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£1,200,000
Bedrooms
Bathrooms
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Open Day 2 - now 6th July 10:30 - 2:30Seagull Cottage is an historic property situated in the picturesque setting of the Parrog, Newport, Pembrokeshire, and represents a unique opportunity to acquire a property in one of the most sought-after seafront locations on the Pembrokeshire Coast. Originally a 17th-century fishermans cottage and once the Ship Aground pub, it has transformed through the years into a beloved family holiday residence, offering unmatched views of Newport Bay, the estuary and surrounding countryside.The property is complemented by a generous rear garden, providing ample space for relaxation and entertainment amidst a private and peaceful backdrop. A distinguishing feature of Seagull Cottage is its unique lawned front garden, which boasts an area with panoramic views across the water. The tranquility of the setting enhances the aesthetic appeal of the property and serves as a perfect vantage point to enjoy the breathtaking natural scenery of Newport.Having been owned by the same family since 1920, the cottage is steeped in local history, once home to prominent local figures John and Helen Price, who were vital to the daily life in Newport and the Parrog area. Now owned and managed by the Seagull Cottage Partnership, it is offered to the market as a rare gem within the Pembrokeshire National Park.Prospective buyers are invited to discover the unique charm of Seagull Cottage during an Open House event on 15 June, providing a firsthand look at what makes this property a truly exceptional investment in a prime location. Contact Fine and Country West Wales for more information and an appointment to view.GROUND FLOOR:Entrance Porch:Leading into;Entrance Lobby:With original quarry tiled floor, meter cupboard and part glazed door into;Entrance Hall:With continuation of quarry tiled flooring, radiator, stairs to first floor landing, doors to dining room and sitting room.Sitting Room:190' x 114'Front aspect with a wood burning open stove, original wooden floorboards, beamed ceiling, picture railing, radiator and a bay window with exquisite views over the water.Dining Room:180' x 109'Front aspect with an open fireplace, original panelled ceiling, wooden flooring, bay window with exquisite views, radiator and picture railing.Kitchen:131' x 93'Accessed via open archway. Rear aspect, refitted with a range of base level units with a double bowl sink unit with single drainer, quartz effect work surfacing, built in electric oven with four ring Samsung induction hob, wall mounted radiator and two windows overlooking the rear garden.Utility:128' x 711'With a range of eye and base level units, plumbing for automatic washing machine, tiled flooring, single drainer sink unit with mixer tap and a heated towel rail.Rear Hall:With understairs cupboard and door to rear garden.FIRST FLOOR:First Floor Landing:Approached via dogleg stairsLoft Area:With storage space.Bedroom One:1511' x 112'Front aspect with a built in wardrobe, original wood panelled walls, fireplace, bay window with amazing views over the Parrog.Bedroom Two:181' x 103'Front aspect with fireplace, original wood panelled walls, radiator and exquisite views in the bay window over the Parrog.Bedroom Three:113' x 68'Front aspect, a single room with radiator and sublime views.Bedroom Four:111' x 80'Side aspect with some restricted headroom, radiator and original pine panelled walling.Family Bathroom:Low level WC, panel enclosed bath with mixer / shower attachment, pedestal wash hand basin, walk in shower cubicle, tiled walls and Velux window.Exterior:To the rear of the property, there is a suite of outbuildings, one has an outside toilet and the other two are storage sheds. Steps lead up to a rear garden which is mainly laid to lawn with amazing views over the sea beyond. To the front of the property, there is a small front garden immediate the front of the property and across over the path there is your own prime front garden with your own entrance with amazing views over the Parrog. A super useful and amazing front garden.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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