5 bedroom detached for sale

£1,650,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

Caerhys is a charming traditional Pembrokeshire farm which enjoys a magnificent position overlooking Abereiddy Beach and the famous Blue Lagoon. With land extending to approximately 114 acres, this farm offers not just one, but two homes along with a wide range of barns and stone outbuildings. The scope to either run a successful rural enterprise or enjoy this perfect setting for a buyer with an equestrian interest is a truly exciting prospect.

There are two main residences on the farm the main house of Caerhys along with a separate, self-contained cottage called Dan Y Graig. The main farmhouse offers two large reception rooms on the ground floor along with a utility room and cloakroom with five bedrooms, two of which are ensuite, on the first floor. The first floor also offers a bathroom and separate shower room. The property was previously run as a bed and breakfast with the letting rooms enjoying wonderful sea views over the nearby coastline. Next to the main farmhouse you find the separate cottage of Dan Y Graig. While in need of modernisation this property offers two reception rooms, a kitchen and bathroom on the ground floor along with three bedrooms on the floor above. The two properties offer huge flexibility to suit the needs of a purchaser with the options for an extended family to enjoy both spaces or for them to be used as part of a hospitality business.

In addition to the main buildings, the sale also includes two stone outbuildings, which offer great scope for conversion, subject to any relevant planning. Beyond these stone outbuildings you also find two large, steel framed, agricultural barns which provide superb storage and stabling. The larger of the two barns also contains a kitchen and bathroom with scope to create a bunkroom above this. There is also a traditional hay straw-built community building at the end of the driveway which has previously been used as a farm shop and an events space.

The land at Caerhys extends to approximately 114 acres of pasture extending to the waterline, of which around 70 acres are let out on a short term (6 month contract) for silage/hay. The remaining grounds have been successfully farmed for a variety of produce with the rich, well-drained soil providing an excellent base for any future farming projects. There is stabling for four horses in the larger of the two barns, along with a historic mnage which could be brought back into use if needed.

Caerhys is well-positioned around halfway between the town of Fishguard and the historic city of St Davids. Some of the most rugged and beautiful coastline in Pembrokeshire extends along the northern boundary of the farm and offers hours of enjoyment both on and off the water. The county town of Haverfordwest is just over half an hours drive away with its range of shops, amenities and transport links. The absolutely breath-taking west and north coast of Pembrokeshire are literally at your doorstep with this property, with the blue waters of the Irish Sea a constant backdrop to the farm, calling you to go out and explore.

The multiple options offered by Caerhys is a fascinating opportunity for a purchaser. Such a large and complete farm in such a wonderful position is a rare find on the open market and offers a buyer the chance to create their dream life by the sea.

Council tax band - E - 2,019.97

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Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1390700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 41250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 153200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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