# 3 bedroom semi-detached house for sale (NP16 5TB) ## Property Details | Key | Value | |-----|-------| | Address | 5 PRESTON CLOSE, CHEPSTOW, CHEPSTOW, MONMOUTHSHIRE NP16 5TB | | Price | £259,950 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Last sold | £126,000 Sep 2003 | ## Description 5 Preston Close comprises of a well appointed end terrace house occupying a pleasant position within this quiet residential cul-de-sac. The property briefly comprises on the ground floor kitchen, sitting room and WC and to the first floor three bedrooms, one with en-suite shower room, and a family bathroom. The property benefits from allocated off road parking for two vehicles. Being situated in Thornwell, a range of facilities are close at hand to include local primary school, pub and shops with a further abundance of amenities in nearby Chepstow. There are good bus, road and rail links with the A48, M4 and M48 motorway networks bringing Bristol, Cardiff and Newport all within easy commuting distance. These properties are very saleable to either first time buyers or investment purchasers. **Entrance Hall** - Access to downstairs WC. **Ground Floor Wc** - Low level WC and wall mounted wash hand basin with chrome mixer taps inset into vanity storage unit with tiled splashbacks. Wood effect flooring. **Kitchen** - 2.6m x 3.6m (8'6" x 11'9") - With window to front elevation. Fitted with a range of eye and base level cupboards with wooden effect worktops over. Single stainless steel sink and drainer with chrome mixer tap and tiled splashbacks. Space for washing machine and fridge/freezer. Free standing four ring gas cooker with extractor fan over. Under stairs storage. Wood effect flooring. **Sitting Room** - 4.5m x 3.7m (14'9" x 12'1") - A spacious reception room with sliding patio door to the rear garden. Continuation of wood effect flooring. **First Floor Stairs And Landing** - With window to side elevation and loft access point. **Bedroom 1** - 3.4m overall x 3.1m (11'1" overall x 10'2") - With window to front elevation. Built-in cupboard. Access to en-suite shower room. **En-Suite Shower Room** - Frosted window to front elevation. Fitted with a three piece white suite comprising of a pedestal wash hand basin with chrome taps, low level WC and corner shower unit with half tiled walls. Vinyl flooring. **Bedroom 2** - 2.6m x 2.8m overall (8'6" x 9'2" overall) - With window to rear elevation. **Bedroom 3** - 2.8m x 1.8m (9'2" x 5'10") - With window to rear elevation. **Family Bathroom** - Fitted with a white suite comprising panelled bath with chrome hand held shower attachment over and chrome taps, pedestal wash hand basin with chrome taps and low level WC. Vinyl flooring. **Outside** - Steps lead down to the front door and lawned area. To the rear a lawn and patio area with hedge and fence to boundary and garden shed (to remain). Gate leading out to the two allocated parking spaces to the rear of the property. ## Property Photos - ![5 Preston Close.jpeg](/listings/photos/137507660/1226212) - 5 Preston Close.jpeg - ![OUTSIDE](/listings/photos/137507660/1226213) - OUTSIDE - ![GROUND FLOOR WC](/listings/photos/137507660/1226216) - GROUND FLOOR WC - ![KITCHEN](/listings/photos/137507660/1226217) - KITCHEN - ![KITCHEN](/listings/photos/137507660/1226219) - KITCHEN - ![KITCHEN](/listings/photos/137507660/1226222) - KITCHEN - ![SITTING ROOM](/listings/photos/137507660/1226224) - SITTING ROOM - ![SITTING ROOM](/listings/photos/137507660/1226226) - SITTING ROOM - ![BEDROOM 1](/listings/photos/137507660/1226227) - BEDROOM 1 - ![BEDROOM 1](/listings/photos/137507660/1226229) - BEDROOM 1 - ![EN-SUITE SHOWER ROOM](/listings/photos/137507660/1226231) - EN-SUITE SHOWER ROOM - ![BEDROOM 2](/listings/photos/137507660/1226234) - BEDROOM 2 - ![BEDROOM 3](/listings/photos/137507660/1226235) - BEDROOM 3 - ![FAMILY BATHROOM](/listings/photos/137507660/1226236) - FAMILY BATHROOM - ![OUTSIDE](/listings/photos/137507660/1226238) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226240) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226242) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226243) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226244) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226245) - OUTSIDE - ![OUTSIDE](/listings/photos/137507660/1226246) - OUTSIDE - ![PARKING SPACES](/listings/photos/137507660/1226247) - PARKING SPACES ## EPC Graphs - ![EE Rating](/listings/photos/137507660/1226248) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £126,000 | 05/09/2003 | Detached | | 5 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £58,950 | 23/07/1998 | 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 | |---------|-------|------|------| | 10 JAMES STEPHENS WAY, CHEPSTOW, MONMOUTHSHIRE, NP16 5GE | £300,000 | 26/03/2025 | Semi-detached | | [Same street] 2 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £178,000 | 09/04/2024 | Semi-detached | | [Same street] 7 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £195,000 | 28/03/2024 | Semi-detached | | 15 VALENTINE LANE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TH | £250,000 | 04/09/2023 | Semi-detached | | 18 VALENTINE LANE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TH | £252,000 | 03/03/2023 | Semi-detached | | 8 GARVEY CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TD | £227,000 | 19/12/2022 | Semi-detached | | 9 THE HEADLAND, CHEPSTOW, MONMOUTHSHIRE, NP16 5FA | £259,000 | 29/09/2022 | Semi-detached | | 37 SUMMERHOUSE LANE, CHEPSTOW, MONMOUTHSHIRE, NP16 5SP | £239,950 | 05/08/2022 | Semi-detached | | 1 THE HEADLAND, CHEPSTOW, MONMOUTHSHIRE, NP16 5FA | £267,000 | 13/07/2022 | Semi-detached | | 31 BISHOPS CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TE | £260,000 | 30/06/2022 | Semi-detached | | 31 BISHOPS CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TE | £250,000 | 10/06/2022 | Semi-detached | | [Same street] 16 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £305,000 | 14/02/2022 | Detached | | 16 JAMES STEPHENS WAY, CHEPSTOW, MONMOUTHSHIRE, NP16 5GE | £220,000 | 16/12/2021 | Semi-detached | | [Same street] 14 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £200,000 | 26/11/2021 | Terraced | | 7 COLLINGWOOD CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5SU | £235,000 | 14/10/2021 | Semi-detached | | 3 BISHOPS CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TE | £213,000 | 13/09/2021 | Semi-detached | | [Same street] 1 PRESTON CLOSE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TB | £259,950 | 03/09/2021 | Terraced | | 23 VALENTINE LANE, CHEPSTOW, MONMOUTHSHIRE, NP16 5TH | £196,000 | 13/08/2021 | Semi-detached | **Street average:** £227,590 (5 sales) **Area average:** £243,765 (13 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £294,842 (13 Semi-detached, NP16, 2024–2026) - **Deviation:** -11.8% ## 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 ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Herefordshire (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £748/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed End Terrace, Somerset Way, NP16 | £1,200/mo | 3 | 0.19 miles | OpenRent | | 3 Bed Terraced House, Chepstow, NP16 | £1,200/mo | 3 | 0.3 miles | OpenRent | | 3 Bed End Terrace, Western Avenue, NP16 | £1,200/mo | 3 | 0.32 miles | OpenRent | | 3 Bed End Terrace, Aust Crescent, NP16 | £1,300/mo | 3 | 0.38 miles | OpenRent | | 3 Bed Terraced House, Alexandra Road, NP16 | £1,300/mo | 3 | 0.55 miles | OpenRent | | 3 Bed Terraced House, Channel View, NP16 | £1,200/mo | 3 | 0.59 miles | OpenRent | | 3 Bed Terraced House, Channel View, NP16 | £1,195/mo | 3 | 0.76 miles | OpenRent | | 3 Bed End Terrace, Tallards View, NP16 | £1,800/mo | 3 | 1.14 miles | OpenRent | | 3 Bed End Terrace, Daylily Close, NP16 | £1,800/mo | 3 | 1.19 miles | OpenRent | | 3 Bed Bungalow, Wyebank Close, NP16 | £1,350/mo | 3 | 1.22 miles | OpenRent | **Average rent: £1,355/mo (10 listings)** ## 1% Rule - **Rent ratio:** 0.48% (weak for cashflow) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *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 £1,250/mo).* - **Gross yield:** 5.8% - **Cost-to-rent:** 17.3× - **Monthly cashflow:** £76/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1.2% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 11.5% - **10y growth:** 38.7% ## House Price Index (HM Land Registry) *Official index for Monmouthshire; Semi-detached series; as of April 2026.* - **1y growth (index):** -1.8% - **5y growth (index):** 19.6% - **10y growth (index):** 58.8% ## 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)