1-bedroom flat · SA70 7HA
For saleReduced £20k (−15.4%) on 20 JunListed 500 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A third floor one bedroom apartment down a quiet lane in the centre of Tenby.
The grade 2 listed building benefits from Velux windows providing natural light throughout and making the most of the outlook over North Bay towards Pendine.
The apartment is just yards from St Mary's Church, and the high street, with all its shops, bars and restaurants. The apartment is modest but comfortable and would be suitable as a bolthole.
It is currently run as a holiday let, and with potential for modernisation, making it a great investment opportunity. Entrance The property is on the top floor of the building.
The front door opens into a small hallway, with doors leading to all rooms. Lounge/Kitchen/Diner (4.1 x 5.4 max (13'5" x 17'8" max)) Open plan living area with fitted kitchen.
The kitchen area has base units, electric oven and hob, sink with drainer and under counter fridge. Electric heating.
The ceiling is sloping along the pitch of the roof and has a Velux window with sea views. Bedroom (3.3 x 3 (10'9" x 9'10")) A double bedroom with Velux window and sea views.
There is a storage cupboard in the eaves, with carpeted flooring and electric heating.
Bathroom (2.2 x 1.9 (7'2" x 6'2")) Partly tiled bathroom comprising bath with hand shower attachment, WC and pedestal sink. Velux window in the pitched ceiling.
Please Note We are advised that the property has electric heating and emersion water heater, with mains water and drainage. The property is currently holiday let and on business rates.
Ground rent £30 per annum, service charge £100 per month. 999-year lease from 1990.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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 6 Bellevue Court, Crackwell Street, Tenby
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