# Land to lease (NP26 3EN)

## Property Details

| Key | Value |
|-----|-------|
| Address | PATCHWAY, CALDICOT, UNDY, MONMOUTHSHIRE NP26 3EN |
| Price | POA |
| Council tax | TBC |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 73 m² |
| Last sold | £225,000 Sep 2012 |

## Description

Two level blocks of recently established Italian rye

grass extending to approximately 39.15 acres (15.84 hectares). The land has been recently fertilised and is offered as a whole under a Mowing Licence for a single cut of silage, to be taken on or before 30th April 2026 unless otherwise agreed in advance.

## Property Photos

- ![Picture No. 01](/listings/photos/173033693/1315083) - Picture No. 01
- ![Picture No. 02](/listings/photos/173033693/1315086) - Picture No. 02
- ![Picture No. 03](/listings/photos/173033693/1315090) - Picture No. 03
- ![Picture No. 04](/listings/photos/173033693/1315094) - Picture No. 04
- ![Picture No. 05](/listings/photos/173033693/1315098) - Picture No. 05

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PATCHWAY, UNDY, CALDICOT, MONMOUTHSHIRE, NP26 3EN | £225,000 | 11/09/2012 | Detached |
| PATCHWAY, UNDY, CALDICOT, MONMOUTHSHIRE, NP26 3EN | £60,000 | 05/07/1996 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MOORGATE CHURCH ROAD, UNDY, CALDICOT, MONMOUTHSHIRE, NP26 3EN | £375,000 | 06/04/2022 | Other |

**Area average:** £375,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £500,000 (2 Other, NP26, 2024–2026)
- **Deviation:** -99.8%

## Rental Range

*ONS Price Index of Private Rents (Monmouthshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £893/mo
- **Realistic:** £992/mo
- **Optimistic:** £1,091/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Whitechapel Walk, NP26 | £1,050/mo | 2 | 0.58 miles | OpenRent |
| 2 Bed Terraced House, Acacia Avenue, NP26 | £925/mo | 2 | 0.63 miles | OpenRent |
| 2 Bed End Terrace, Acacia Avenue, NP26 | £1,075/mo | 2 | 0.64 miles | OpenRent |
| 4 Bed Semi-Detached House, Meadow Rise, NP26 | £1,250/mo | 4 | 0.65 miles | OpenRent |
| 4 Bed Detached House, Windsor Close, NP26 | £1,950/mo | 4 | 0.95 miles | OpenRent |
| 2 Bed Flat, Salisbury Walk, NP26 | £950/mo | 2 | 1.16 miles | OpenRent |

**Average rent: £1,200/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 86.14% (strong)
- **Max investor price (0.8%):** £132,875
- **Target investor price (1%):** £106,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,063/mo).*

- **Gross yield:** 1033.7%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £927/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3107.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £17/m²

## House Price Index (HM Land Registry)

*Official index for Monmouthshire; All dwelling types series; as of April 2026.*

- **1y growth (index):** -2.7%
- **5y growth (index):** 17.7%
- **10y growth (index):** 55.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)