2-bedroom flat · SA70 7PN
For saleListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bayview Apartment is located in the charming and highly sought-after coastal village of Penally, within walking distance to the coast.
This substantial period residence is situated within The Old Vicarage and presents a rare opportunity to acquire a home full of character and charm.
Currently operating as a highly successful holiday let, the property offers excellent investment potential whilst also serving as a wonderful coastal home or retreat.
Accessed through the original entrance vestibule, the apartment is arranged over several levels, creating an impressive sense of space throughout.
The original stairwell runs elegantly through the property, complemented by an array of retained period features that enhance its unique appeal.
With tall sash windows, an original fireplace with decorative tiles and marble mantle and elegant plaster coving, viewing is highly recommended!
The accommodation briefly comprises; two double bedrooms, an impressive living room enjoying distance coastal aspects, a contemporary kitchen/diner ideal for entertaining, and a beautifully appointed family bathroom featuring his and hers sinks, a freestanding copper bath, and a walk-in shower.
In addition, the property benefits from a separate modern shower room, an additional W/C, and a useful storage room off the landing. The property also benefits from gas central heating.
The property is set within mature grounds, home to a variety of established plants, trees, and shrubs, creating a peaceful and attractive setting.
Residents benefit from the use of well-maintained communal gardens together with a decking area to the rear, ideal for relaxing or entertaining.
An allocated parking space is also included, adding further convenience.
Perfectly positioned within walking distance of the beach and only a short drive from Tenby, this exceptional residence combines coastal living with period elegance in one of Pembrokeshire’s most desirable locations.
Penally lies just over a mile from Tenby in the county of Pembrokeshire, South West Wales.
The charming village has easy access to the sea, making it a popular spot with visitors, and there are spectacular views from the village towards Caldey Island, Giltar Point and Tenby.
In the heart of the village, you will find a village shop and Penally Abbey a luxurious Hotel and Restaurant that boasts historic charm and experience of elegance.
Tenby is a harbour town and seaside resort known as "Little England beyond Wales", which offers a unique blend of coastal and historic charm with a bustling atmosphere relished by tourists and locals alike.
From restaurants and ice cream parlours to boat trips and adventure parks, Tenby has something to offer for those of all ages. Viewing: By appointment only via the Agents.
Tenure: We are advised Leasehold length of lease: 999 years with 984 remaining annual ground rent: £1 per annum ground rent review period: [year ] annual service charge amount: 40% of total maintenance service charge review period: [year ] services: We have not checked or tested any of the services or appliances at the property.
Council tax: N/A heating: Gas ref: Add / lle / may / 26 takeonok/04/06/26/lle facebook & twitter: Be sure to follow us on Twitter: @ WWProps
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Bayview, Apartment 2, The Old Vicarage, Retreat Road, Tenby
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