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Barn adjacent to The Mansel Arms Porthyrhyd, Carmarthen, SA32 8BS

Marketed by:

Auction House Wales

Auction House Wales

6 Station Rd, Radyr, Cardiff CF15 8AA, UK

02920 475 184

For Sale

Barn Conversion Opportunity – Carmarthen

Barn adjacent to The Mansel Arms Porthyrhyd, Carmarthen, SA32 8BS

For Sale

£55,000+

Key Features
  • 4 bedrooms
  • Freehold
  • EPC: Verify source/legal pack
  • Planning
  • Parking
Description

Stop slideshow Previous 1 of 7 Next Enlarge Stop slideshow Previous 2 of 7 Next Enlarge Stop slideshow Previous 3 of 7 Next Enlarge Stop slideshow Previous 4 of 7 Next Enlarge Stop slideshow Previous 5 of 7 Next Enlarge Stop slideshow Previous 6 of 7 Next Enlarge Stop slideshow Previous 7 of 7 Next Enlarge Close Previous Next and closes Wednesday 7th October 2026 from Midday. Description and closes Wednesday 7th October 2026 from Midday. Potential Barn Conversion Opportunity – Lapsed Planning Permission An opportunity to acquire a barn which previously benefited from planning permission for conversion into a four-bedroom dwelling. The property benefits from a large rear garden and off-road parking, and is situated in a semi-rural location close to the village of Cross Hands, which offers a range of local amenities including shops, restaurants and leisure facilities. The property also benefits from convenient access to the A48, providing direct routes to Carmarthen and the M4 motorway at Pont Abraham. The previous planning permission was granted under reference W/29912 and has now lapsed. Interested parties are advised to make their own enquiries with Carmarthenshire County Council regarding the planning history and potential future use of the property. Barn Double door entrance with split level inside. Outside Front driveway and rear garden. IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit

Accommodation

The source particulars describe the accommodation above; room-by-room dimensions should be checked against the auction floorplan and legal pack where available.

Location

Property located at Barn adjacent to The Mansel Arms Porthyrhyd, Carmarthen, SA32 8BS. Local access, services and immediate surroundings should be confirmed during viewing and due diligence.

Tenure

Freehold | EPC: Verify source/legal pack

Tenancy / Occupancy

No passing rent has been assumed unless explicitly stated in the source particulars. Confirm vacant possession, occupational interests and any tenancy documentation in the legal pack.

Development / Planning

The source identifies a development/planning angle. Planning status, drawings, conditions, CIL/S106 exposure, access, services and buildability must be independently verified before bidding.

Investment Analysis

Auctioneer/source facts are set out above. The figures below are HB desktop screening estimates based on the supplied particulars and current property type/condition. They are not an auctioneer valuation or formal survey.

The Base Scenario is used consistently throughout. SDLT is buyer-specific and should be added separately before setting a final bidding ceiling.

Investment Snapshot
Guide Price / Status£55,000+ / For Sale
Low / Base / High Works£8,000 / £14,000 / £22,000
Purchase + Base Works£69,000
Auction / Buyer Fee Allowance£1,200
Legal / Searches Allowance£1,800
Finance Allowance£3,025
Holding Cost Allowance£4,500
Works Contingency£1,400
Estimated Base Project Cost£80,925 excluding buyer-specific SDLT
Low / Base / High GDV£63,000 / £74,000 / £88,000
Low / Base / High Rent£500 / £650 / £800 pcm
Base Annual Rent£7,800
Gross Yield – Guide14.2%
Gross Yield – Total Project Cost9.6%
70% / 75% Refinance on Base GDV£51,800 / £55,500
Cash Left In at 75%£25,425
Base Flip Surplus£-6,925
Suggested StrategyCommercial / Mixed Use
Market Comparables

HB desktop market evidence should be read together with the exact property type, condition, tenure and local micro-location. The Low/Base/High GDV range above is a screening range and must be confirmed against recent Land Registry sold evidence before a binding bid is made.

Proposed Works
Initial strip-out / preparation£1,200–£3,300
Core refurbishment / building works£3,600–£9,900
Services / compliance / finishes£2,000–£5,500
Contingency / external works£1,200–£3,300

HB works allowance: Low £8,000, Base £14,000, High £22,000. The Base Works figure is used consistently below; a measured survey and contractor pricing are required before commitment.

Rental Value

HB working rental range: £500–£800 pcm, with £650 pcm (£7,800 pa) used as the Base case. This is a desktop estimate rather than passing rent and should be checked against live comparable lettings.

Low / Base / High Investment Scenario
Low ScenarioGDV £63,000; works £22,000; rent £500 pcm
Base ScenarioGDV £74,000; works £14,000; rent £650 pcm
High ScenarioGDV £88,000; works £8,000; rent £800 pcm
BTL Analysis
Monthly / Annual Rent£650 pcm / £7,800 pa
Gross Yield on Guide14.2%
Gross Yield on Total Project Cost9.6%

Gross yields exclude management, maintenance, voids, insurance, service charge where applicable, tax and mortgage costs.

Flip Analysis
Base Project Cost£80,925 excluding SDLT
Base GDV£74,000
Estimated Base Surplus£-6,925
Surplus on Cost-8.6%

This is a desktop screening surplus, not net profit. SDLT, tax and any additional selling/professional costs must be included before a final decision.

Commercial Analysis

The specialist strategy must be appraised separately using the actual planning/use position, professional fees, infrastructure or fit-out costs, finance, contingency and an appropriate investor/developer return. Do not rely on a standard residential yield model alone.

Maximum Bid Indicator
Base GDV£74,000
Less Base Works£14,000
Less Auction / Legal / Finance / Holding / Contingency£11,925
Required Return Allowance15% of Base GDV
HB Desktop Screening Ceiling£36,975

The HB Desktop Screening Ceiling is an appraisal indicator only, not a formal valuation or instruction to bid. Add buyer-specific SDLT and amend finance/return requirements before use.

Strategy Recommendation

Commercial / Mixed Use. This is the most relevant desktop strategy based on the source property type and current assumptions. Proceed only after legal-pack, survey, funding and market-evidence checks.

Strategy Rating

Commercial Investment ★★★☆☆   |   Development ★★★☆☆

Key Risks
  • Condition and refurbishment-cost overrun risk.
  • Legal title, special conditions and financeability must be checked.
  • Desktop GDV and rental assumptions require confirmation against current comparable evidence.
Analysis Confidence

Medium. The supplied individual-lot scrape provides useful source facts, photographs and location data. Confidence remains below High until the legal pack, physical survey and final sold/rental comparable evidence are fully checked.

Auction Details : 

Auction House Wales

Auction Date : 

07/10/26

Lot Number : 

005

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

Barn adjacent to The Mansel Arms Porthyrhyd, Carmarthen, SA32 8BS

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