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See how verdicts work3-bedroom terraced house · SA45 9PF
For saleReduced £15k (−5.7%) on 10 AugListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 3 bed end-terraced home ** Private enclosed rear garden ** Deceptively spacious accommodation ** Views towards New Quay harbour and Cardigan Bay ** Walking distance to village amenities ** Ideal for those seeking to get onto the housing ladder within this popular coastal village ** Less than 500 yards to sandy beaches ** On-street parking ** uPVC double glazing throughout ** Useful cellar/basement space with potential for conversion (stc) ** The property is situated within the popular coastal village of New Quay along the Cardigan Bay coastline.
The village offers renowned sandy beaches and harbourside, local cafes, shops, bars and restaurants, doctors surgery, primary school, places of worship, chemist and good public transport connectivity.
The Georgian harbour town of Aberaeron is some 15 minutes drive to the north offering secondary school, leisure centre, community health centre and a wider range of day to day services.
The village lies equidistant 30 minutes drive from the larger urban centres of Aberystwyth, Cardigan and Lampeter. The property benefits from mains water, electricity and drainage.
Oil central heating. Tenure - Freehold. Council Tax Band D.
Entrance Hallway 5' 7" x 15' 7" (1.70m x 4.75m) Accessed via glass panel door, vinyl flooring, radiator, multiple sockets, original covings and archways, understairs cupboard currently with WC and single wash hand basin, open staircase to first floor.
Lounge 11' 6" x 19' 8" (3.51m x 5.99m) dual aspect windows to front and rear, period fireplace with cast iron fireplace and tiled inserts, radiator, multiple sockets, TV point, alcove shelving.
Kitchen 10' 10" x 9' 6" (3.30m x 2.90m) white kitchen with electric hobs and extractor over, double oven and grill, stainless street sink and drainer with mixer top, Formica worktop, under-larder appliance space, vinyl flooring, side window with sea views, rear glass door to garden, radiator.
Split Level Landing To rear landing area - WC WC, side window Bathroom 10' 7" x 7' 1" (3.23m x 2.16m) a white suite including panel bath, separate enclosed shower, airing cupboard, radiator, single wash hand basin, window with sea views.
Rear Bedroom 1 9' 2" x 11' 7" (2.79m x 3.53m) Double bedroom, window to rear, multiple sockets, radiator, picture rail.
Front Bedroom 2 9' 6" x 8' 5" (2.90m x 2.57m) double bedroom, window to front, radiator, multiple sockets.
Front Bedroom 3 6' 8" x 8' 8" (2.03m x 2.64m) currently with double bed, window to front, multiple sockets, radiator.
Loft Fully boarded and insulated with window To Front The property is approached via Water Street with on-street parking, footpath access to front door and side access to rear garden area.
Rear Garden Step down from the kitchen or accessible from the side gate to a low level garden with extending patio and mature trees and planting to borders, oil tank.
Basement Currently split into 2 separate rooms: Room 1 8' 1" x 10' 6" (2.46m x 3.20m) with sliding doors to front, former coal house.
Room 2 Housing Worcester oil boiler, washing machine connection, quarry tile and slate flooring, side window.
Money Laundering Regulations The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations.
Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required, or mortgage in principle papers if a mortgage is required.
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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
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FAQ
About 8, Water Street, New Quay
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