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See how verdicts work2-bedroom bungalow · SA73 2QP
For saleReduced £10k (−5.3%) on 26 OctListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Thalassa, a detached bungalow presenting a fantastic development opportunity in the popular town of Milford Haven.
The property is of non-standard construction and sits within a plot measuring approximately 0.2 acres, with views of the waterway at Blackbridge and the Cleddau Estuary.
The layout of the property briefly comprises an entrance hall, a living room with a gas effect fire, and a sunroom with a door leading to the back garden. A galley kitchen opens out to a dining area.
The internal hallway leads through to a utility room, separate WC, bathroom with both a shower and a bath fitted with a lift assist, and two double bedrooms.
The property would benefit from some improvements but offers bundles of potential, and is served by gas central heating.
Externally, a driveway provides ample off-road parking and gives access to a detached garage with an adjoining car port.
At the rear is a block-built outbuilding for external storage, with a conservatory seating area attached where the views can be enjoyed!
The front garden is laid to lawn with vegetable plots, space for a greenhouse, and pedestrian access to the rear garden.
At the rear is a low-maintenance patio seating area with a feature fish pond, and water views can be enjoyed from most rear-facing aspects, with access to the shore below via a footpath.
With no onward chain, viewing is highly recommended! Milford Haven has the largest port in Wales, and the third-largest port in the United Kingdom.
It also has a popular marina with accompanying restaurant, wine bar, and boutique shops.
The town itself has a historic late 18th- and 19th-century core based on a grid pattern, located between Hubberston Pill and Castle Pill and extending inland for 500 metres.
Milford Haven's 20th-century expansion took in several other settlements. Hakin and Hubberston are older and situated to the west of the main town.
The town also benefits from a variety of shops and services Viewing: By appointment only via the Agents.
Tenure: Freehold services: We have not checked or tested any of the services or appliances at the property.
Property has Mains Electric, Mains Water, Mains Drainage heating: Gas tax: Band D We would respectfully ask you to call our office before you view this property internally or externally sls/esl/10/25/oksls Facebook & twitter Be sure to follow us on Twitter: @ WWProps
Value & comps
No previous sales on record.
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 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 Thalassa, Milton Crescent, Milford Haven
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