Guide price
£5,000
4 bed terraced house for saleThe Willows, Merlins Terrace, Haverfordwest, Pembrokeshire SA61
4 beds
1 bath
- Auction
- Freehold
Paul Fosh Auctions
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About this property
Advised Freehold - to be verified by solicitor
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...
For sale by online auction - Lot 14 - 4 Bedroom House for Homeowner occupation / Investment
Bidding opens: 02/09/2025 12:00
Auction scheduled to end: 04/09/2025 17:26
online auction from 2nd September - 4th September 2025
Substantialfronted mid terrace building arranged over lower ground, ground, first and second floors requiring modernisation. The building compromises of four bedrooms, a large rear garden and a quaint setting just off the market town of Haverfordwest.
The property lends itself to many opportunities. There would be the option to refurbish and re-sell on to the open market. Most stock that has sold recently has been comparable as a 3 bedroom with the Willows being a four bedroom.
If The Willows could be refurbished back to a high standard local demand for a high quality refurbished property would be high to local families or investors.
Another option on The Willows would be to renovate to a high standard and rent out on the holiday market. Again, being a four bedroom with its central location in Pembrokeshire, a 4 bedroom property will be in high demand and can be rented out via many expert holiday agents to maximise your returns. A property of four bedrooms would achieve a holiday rental figure of £44,400 gross over a year, if it was to be rented out as a holiday let, accepts pets and a high standard.
Alternatively, the property could be rented out on the open market as a long term let to a family for around £1,500-£1,600PCM, with four bedroom properties in short supply on the rental market. Comparables are online showing rents generated between £1,500-£2,000 pcm.
The property lends itself to many opportunities. There would be the option to refurbish and re-sell on to the open market, most stock that has sold recently has been comparable as a 3 bedroom, with the Willows being a four bedroom, local sales in the area:
- 40 Merlin's Hill, Haverfordwest, 6th March 2025 £275,000 (source rightmove sold prices)
- 1 Beech Tree Gardens, Haverfordwest 13th June 2024 £378,000 (source rightmove sold prices)
- 27 Cherry Trees, Haverfordwest 15th December 2023 £275,000 (source rightmove sold prices)
If Willows could be refurbished back to a high standard, local demand for a high quality refurbished property would be high to local families or investors.
The property is situated on Merlin's Terrace between its junctions with Augustine Way and Freemens Way. Public transport links include Haverfordwest mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the A40 which links to the M4 to the east via the A48. An extensive range of shopping amenities, cafes, bars and restaurants can be found locally in Haverfordwest. Recreational pursuits can be found locally at the open spaces of Priory Salting's Nature Reserve and Pembrokeshire Coast National Park.
Basement 3 x Individual Rooms and storage Room
Ground Floor Kitchen, Lounge, Dining Room
First Floor Bedroom, Bedroom, Bathroom
Second Floor Bedroom, Bedroom, Shower Room
Outside Large garden
Tenure:
Advised Freehold - to be verified by solicitor
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 for invaluable advice.