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Scottish Sun
a day ago
- Business
- Scottish Sun
Two-bedroom cottage with picturesque river views hits market for just £1… but closer look reveals exactly why
It could be the perfect love nest - but there's just one big problem DOER-UPPER Two-bedroom cottage with picturesque river views hits market for just £1… but closer look reveals exactly why A DOER-upper called Love Cottage is on sale for a bargain price - but is hiding a grim secret. The two-bed home - which boasts picturesque river views - is listed with a starting price of just £1 as it goes up for auction, though needs a lot of work. Advertisement 7 The exterior and garden area at Love Cottage is completely overgrown Credit: SWNS 7 The view of Pembroke Dock from the property is picturesque Credit: SWNS 7 The interior also needs plenty of TLC Credit: SWNS The property in Pembroke Dock, Pembrokeshire, requires a total revamp - but could be the perfect love nest. It could work as a holiday let, long-term rental or renovation project for a keen developer. Sean Roper, of Paul Fosh Auctions, said: 'The mid-terraced property has certainly seen much better days. "But there is plenty of scope presented by what is there and added to that the property has a very large garden which could also be exploited and an auction guide price of just £1!" Advertisement He went on to say the expansive garden extends down the rear of Meyrick Street, offering "a number of development opportunities" subject to planning permission. 'The first could be to renovate and refurbish to a high standard for holiday lets due to its proximity to many of Pembrokeshire top tourist areas," said Mr Roper. "Typically, a refurbished two-bedroom cottage would generate in the region of 28k per annum net as a holiday let. "A second option could be to renovate and refurbish to a high standard as a long term let." Advertisement Mr Roper said demand could be high for a refurbished property like this is marketed to young professionals and local workers - with the potential for £900pcm in rent. Another option would be to do it up and sell it for up to an estimated £185,000 or sell the garden space. "Parcels of land could be sold to individual houses along Meyrick Street and then retain the house with a portion of the remaining garden space," explained Mr Roper. The cottage sits close to the main shopping area of Pembroke Dock, with good links to the A40, while there is also a nearby rail station and the A477 provides access to the heart of Milford Haven Centre. Advertisement Bwthyn Cariad is one of some 80 plus lots which will be sold online at Paul Fosh Auctions which starts at midday on June 24 and ends from 5pm on June 26. Nine British beauty spots where you can buy your dream home for 30% less than the asking price By Sam Walker BUYERS in nine areas around the UK could get their dream home for hundreds of thousands of pounds cheaper than the asking price. New data has revealed the British beauty spots where average property sales prices are much lower than average listing prices. House prices have surged across the UK to reach record highs in recent months with affordability still a major challenge for many buyers. But those looking to purchase in nine postcodes can bag some major bargains, according to data from house buying company Upstix. In Salcombe and Lincombe, Devon, buyers can shave 14.69% off the average listed price of a property. The average price of homes there is £842,271, but the average actual sale price is £718,514 - a £123,757 difference. In North Sunderland in the north east of England, and the county of Cumbria, buyers face paying £317,612 for a typical property, despite the average listed price being £450,995 - a 29.58% or £133,383 difference. Meanwhile, in Ellesmere and Cockshutt in the West Midlands, the average listed price of homes is £372,531. However, the average sales price in the same areas is £297,477 - a 20.15% or £75,054 bargain. Unsurprisingly, buyers in London could save the most in cash terms when looking at house sales prices versus listed prices. Properties in the capital city list for an average of £1,503,674, but sell for £1,303,664 - a more than £200,000 gap and 13.30% drop off. The data from Upstix also reveals that buyers face vast disparities between listed prices and actual house prices across postcodes in the East of England, East Midlands and South East England. Buyers in places such as Woodbridge and Rendlesham in Suffolk could bag up to 16.29% off on house prices in these spots, saving potentially £80,261. In postcodes covering Oakham and Cottesmore in the East Midlands savings of 12.72% can be made, while in the south east Mayfield and Five Ashes in East Sussex buyers can grab an 11.40% saving. Click here to read more. 7 The derelict cottage could be flipped and sold for a profit Credit: SWNS 7 It's been left to go to ruin Credit: SWNS 7 But with a guide price of just £1 - it could be worth it Credit: SWNS Advertisement
The Sun
a day ago
- Business
- The Sun
Two-bedroom cottage with picturesque river views hits market for just £1… but closer look reveals exactly why
