Greenmeadow Bungalow Greenmeadow Terrace, Abertillery, Blaenau Gwent, NP13 1JA

Description

Stop slideshow Previous 1 of 5 Next Enlarge Stop slideshow Previous 2 of 5 Next Enlarge Stop slideshow Previous 3 of 5 Next Enlarge Stop slideshow Previous 4 of 5 Next Enlarge Stop slideshow Previous 5 of 5 Next Enlarge Close Previous Next and closes Wednesday 7th October 2026 from Midday. Description and closes Wednesday 7th October 2026 from Midday. A Detached Fire-Damaged Bungalow - 0.173 Acres An opportunity to acquire a substantially fire-damaged bungalow requiring complete renovation and reinstatement. The property occupies a plot extending to approximately 0.173 acres and is situated within an established residential area of Abertillery. The property offers potential to reinstate the existing bungalow or, subject to the necessary planning consents, explore alternative development opportunities. The size of the plot provides an interesting opportunity for a developer or investor seeking a residential redevelopment project. The Bungalow Formerly comprising two bedrooms, a living room, a kitchen and a bathroom. Outside Off-road parking, former garage and large rear garden. Viewings External only, please note that the auctioneers, agents or sellers will not be responsible for any injury howsoever caused as the site is currently fire damaged. IMPORTANT INFORMATON Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligati

Accommodation

The source particulars describe the accommodation above; room-by-room dimensions should be checked against the auction floorplan and legal pack where available.

Location

Property located at Greenmeadow Bungalow Greenmeadow Terrace, Abertillery, Blaenau Gwent, NP13 1JA. Local access, services and immediate surroundings should be confirmed during viewing and due diligence.

Tenure

Freehold | EPC: F

Tenancy / Occupancy

No passing rent has been assumed unless explicitly stated in the source particulars. Confirm vacant possession, occupational interests and any tenancy documentation in the legal pack.

Development / Planning

The source identifies a development/planning angle. Planning status, drawings, conditions, CIL/S106 exposure, access, services and buildability must be independently verified before bidding.

Investment Analysis

Auctioneer/source facts are set out above. The figures below are HB desktop screening estimates based on the supplied particulars and current property type/condition. They are not an auctioneer valuation or formal survey.

The Base Scenario is used consistently throughout. SDLT is buyer-specific and should be added separately before setting a final bidding ceiling.

Investment Snapshot

Market Comparables

HB desktop market evidence should be read together with the exact property type, condition, tenure and local micro-location. The Low/Base/High GDV range above is a screening range and must be confirmed against recent Land Registry sold evidence before a binding bid is made.

Proposed Works

HB works allowance: Low £20,000, Base £35,000, High £55,000. The Base Works figure is used consistently below; a measured survey and contractor pricing are required before commitment.

Rental Value

HB working rental range: £1,000–£1,300 pcm, with £1,150 pcm (£13,800 pa) used as the Base case. This is a desktop estimate rather than passing rent and should be checked against live comparable lettings.

Low / Base / High Investment Scenario

BTL Analysis

Gross yields exclude management, maintenance, voids, insurance, service charge where applicable, tax and mortgage costs.

BRRR Analysis

Refinance is illustrative and depends on lender criteria, valuation, rent stress testing and property condition.

Flip Analysis

This is a desktop screening surplus, not net profit. SDLT, tax and any additional selling/professional costs must be included before a final decision.

Maximum Bid Indicator

The HB Desktop Screening Ceiling is an appraisal indicator only, not a formal valuation or instruction to bid. Add buyer-specific SDLT and amend finance/return requirements before use.

Strategy Recommendation

Buy-to-Let / BRRR. This is the most relevant desktop strategy based on the source property type and current assumptions. Proceed only after legal-pack, survey, funding and market-evidence checks.

Strategy Rating

BTL ★★★★☆   |   BRRR ★★★☆☆   |   Flip ★★★☆☆

Key Risks

• Condition and refurbishment-cost overrun risk.
• Legal title, special conditions and financeability must be checked.
• Desktop GDV and rental assumptions require confirmation against current comparable evidence.

Analysis Confidence

Medium. The supplied individual-lot scrape provides useful source facts, photographs and location data. Confidence remains below High until the legal pack, physical survey and final sold/rental comparable evidence are fully checked.