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Llanferran Farm, Rhodiad, St Davids, SA62 - Image 1
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Llanferran Farm, Rhodiad, St Davids, SA62

Wales

£450,000
Listed on 11/08/2023

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This property presents a unique opportunity with two established cottages, each featuring two bedrooms, along with the potential to develop an additional two cottages, subject to obtaining the necessary planning permissions. Situated on approximately three-quarters of an acre, this site is just two miles from St Davids, known as Britain's smallest city, and is also in proximity to stunning beaches such as Whitesands Bay and Caerfai. The current cottages are designed for comfortable living and are fully operational as holiday rentals or Airbnbs, making them a lucrative investment for those looking to enter the vacation rental market. Each cottage includes its own private garden space, enhancing the appeal for guests seeking relaxation amid Pembrokeshire's beautiful landscape. Moreover, the property extends directly onto the Pembrokeshire Coastal Path, attracting outdoor enthusiasts eager to explore one of the most scenic coastlines in the UK. This location not only offers natural beauty but also provides potential for sustainable income through increased tourist traffic. The opportunity to convert the existing structures into additional accommodations opens up various possibilities for future expansion within this thriving tourist area. If you’re looking for a project that combines renovation potential with a well-established income stream in a sought-after location, this property warrants consideration. Viewings are by appointment only, as it is part of an active working farm where both cottages are currently operational as holiday lets. In terms of amenities, mains electricity is connected to both properties. Council tax band details are to be confirmed.

Investment Analysis

(SA62 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SA62)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -15.8%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on SA62 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Llanferran Farm, Rhodiad, St Davids, SA62
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE