2-bedroom flat · SA70 7JY
For saleReduced £10k (−5.9%) on 6 JulListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a first floor apartment with a long lease, located in the sought after area of Warren Street, Tenby.
The property is within walking distance of the train station, the walled town centre, harbour as well as all of the golden sandy beaches that Tenby has to offer.
The property is currently a successful holiday let and is being sold with the appeal of no onward chain!
The property is accessed through a communal entrance, the layout comprises of an entrance hall with storage cupboard, an open plan living room with separate dining area, kitchen fitted with base and eye level units, two double bedrooms, one with a feature bay window, and a family bathroom offering a bath with overhead shower.
The property is in a great decorative order, served by electric heating and double glazing.
Externally, there is the huge benefit of having a car park to the rear allowing for parking for 1 car per apartment.
This is an excellent step onto the property ladder or an investment promising to give immediate return. Viewing is highly recommended!
Tenby is a popular seaside resort with iconic harbour, many shops, restaurants, amenities and its famous championship golf course.
The beautiful coast and countryside of the Pembrokeshire Coast National Park provide further leisure and tourism opportunities, with many more sandy beaches within easy driving distance.
Slightly further afield is the well known Pendine Sands and the Town of Carmarthen with its shopping precincts and Cinema, Main Line Railway Station and excellent links to the M4 and the East.
Viewing: By appointment only via the Agents.
Tenure: We are advised Leasehold length of lease: 999 Years With 962 Remaining annual ground rent: £50 ground rent review period: [year ] annual service charge amount: £2000 [year] service charge review period: [year] services: We have not checked or tested any of the services or appliances at the property.
Council tax: Currently pay business rates ref: Add/ esl / Feb/ 26/ facebook & twitter: Be sure to follow us on Twitter: @ WWProps
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 2 The Hilton, Warren Street, Tenby
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