A DOER-upper called Love Cottage is on sale for a bargain price - but is hiding a grim secret. The two-bed home - which boasts picturesque river views - is listed with a starting price of just £1 as it goes up for auction, though needs a lot of work. 7 7 7 The property in Pembroke Dock, Pembrokeshire, requires a total revamp - but could be the perfect love nest. It could work as a holiday let, long-term rental or renovation project for a keen developer. Sean Roper, of Paul Fosh Auctions, said: 'The mid-terraced property has certainly seen much better days. "But there is plenty of scope presented by what is there and added to that the property has a very large garden which could also be exploited and an auction guide price of just £1!" He went on to say the expansive garden extends down the rear of Meyrick Street, offering "a number of development opportunities" subject to planning permission. 'The first could be to renovate and refurbish to a high standard for holiday lets due to its proximity to many of Pembrokeshire top tourist areas," said Mr Roper. "Typically, a refurbished two-bedroom cottage would generate in the region of 28k per annum net as a holiday let. "A second option could be to renovate and refurbish to a high standard as a long term let." Mr Roper said demand could be high for a refurbished property like this is marketed to young professionals and local workers - with the potential for £900pcm in rent. Another option would be to do it up and sell it for up to an estimated £185,000 or sell the garden space. "Parcels of land could be sold to individual houses along Meyrick Street and then retain the house with a portion of the remaining garden space," explained Mr Roper. The cottage sits close to the main shopping area of Pembroke Dock, with good links to the A40, while there is also a nearby rail station and the A477 provides access to the heart of Milford Haven Centre. Bwthyn Cariad is one of some 80 plus lots which will be sold online at Paul Fosh Auctions which starts at midday on June 24 and ends from 5pm on June 26. Nine British beauty spots where you can buy your dream home for 30% less than the asking price By Sam Walker BUYERS in nine areas around the UK could get their dream home for hundreds of thousands of pounds cheaper than the asking price. New data has revealed the British beauty spots where average property sales prices are much lower than average listing prices. House prices have surged across the UK to reach record highs in recent months with affordability still a major challenge for many buyers. But those looking to purchase in nine postcodes can bag some major bargains, according to data from house buying company Upstix. In Salcombe and Lincombe, Devon, buyers can shave 14.69% off the average listed price of a property. The average price of homes there is £842,271, but the average actual sale price is £718,514 - a £123,757 difference. In North Sunderland in the north east of England, and the county of Cumbria, buyers face paying £317,612 for a typical property, despite the average listed price being £450,995 - a 29.58% or £133,383 difference. Meanwhile, in Ellesmere and Cockshutt in the West Midlands, the average listed price of homes is £372,531. However, the average sales price in the same areas is £297,477 - a 20.15% or £75,054 bargain. Unsurprisingly, buyers in London could save the most in cash terms when looking at house sales prices versus listed prices. Properties in the capital city list for an average of £1,503,674, but sell for £1,303,664 - a more than £200,000 gap and 13.30% drop off. The data from Upstix also reveals that buyers face vast disparities between listed prices and actual house prices across postcodes in the East of England, East Midlands and South East England. Buyers in places such as Woodbridge and Rendlesham in Suffolk could bag up to 16.29% off on house prices in these spots, saving potentially £80,261. In postcodes covering Oakham and Cottesmore in the East Midlands savings of 12.72% can be made, while in the south east Mayfield and Five Ashes in East Sussex buyers can grab an 11.40% saving. 7 7 7 7
Western Telegraph
3 days ago
- Business
- Western Telegraph
Pembroke Dock cottage put up for auction with £1 guide price
Bwthyn Cariad, also known as Love Cottage, is located on Meyrick Street in Pembroke Dock and is being sold by Paul Fosh Auctions. The mid-terrace property is in poor condition and in need of full renovation. Sean Roper, of South Wales-based Paul Fosh Auctions, said: "The mid-terraced property has certainly seen much better days. "But there is plenty of scope presented by what is there and added to that the property has a very large garden which could also be exploited and an auction guide price of just £1." The cottage features two lower ground floor rooms, two bedrooms upstairs, and a large rear garden. Mr Roper said the property could be suitable for development, subject to planning permission and there are a 'number of development opportunities.' He said: "The first could be to renovate and refurbish to a high standard for holiday lets due to its proximity to many of Pembrokeshire's top tourist areas. "Typically, a refurbished two-bedroom cottage would generate in the region of £28,000 per annum net as a holiday let. "A second option could be to renovate and refurbish to a high standard as a long-term let. "There could be high demand for this kind of refurbished property from young professionals and local workers and could achieve a monthly rental of some £900. "Another idea could be to renovate and refurbish to a high standard and sell on the open market. "Renovated, a typical two-bedroom high standard property in this area could sell for between £160,000 and £185,000." He also suggested potential value in the garden. Mr Roper said: "There is also an option to renovate and sell the garden space that runs up Meyrick Street that's with the property. "Parcels of land could be sold to individual houses along Meyrick Street and then retain the house with a portion of the remaining garden space." The property is close to the main shopping area of Pembroke Dock, which is located three miles north west of Pembroke and seven miles south of Haverfordwest. The town has good transport connections via the A477 and a nearby rail station. Bwthyn Cariad is one of more than 80 lots listed in the upcoming Paul Fosh Auctions. The sale opens at 12pm on Tuesday, June 24 and closes around 5pm on Thursday, June 26.
