Worst House on the Street Logo
New Road, Goodwick - Image 1
New Road, Goodwick - Image 2
New Road, Goodwick - Image 3
New Road, Goodwick - Image 4
New Road, Goodwick - Image 5

New Road, Goodwick

Wales

£195,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1227 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for renovation and investment. Set on a substantial plot, the property includes front and rear gardens adorned with mature trees, as well as a lean-to greenhouse. The driveway offers ample off-road parking along with an attached garage, providing practicality and convenience. The bungalow is of non-standard construction, featuring asbestos materials that will require careful consideration during any refurbishment efforts. Its internal layout comprises an entrance porch leading to a hallway, three reception rooms, three bedrooms, a shower room, kitchen, utility space, and a boiler room. Notably, some rooms have separate external access which could offer possibilities for reconfiguration or independent usage. For those with development aspirations, the property comes with outline planning permission for the construction of up to four additional dwellings (planning number 21/0482/PA). This could enhance its value significantly; however, prospective buyers should be aware that the existing structure would need to be removed before any new building work could commence. There are also obligations for an affordable housing contribution tied to this development. Located in Goodwick—a village that offers local amenities and is in close proximity to Fishguard—this property benefits from easy access to essential services including schools and leisure facilities. The nearby ferry terminal provides transport links to Ireland while the recently reopened railway station enhances connectivity to Swansea and beyond. Outdoor enthusiasts will appreciate the proximity to the Pembrokeshire Coastal Path and various beaches accessible within a short drive. Overall, this bungalow not only offers immediate living space but also significant potential for those looking to invest in property development in a desirable area.

Investment Analysis

(SA64 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£159/sq ft
Area Average
£176/sq ft

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Target Value
£237,547
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Monthly Sales
2
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SA64)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on SA64 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New Road, Goodwick
Map showing location of New Road, Goodwick
Open Map