Serpentine Road, Tenby, SA70 5 bed detached house for sale

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Serpentine Road, Tenby, SA70 5 bed detached house for sale

Serpentine Road, Tenby, SA70
£500,000

Our Summary

  • Lamack Vale House, Serpentine Road, Tenby, SA70 8DDOffers in Excess of £500,0005 Bedrooms | 3 Bathrooms | 4 Reception Rooms | Indoor Pool | Garden Chalet | FreeholdVictorian Coastal Home with Holiday Let Income and Strong ROI PotentialA rare chance to purchase a substantial Victorian detached home with an indoor swimming pool and income-producing holiday let potential in one of Wales’ most sought-after coastal towns
  • ft)* Private rear garden and off-street parking for 4–5 cars* Garden chalet with kitchen, bedroom, and shower room — ideal for guests or letting* Excellent scope for modernisation and value uplift* Chain-free---Floor Area & Key DetailsInternal Area: 3,059 sq
  • Investment Opportunity
  • Modernization Renovation Potential

Description

Lamack Vale House is a substantial Victorian detached home in Tenby, Wales, offering over 3,000 sq.ft of versatile accommodation, including five bedrooms, four reception rooms, and an indoor heated swimming pool. The property is already an established holiday let, generating £61,166 in 2023/24 at 36% occupancy, with projections of £155,000-£197,000 per annum post-modernisation. The property also features a self-contained garden chalet, ideal for guests or letting. With its prime coastal location, Tenby attracts over 3 million annual visitors, making it an attractive holiday let market. The property offers excellent scope for modernisation and value uplift, with potential for a one-year return on investment of 60.88% at 70% occupancy.