Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · SA67 8TR
For saleListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open house Friday 22nd may between 12PM - 2PM by appointment only. No chain - We are delighted to introduce The Old Milking Parlour to the market.
Situated outside the village of Lampeter Velfrey, this 3 Bedroom Semi-Detached Barn Conversion is filled with plenty of character and charm.
Internally to the ground floor, the property comprises of an open plan lounge/diner with a separate Kitchen, Study and Boot room space.
In addition to this, the store room to the back of the can be converted into a Utility Area.
The first floor consists of three double bedrooms all with en-suites with one bedroom currently being used as an additional lounge space.
The inviting landing area also offers plenty of storage facilities.
Externally to fore there is a detached outbuilding, situated over two floor, which would make an ideal studio/workshop with annex potential (STP).
Plenty of off road parking is provided with countryside views over looking the preseli mountaints from the front and rear garden which is mainly laid to lawn.
The Old Milking Parlour is situated outside the village of Lampeter Velfrey and is approximately 5 minutes drive from the market town of Narberth, offering plenty of different amenities and public transport.
The popular Pembrokeshire Coastline is approximately 10 minutes away along with towns of Haverfordwest & Carmarthen centrally located.
Entrance Hall (5.08m x 1.02m) Externally To fore there is off road parking for several vehicles.
Advised the outbuildings are in two tiers with a large storage area to the ground and an office space to the first floor. The rear garden is mainly laid to lawn with countrywide views.
Kitchen (3.89m x 3.68m) Open Plan Lounge/Diner (8.92m x 4.98m) Study/Office (4.17m x 3.73m) Boot Room (4.3m x 1.14m) Utility/Store (2.82m x 2.36m) Bedroom 1 5m (Max) x 4.42m (Max) En Suite (2m x 1.9m) Bedroom 2 (3.73m x 3.07m) En Suite (1.93m x 1.75m) Bedroom 3 (3.43m x 3.07m) En Suite (1.75m x 1.6m) Services We are advised that Mains Water & Electricity are connected to the property.
Advised Private Drainage and Electric Heating. Council Tax Band - E Please Note Please note that some of our photographs are taken with a wide angle lens camera.
Auctionners 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, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
Auctionners Comments The buyer signs a Reservation Agreement and makes payment of a Non-Refundable 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 £960 inc. VAT.
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
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FAQ
About The Old Milking Parlour,, Lampeter Velfrey, Pembrokeshire
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