Summary - BOVERTON HOUSE DAY CENTRE, BULWARK ROAD NP16 5JE
1 bed 1 bath Commercial Development
Permitted conversion plus new build near town centre and major road links.
0.87 acre elevated plot with gated driveway and tarmac forecourt
A substantial detached former day centre on an elevated 0.87 acre plot, offered with planning consent (July 2024) to convert the existing building into six apartments and to build a nine‑unit apartment block. The site’s generous footprint, gated driveway, tarmac forecourt and mature boundary planting create clear space for parking, landscaping and new build blocks, making this attractive for residential developers or investors seeking near‑central Chepstow locations with strong transport links.
The main building provides roughly 5,000 ft² over three storeys plus basement and a single‑storey wing, and retains period stone elevations and high ceilings. The elevated position gives privacy and an urban outlook over Chepstow; proximity to the A48/M48 and local amenities supports rental or sales prospects. The surrounding area includes good schools and low crime, and broadband and mobile signals are strong.
Internally the property requires refurbishment and updating throughout; systems are older (1967–75 construction era) and walls are cavity with assumed lack of insulation. While external structure appears generally sound, expect significant costs for internal modernisation, M&E upgrades, and potential heritage-sensitive works. The site’s value is driven primarily by its planning consent, plot size and location rather than turnkey condition.
This opportunity suits residential developers, small builders or investor groups seeking a permitted conversion plus additional new build in a town‑edge setting. Carrying costs, refurbishment budgets and delivery timescales should be factored into offers; the consented scheme reduces planning risk but build and fit‑out budgets remain material considerations.
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