Miami Herald
3 days ago
- Business
- Miami Herald
This countryside cottage is being auctioned off for just over $1
By Elizabeth Hunter A derelict cottage nestled in the countryside is up for auction, with a price tag of just £1 (just over $1). The two-bedroom home named Bwthyn Cariad - or Love Cottage - is located in Pembrokeshire in Wales, but is in need of a total revamp. Auctioneers at Paul Fosh Auctions hope the price tag of just £1 will attract investors who are up for the challenge of renovation. Sean Roper, senior auction valuer, believes there could be handsome rewards if an investor is willing to show the cottage some much-needed love. "The mid terraced property has certainly seen much better days," he said. "But there is plenty of scope presented by what is there and added to that, the property has a very large garden which could also be exploited - and an auction guide price of just £1! "Currently, Bwthyn Cariad has two lower ground floor rooms with two bedrooms upstairs, with the expansive garden which extends down the rear of Meyrick Street. "It would seem that the lot offers a number of development opportunities, subject to obtaining planning permission. "The first could be to renovate and refurbish to a high standard for holiday lets due to its proximity to many of Pembrokeshire top tourist areas. "Typically, a refurbished two-bedroom cottage would generate in the region of 28k per annum net as a holiday let. "A second option could be to renovate and refurbish to a high standard as a long term let. "There could be a high demand for this kind of refurbished property from young professionals and local workers and could achieve a monthly rental of some £900 pcm. "Another idea could be to renovate and refurbish to a high standard and sell on the open market. "Renovated, a typical, two-bedroom high-standard property in this area could sell for between $160,000 and $185,000. "There is also an option to renovate and sell the garden space that runs up Meyrick Street, that's with the property. "Parcels of land could be sold to individual houses along Meyrick Street and then retain the house with a portion of the remaining garden space. "The property is located within close proximity of the main shopping area of Pembroke Dock. "Pembroke Dock itself is a town located some three miles north west of Pembroke and seven miles south of Haverfordwest, with good road links provided by the A47,7 which links to the A40 at Johnstown. "Pembroke Dock provides a comprehensive range of shopping and recreational pursuits also it benefits from a rail station Northwest of the property, providing further transport links. "The A477 also leads north via the Cleddau Bridge crossing Milford Haven through to Honeyborough and also providing access to the heart of Milford Haven Centre." Bwthyn Cariad is one of some eighty-plus lots which will be sold online at Paul Fosh Auctions, which starts at 12 noon on Tuesday, June 24 and ends from 5 pm on Thursday, June 26. The post This countryside cottage is being auctioned off for just over $1 appeared first on Talker. Copyright Talker News. All Rights Reserved.
Wales Online
08-05-2025
- Business
- Wales Online
Open the front door and you'll find a historic sweet shop still with its old weighing scales within
A former shop in west Wales that is going to auction with an eye-catching guide price, could turn out to be a lucrative investment as a spacious residential property and potentially a place to call work as well as home. The characterful property is like stepping into a bygone era with its vintage shop fittings and an old cash register, preserved from the time it last served a customer many years ago. Features such as period weighing scales, pine cladding, and the shop's robust counter and display cabinet remain untouched since the day it closed. Where once sweet jars were displayed, now old Penguin paperbacks and other hardback books line the pine shelves against the high walls. For more property stories sent to your inbox twice a week sign up to the property newsletter here READ MORE: You can buy half an entire Welsh hamlet and it's the most gorgeous thing you've ever seen Sean Roper, from Paul Fosh Auctions, believes the property's future lies in residential use, given its days as a shop are long past. While the former shop needs modernisation and improvement, Sean suggests it could yield a handsome return post-renovation and upgrading. He says: "This gem of a property offers excellent potential as a large family dwelling or has the potential to be split into flats or HMO (House of Multiple Occupation), subject to planning. The historic building was previously a shop with living accommodation which once traded as a sweetshop from forty years to sixty years ago. Since then, it has solely been used as a residence. "There are a number of wonderful original features retained in the property such as doors, flooring and vintage fireplaces. The staircase is also a standout feature which would complement any future improvements. Externally the three-bedroom house has a spacious rear garden. "On the ground floor are three reception rooms, a bathroom and lean to and the former shop space, the three bedrooms are on the first floor with bathroom and access to roof space. Outside is the garden with an outbuilding and a side entrance to the property." Outside, the detached house can also boast a substantial rear garden that could easily accommodate a large extension or even facilitate the creation of a building plot at the end, both suggestions of course are subject to achieving planning permission. The house that's bursting with potential and comes with oodles of period charm waiting to be restored is listed with a guide price of just £45,000-plus and is located in the village of Llandybie which boasts a variety of local amenities and shops set amidst scenic countryside, and it's only a short seven-minute drive from the lively town of Ammanford. The former shop will be featured in the upcoming Paul Fosh Auctions online event, which kicks off at 12 noon on Tuesday, May 20, and concludes from 5pm on Thursday, May 22, call 01633 254044 to find out more. For more property stories join our Amazing Welsh Homes Facebook group here.
