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See how verdicts work2-bedroom property · SA38 9AS
For saleReduced £15k (−8.3%) on 20 JunListed 263 days
Opportunity summary
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About
**Mixed residential and commercial investment opportunity**Newcastle Emlyn town centre location**2 commercial units to ground floor**2 bedroom flat to first floor**Benefits from access and parking to the rear**A detached 2 storey outbuilding with a range of potential uses (subject to consent)**Rear courtyard**Store sheds and courtyard to rear** Unit 1 extends to approximately 363 sq ft (33.73 sq m).
Unit 2 extends to approximately 847 sq ft (78.72 sq m).
Town centre location with frontage to the main thoroughfare, on the level within the busy market town of Newcastle Emlyn in the lower reaches of the Teifi Valley.
Half an hours drive from Carmarthen and the link road to the M4 motorway and within some 15 minutes drive of the Cardigan Bay coast with its several popular sandy beaches.
The town of Newcastle Emlyn boasts an array of retail shops, eating houses and pubs, livestock market, comprehensive schooling and attracts a great number of visitors and local trade throughout the year.
We are advised the premises benefits from mains water, electricity and drainage. Oil fired central heating to flat. Air con system to ground floor.
First Floor Flat - Council Tax Band A (Carmarthenshire County Council). Unit 1 We are advised Unit 1 extends to approximately 363 sq ft (33.73 sq m).
The sale would be subject to the occupiers that are holding over from a one year lease at a rent of £4,800 per annum). The ratable value for unit 1 is £4,850 (Currently exempt from paying rates).
Trading Area 24' 2" x 11' 1" (7.37m x 3.38m) via hardwood panel door, lightwell above, slate flooring to rear, window to front, exposed stone walls, open fireplace, exposed beams, spotlights to ceiling.
Rear Kitchen 6' 6" x 9' 5" (1.98m x 2.87m) with base units, stainless steel sink, external door to rear courtyard. Unit 2 Extending to approximately 847 sq ft (78.72 sq m).
This unit is currently vacant and has a retable value of £11,500 (Currently benefiting from reduced rates).
Main Trading Area 30' 0" x 13' 7" (9.14m x 4.14m) entered via hardwood door into front vestibule with original fireplace, tiled flooring, 2 x sash windows to front.
Side Trading Area 28' 2" x 12' 0" (8.59m x 3.66m) split level area with tiled flooring, original oak curved steps, upvc door to rear courtyard, kitchenette with modern base cupboard units, aircon unit.
Rear Consulting Room 7' 8" x 13' 5" (2.34m x 4.09m) with wash hand basin, window to side.
The 2 Bed Flat Is currently vacant, however, had previously been let out on an AST basis at £419.47 per calendar month. The flat has a council tax banding of A.
Provides the following accommodation - Open Plan Kitchen/Dining Room 25' 3" x 14' 1" (7.70m x 4.29m) (max).
Kitchen area with a range of modern base units, display wall units, formica working services above, plumbing for automatic washing machine, 11⁄2 stainless steel drainer sink, cda electric oven, 4 ring electric hobs, stainless steel extractor fan.
Lounge/Dining Area - Fireplace with exposed stonework behind, open ceiling with exposed A frame beams, exposed oak flooring, 3 x windows to front.
Bathroom 6' 0" x 5' 0" (1.83m x 1.52m) a white suite comprising of a panelled bath, low level flush w.c. Pedestal wash hand basin, tiled walls, central heating radiator, access to loft.
Master Bedroom 1 Exposed floor boards, open fireplace, exposed stone behind, window to front, central heating radiator.
Bedroom 2 10' 7" x 6' 6" (3.23m x 1.98m) with dormer window to rear, door to storage cupboard, central heating radiator. To The Front Street Frontage.
Detached 2 Storey Outbuilding With power and water connected. This building has potential for a number of uses such as office space/storage space or even residential (Subject to consent).
Boiler Room / Storage Houses the Warmflow oil boiler, power connected, concrete flooring. External Toilets With tiled flooring, w.c. Pedestal wash hand basin.
Rear Courtyard The boundary will will be 6 metres to the rear of the outbuilding. This allows space for 2 vehicles. Tenure We are informed the property is of Freehold Tenure.
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.
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FAQ
About The White Hart, Sycamore Street, Newcastle Emlyn
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