7-bedroom terraced house · SA31 1LN
For saleListed 85 days
Opportunity summary
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About
A handsome Grade II Listed property with planning consent granted for conversion into a residential dwelling.
Description Ty Carwyn was previously occupied by a number of local and administrative occupiers, to include Carmarthenshire Association of Voluntary Services and in the 1970’s, the property was known as ‘Jeremy’s Commercial Hotel’.
Most recently, the property benefits from granted planning consent for the change of use from office accommodation to residential (dwelling) under Application number PL/03995 (dated 22/01/2024) and Listed Building consent under Application number PL/0361, (dated 03/05/2022).
The building comprises the principle four-storey building, along with a two-storey rear extension, in addition to an enclosed courtyard area and has undergone extensive works on the fabric of the building.
The works include new render and painting, repairing and replacing timber windows and doors and replacing timber fascia boarding.
The property have been tastefully decorated in part, with only flooring required before occupation, whilst other parts of the property require greater updating works.
Accommodation Ground Floor & Basement The property is accessed directly off St.
Peter's Street to the front, with the front door leading into an entrance hall, with two reception rooms and a kitchenette.
Steps lead down to a rear hall with doors to the rear courtyard and stairs to the basement level with boiler and strong room.
First Floor A staircase leads to the first floor with five rooms and a cloakroom.
Second Floor The staircase continues to the second floor where there are three further rooms, cloakroom and store room.
Externally Externally, there is a small paved garden to the front facing onto St. Peter’s Street, as well as a rear tarmacadam courtyard area with direct pedestrian access onto adjacent St.
Peter’s surface car-park, with over 460 spaces for both short and long stay.
IMPORTANT NOTE THERE IS A PLANNING OBLIGATION BY WAY OF UNILATERAL UNDERTAKING UNDER SECTION 106 OF THE TOWN & COUNTRY PLANNING ACT 1990 (AS AMENDED) IN CONNECTION WITH AFFORDABLE HOUSING COMMUTED SUM PAYMENTS.
Please contact the selling agents for further details. Location Carmarthen is the county town of Carmarthenshire and the administrative centre for the county and West Wales.
Ty Carwyn fronts directly onto St. Peter’s Street, at the start of King Street, a one-way street through the traditional part of Carmarthen town centre, just off the A484 thoroughfare.
The property adjoins Carmarthen Library and St. Peter’s surface car-park, with over 460 spaces for both short stay and long stay.
Occupiers along King Street and surrounding includes independent stores, eateries, galleries, chain retailers and professional services, to include Co-Op Food, Lloyds Bank and Lyric Theatre.
Other notable retailers nearby include Marks & Spencer, Boots, Days Department Store and Cafe Nero to name a few.
Additional Info General Remarks and Stipulations Tenure and Possession The tenure of the property is freehold with vacant possession upon completion. Services Mains electricity, water and drainage.
Mains gas central heating. Local Authority Carmarthenshire. Council Tax Band: To be assessed.
Planning Permission obligations Please contact the selling agent for a copy of the planning permission that outlines the various obligations.
There is also a section 106 Obligation regulating the development or use of the land.
Fittings & Contents Unless specifically described in these particulars, all fittings and contents are excluded from the sale though some may be available by separate negotiation.
Further information is available from the vendor’s agents.
Wayleaves, Easements and Rights of Way The property is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether referred to in the Conditions of Sale or not.
Please check with the Highways Department at the local County Council for the exact location of public footpaths/ bridleways.
Plans, Areas and Schedules Any available plans, areas, and schedules are for identification and reference purposes only.
The purchaser(s) shall be deemed to have satisfied himself as to the description of the property.
Any error or mis-statement shall not annul a sale or entitle any party to compensation in respect thereof.
Viewing Strictly by appointment with Savills or joint selling agents Rees Richards & Partners, Carmarthen office. Note: Photographs taken early 2024.
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 St. Peters Street, Carmarthen, Carmarthenshire, SA31
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