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See how verdicts workTerraced house · SA38 9BH
For saleListed 259 days
Opportunity summary
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About
DESCRIPTION The double fronted stone/slate end of terrace property has a date plate mounted on the wall of 1867, but the Building may be earlier, as the style suggests circa 1820 - 40, but there is no clear documentation.
As noted, it is a Grade II listed building, registered by CADW (Welsh Government Historical/Listed Buildings Authority) in August 1991, Ref No: 9714.
Its notes for listing as follows: History Apparently a private school founded at Llanybri House, Adpar, by Rev. J. Davies, later in a disused Baptist Chapel, Adpar, before relocated here 1867.
The building may be earlier C19 and reused, as the style suggests circa 1820-40, but there is no clear documentation. In 1867 T. T.
Elias, landlord of the Plough Inn and lessee of the market, was proprietor and headmaster.
Exterior Dated 1867, former school, all with elliptical arched heads and Y-tracery bars to upper sash and fanlight. Double panelled doors. Over the door is plaque reading: 'Emlyn Grammar School 1867'.
Roof has corrugated iron cladding on ridge replacing former ventilator.
Now used as Women's Institute Hall' ACCOMMODATION is provided as follows: (all measurements are approximate): Double Doors into: Meeting Room 27'3 x 19' with 2 opaque windows to fore, 2 double power points, tiled surround fireplace, 2 ceiling hung electric heaters, doors off to: Kitchenette 13'10 x 6'6 max fitted base and wall units, stainless steel sink unit, cooker point, electric water heater, 3 double power points, single power point, access to loft space.
Rear Hall with door to side exterior, and door off to: Cloakroom with WC, hand wash basin. Externally Double doors to fore which exit to narrow pavement. Side door out to wider pavement.
The rear aspect bounds with a private off-road car parking area, owned by a Third party.
OUTGOINGS: As the present vendors are a registered charity, then the property is exempt for Business Rates / Council Tax.
Prospective purchasers must make their own enquiries with the Local Authority - Carmarthenshire - for any future outgoings charges should the current use of the Building change.
Situation: Grif Ref: SN307 - 404 The property is located just off the main A484 Cardigan - Carmarthen road, having turned onto the road leading down through the main commercial street of the Market Town of Newcastle Emlyn which has a varied array of everyday retail, social, leisure and educational facilities together with weekly livestock market.
The Town is also a popular venue for tourists with the Castle Ruins overlooking the renowned River Teifi.
The Market Towns of Cardigan and Carmarthen are some 10 and 18 miles distant, and a regular daily bus service serves all three centres.
VIEWING - Strictly by Appointment with the Sole Agents EPC: Exempt TENURE: Advised Freehold SERVICES - Advised mains electricity, water and drainage. Timber single glazed windows and internal doors.
DIRECTIONS From our Office, walk up towards Emlyn Square and bear left heading out towards the junction of the A484 by the old Cawdor Garage.
The property will be the last on the right hand side with our 'For Sale' board erected before the junction.
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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 Water Street, Newcastle Emlyn, SA38 9BH
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