Modern Method of Auction
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See how verdicts work2-bedroom flat · SA33 4NY
For saleListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to purchase a superbly located first floor apartment with fabulous views over the famous Pendine Sands well known for its long Sandy beach and land speed records.
French doors of the apartment overlook the beach with the property itself being yards from the beach front in the popular village of Pendine.
The property offers a spacious hallway, two double bedrooms, bathroom, open plan living/sitting and kitchen area with superb views of the beach. Viewing is highly recommended.
The coastal village of Pendine offers convenient day to day shopping and is home of the museum of speed, eateries, public houses, junior school and places of worship along with a lovely Sandy beach.
Situated in Carmarthenshire, St Clears with its M4 dual carriageway connection is approx 8 miles away and gives easy access to the county and market town of Carmarthen.
The popular coastal resorts of Tenby and Saundersfoot are also located within 8 and 10 miles of the property.
No onward chain Council Tax Band B EER 82 B Leasehold Accommodation Comprising: Hallway Large entry hallway with door entry intercom system.
With double glazed tilt and turn window to rear, coat hanging area, wood style flooring, airing cupboard with pressurised tank system and emersion heater.
Door to: Bedroom One Double glazed tilt and turn window to rear, wood style flooring, electric room heater. Aerial point.
Bedroom Two Double glazed window to rear, wood style flooring, electric room heater.
Bathroom Suite comprising of panelled bath with shower and side screen over, pedestal wash hand basin, low level flush WC, chrome towel radiator, localised wall tiles. Extractor fan.
Open Plan Kitchen, Sitting & Dining Area Open plan area with superb views to front overlooking the historic Pendine Sands. A location for many a land speed record attempt.
Kitchen A range of matching wall and base units with worktops over, stainless steel sink unit with single drainer.
Opening out with patio doors to front with glass Juliette balcony with some superb views overlooking the beach and out onto Carmarthen Bay.
Fitted fridge and oven/grill, 4 ring electric hob with extractor fan over, plumbing for washing machine.
Lease The owners of the 6 apartments and the shop below own the leasehold as part of a limited company and run the management as a group.
They pay £60 a month to cover the building insurance and some maintenance. Occasional additional sums are made (by agreement of the owners group) if they plan additional larger jobs.
Services We are advised Mains water, Electric and Drainage are connected to the property Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
Additional Auctioneer Comments The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These 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
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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 Flat 1,, The Waterfront, Pendine
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