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Trafalgar Road, Tenby

Wales

£339,000
Listed on 02/04/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1593 sqft

Description

This spacious terraced house presents a unique opportunity for renovation, featuring five bedrooms and four en-suite bathrooms, making it ideal for both residential living and investment purposes. The property includes two reception rooms, providing flexible living space that can be modernized to meet contemporary standards. Located on a well-regarded residential street, the home is just a short walk from the vibrant town centre and Tenby's South Beach. This prime location not only enhances quality of life but also promises strong potential for future value appreciation, given the ongoing demand for properties in this area. The exterior features two single garages along with secured parking at the rear, offering significant convenience in this central locale—an advantageous feature that is increasingly rare. The enclosed front patio garden and two separate courtyards add to the outdoor space available for potential landscaping or leisure activities. Inside, while the property requires modernization throughout, it offers solid structural bones and a mix of uPVC and timber windows alongside gas central heating. The entrance hall welcomes you with its original tiled flooring, leading into a bright lounge characterized by high ceilings and a large bay window. The ground floor includes a fifth bedroom with an en-suite bathroom for added practicality. Upstairs, four additional bedrooms each come equipped with en-suites, enhancing their appeal to potential renters or buyers seeking accommodations that prioritize privacy. The layout offers room for reconfiguration to optimize space usage as well. For those interested in investment potential or creating a dream family home, this property serves as a blank canvas poised for transformation. With all main utilities connected including mains gas, electricity, water, and drainage, this home is ready for its next chapter. Note that there are informal rental agreements currently for the garages; these can be addressed upon sale completion. In summary, this property not only offers immediate renovation potential but also promises long-term value growth in an attractive coastal town setting.

Investment Analysis

(SA70 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£213/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£33,900 - £84,750
10-25% of property value
Target Value
£523,850
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Monthly Sales
10
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SA70)

Area prices are falling by +8.3% over the last 12 months
3 year growth: -11.5%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on SA70 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

Trafalgar Road, Tenby
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