Yield
Estimated end rental value: Approx. £825 PCM
Strategy: BRR followed by long-term hold
Configured to deliver a strong post-refurbishment rental return once stabilised.
(All figures are estimates and subject to due diligence, valuation, and final letting arrangements.)
Strategy Rationale
This opportunity allows an investor to:
Acquire an asset well below market value
Add value through refurbishment
Create equity independent of market uplift
Refinance onto a long-term buy-to-let mortgage
Hold a stabilised income-producing asset
Why This Deal Exists
The property requires a full refurb, limiting owner-occupier demand and creating an opportunity for investors able to execute refurbishment works and unlock value through repositioning.
Rental Demand & Area Context
Phillipstown benefits from:
Established residential demand
Affordable rental market with good tenant retention
Suitability for long-term family lets
Finance & Professional Support
Mortgage, refurbishment, and legal support can be introduced where required via established broker, lender, and contractor relationships.
Final finance terms depend on individual circumstances, valuation, and lender appetite.
Next Steps
Investors proceeding will be provided with:
Full property details and refurbishment overview
Comparable evidence for resale and rental values
Access to professional support where required
A defined first-refusal period
Further detail available upon review.
EPC Rating: C
- 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Pritchard Terrace, Phillipstown, NP24
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
About M&P Property Management, Blackwood
1 Foxes Lane Oakdale Business Park NP12 4AB
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 141db990-1489-4e81-850c-35b104cbff91. 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 M&P Property Management, Blackwood. 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.
*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.
Map data ©OpenStreetMap contributors.