Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · SA16 0AB
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale via the online method of sale An exciting opportunity to acquire this substantial traditional bay-fronted property, situated along Elkington Road in the popular coastal town of Burry Port.
Offering generous accommodation across three floors, this impressive three-bedroom property is full of original character and presents a fantastic opportunity for buyers looking to undertake a substantial renovation project.
With its attractive double-bay frontage, high ceilings, traditional fireplaces and generously proportioned rooms, the property has enormous potential to be transformed into a beautiful family home.
Ground floor The property is entered via an entrance porch leading into a central hallway, with a traditional staircase providing access to the first floor.
There are three separate reception rooms, all generously proportioned and offering plenty of flexibility.
Two of the reception rooms are positioned at the front of the property and benefit from attractive bay windows, while the third provides further living accommodation to the rear.
The kitchen offers scope for complete redesign and modernisation, while a particularly spacious conservatory overlooks the rear garden, providing additional accommodation and access to the outside space.
First floor To the first floor are three generously sized bedrooms, two of which benefit from attractive bay windows, allowing plenty of natural light into the rooms.
There is also a particularly spacious family bathroom which, although requiring complete modernisation, offers excellent potential to create an impressive contemporary bathroom.
Second floor A further staircase leads to the converted attic, a substantial open space featuring exposed timber beams and roof windows.
This area offers further potential for a variety of uses, subject to any necessary planning permissions, consents and building regulations approval.
Prospective purchasers should satisfy themselves regarding its existing approved use. Outside The property benefits from gardens to both the front and rear.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Elkington Road, Burry Port
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