Lot 1 - Bwthyn Cariad, Pembroke Dock, Pembroke Dock, SA72 6UT

  • Unconditional Online Auction Sale
  • Guide Price* : £1+
  • Bedrooms: 2
  • Bathrooms: 1

Lot 1- Cottage for owner occupation / Investment

Description

ONLINE AUCTION from 24th JUNE - 26th JUNE 2025

Bwthyn Cariad (Love Cottage) is centrally located in Meyrick Street, Pembroke Dock the property is in need of total renovation would like to present this mid terrace cottage located in Pembroke Dock and offered to the market via online auction.

Two lower ground floor rooms with two bedrooms upstairs. Very large garden spanning down the rear of Meyrick st.

The opportunity - Renovate and refurbish to a high standard for holiday let's due to proximity to many of Pembrokeshire top tourist areas. Typical two bedroom cottage would generate circa £28,000 per annum (net) as a holiday let.

Renovate and refurbish to a high standard as a long term let. Young professionals and local workers would be a high demand and would rent for £900 pcm.

Renovate and refurbish to a high standard and sell on the open market renovated , typical two bedrooms high standard in the area are on the market for £160,000 - £185,000.

There is also an option to renovate and sell the garden space that runs up Meyrick street that's with the property and sell parcels of land off to individual houses along Meyrick street And then keeping the house as it would still have ample garden space.

Location:
The property is located on Meyrick Street within close proximity of the main shopping area of Pembroke Dock. Pembroke Dock itself is a town located some 3 miles north west of Pembroke and 7 miles south of Haverford West with good road links provided by the A477 which links to the A40 at Johnstown. The town provides a comprehensive range of shopping and recreational pursuits also it benefits from a rail station North West of the property providing further transport links. The A477 also leads north via the Cleddau Bridge crossing Milford Haven through to Honeyborough and also providing access to the heart of Milford Haven Centre.

Accommodation

Ground Floor Two rooms
First Floor Two rooms
Outside Spacious, garden spanning down the rear of Meyrick Street

Tenancies

To be sold with vacant possession.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Leasehold for a term of 999 years from 1 January 2019 - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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