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24 Water Street, Pembroke Dock, Dyfed SA72 - Image 1
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24 Water Street, Pembroke Dock, Dyfed SA72

Wales

£170,000

Listed on 11/10/2026

The listing

Property details

Bedrooms
6
Type
Terraced
Area
2056 sqft

Description

A freehold building in Pembroke Dock arranged as four self-contained one-bedroom apartments, each with its own bedroom, living room, kitchen and bathroom or shower room. The property extends across several levels and is described as having separate arrangements for the units' bills. It is being marketed as a substantial refurbishment project, with some rooms stripped back and kitchens and bathroom facilities in varying condition. Buyers should investigate the existing lawful use and planning position, building regulations, services, council tax and any licensing requirements. The listing notes that cash purchasers may be better suited given the property's condition and advises buyers to check finance availability. Each flat has its own EPC, with certificates available from the agent. Pembroke Dock has shops, supermarkets, cafes and other everyday services, as well as a railway station, local bus links, the A477 and a ferry terminal. The waterfront, marina and dockyard are nearby, with further amenities in Pembroke and the wider Pembrokeshire area. The property is marketed through Springbok Properties' Premium Fast Sale Plus process; buyers should confirm the reservation and administration terms directly with the agent.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

71out of 100
Grade BGood opportunity

Confidence: MEDIUM

The standout opportunity is the freehold building arranged as four self-contained one-bedroom apartments, giving a buyer scope to refurbish each unit and bring the whole property to a consistent standard. The £170,000 asking price is £83/sq ft, around 54% below the local average, making this a notably cheap entry point for a substantial multi-unit project. The photos show extensive disrepair, including missing ceiling sections, exposed joists, staining and damaged finishes across several areas; visible kitchens and bathroom or shower-room fittings also offer clear scope for replacement and improvement.

This is a full-scale renovation rather than a cosmetic update: the £85,000–£155,000 works range reflects the size of the job and the need to investigate the ceiling damage and water-related staining before setting a programme. The four-unit layout and low purchase price give the project its appeal, while buyers should verify the lawful use, services and other requirements for the apartments before proceeding.

Key opportunities

  • Four self-contained one-bedroom apartments in one freehold building create scope to refurbish and improve the units as a coordinated multi-unit project.
  • The substantial multi-storey property offers room to upgrade the varied layouts and finishes, including replacing the visibly damaged kitchen fittings and worn bathroom or shower-room finishes.
  • The asking price is substantially below the local average per square foot, providing an unusually low-cost entry point for this scale of project.

Key risks

  • Stripped interiors, missing ceiling sections and exposed joists, with staining and damaged finishes in several areas, make this a full-gut programme; the £85,000–£155,000 works range calls for careful budgeting and investigation of the ceiling damage before work is scoped.

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Map

Location

24 Water Street, Pembroke Dock, Dyfed SA72
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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.

Tax

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