Thinking of getting on the property ladder but wanting to keep costs to a minimum? 

From first-time homes to investment opportunities, there are a variety of properties on the market in Monmouthshire. 

We’ve rounded up five of the cheapest homes in the area, all costing £200,000 or less. 

Moor Street, Chepstow - £170,000 

cheapest monmouthshire
The property is a duplex apartment. (David James)

This duplex apartment is described as “deceptively spacious” and sits in a town centre location. 

Arranged over two floors, the property comprises a kitchen, a lounge, a bathroom and three bedrooms. 

The property is currently tenanted, offering investment potential, or it could “ideally” suit a first-time buyer. 

Ffynon y Coed, Clydach North - £180,000 

cheapest monmouthshire
The property overlooks Clydach Gorge. (Christie Residential )

This semi-detached cottage sits in an elevated position overlooking the historic Clydach Gorge. 

Inside, there is a living room with gorge views, a snug, a kitchen, two bedrooms and a shower room. 

The property is in need of some refurbishment, and outside there is a paved patio area and a lawned garden. 

Devauden Road, St Arvans - £180,000

cheapest monmouthshire
There are character features throughout the cottage. (Moon & Co )

This cottage sits in a popular village and includes character features such as period fireplaces. 

The accommodation comprises a living room with a feature stone wall, a kitchen with a vaulted ceiling, one bedroom and a bathroom. 

Outside, there is an enclosed courtyard garden, which is accessed from the kitchen. 

Llandogo, Monmouth - £187,500

cheapest monmouthshire
The property has views over the Wye Valley. (Dean Estate Agents)

This first floor apartment is described as having “excellent potential” for a rental investor, as a starter home or as a holiday let. 

The property is made up of a kitchen and diner, a lounge with a Juliette balcony, two double bedrooms and a bathroom. 

The apartment also benefits from communal gardens, a parking area, and views of the Wye Valley. 

Bolingbroke Close, Monmouth - £200,000

cheapest monmouthshire
The property is described as an "ideal" starter home. (Haart Monmouth)

This terraced home is an “ideal” starter home or investment property, being currently tenanted. 

Inside, there is a lounge and dining room with French doors, a kitchen, two bedrooms and a bathroom. 

There is also a low maintenance garden to the rear of the property, and off road parking.