3-bedroom detached house · SA67 7DG
For saleListed 331 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Blackbear are delighted to present The Old Smithy to the open market; a spacious, end of terrace property situated in a fantastic location in Narberth town centre.
The accommodation which has recently been renovated to a very high standard consists of: 3 bedrooms, lounge, kitchen, bathroom, utility room and wc.
If you are looking for your dream family home located in a highly desirable area along with a garage for private parking then we highly recommend viewing!
You enter the property via a well-lit hallway where you will find the large, modern kitchen on your right - this then leads through to the utility room, wc and garage - and then to the rear of the property you will find the spacious lounge.
Upstairs then you will find an open hallway which connects the first floor of the accommodation together; this feeds to 3 bedrooms, a large family bathroom and access to the rooftop terrace.
Externally, the property uniquely benefits from the terrace which provides amazing views of the local area - this is the perfect spot to enjoy BBQ’s and warm summer afternoons and evenings.
The main benefit of the property, however, is its location - situated in a prime spot in the centre of the bustling Pembrokeshire town of Narberth, a host of local restaurants, pubs and cafes are right on your doorstep!
Local Authority: Pembrokeshire County Council Tenure: Freehold Services: We are advised that all mains services are connected EPC Rating: D Council Tax Band: D Entry (3.69m x 1.69m) Living Room (4.71m x 5.33m) Kitchen (3.02m x 4.23m) Utility (2.72m x 1.56m) Landing (2.12m x 3.84m) Bedroom 1 (3.19m x 2.70m) Bedroom 2 (2.04m x 3.07m) Bedroom 3 (4.28m x 2.46m) Bathroom (3.30m x 1.99m) Parking - Garage
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
Agent & docs
FAQ
About The Smithy Nestor Square, Narberth
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