7-bedroom detached house · SA33 5HZ
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM COTTAGE AND TWO HOLIDAY COTTAGES (A 2 BED & A 3 BED) OFFERING EXCELLENT INCOME POTENTIAL, SET IN BEAUTIFUL GROUNDS IN A SECLUDED LOCATION NEAR THE COAST.
Exceptional Lifestyle Property close to Llansteffan Beach Main Residence plus Two Holiday Cottages Beautiful Gardens and Grounds Traditional Stone Barn and Useful Outbuilding Good Income Potential Set in A Wonderfully Secluded Location Steeped in history, Pendegy Mill is thought to have originated as a flour mill in the 15th century.
It continued to serve the local community until its closure in the 1950s, and its name is believed to have evolved from the medieval 'Mundegy Mill'.
The principal dwelling was comprehensively rebuilt by the current owners in 2017 creating an impressive two storey home finished to a high standard throughout.
Complementing the main residence is the original mill building that has been sympathetically converted to create two high-quality holiday cottages.
Providing two-bedroom and three-bedroom accommodation respectively, both cottages are fully operational and have proven particularly popular with guests, some of whom have returned for seven consecutive years.
As such, they offer an established revenue stream with further potential to develop and expand the business (subject to any necessary permissions).
Bookings are currently managed through Approached via a minor country lane, Pendegy Mill enjoys a secluded and idyllic environment while remaining conveniently positioned for access to local services and attractions.
A range of everyday shops and amenities can be found in St Clears whilst the county town of Carmarthen provides a comprehensive range of shopping, educational, recreational and health care facilities together with connections to the A40 dual carriageway and a railway station.
Llansteffan Beach is one of the loveliest stretches of coast in Carmarthenshire, sitting on the western side of the Towy estuary where it opens into Carmarthen Bay.
The dominant feature is Llansteffan Castle which is perched on the headland above the beach and is particularly popular with holiday makers.
Value & comps
No previous sales on record.
Returns
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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
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