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Serpentine Road, Tenby, SA70 5 bed detached house for sale
Serpentine Road, Tenby, SA70
£500,000
Serpentine Road, Tenby, SA70
£500,000
Price History
Initial price | £595,000 |
26/02/25 | £480,000 |
09/04/25 | £460,000 |
09/05/25 | £500,000 |
Price Change | -15.97% |
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.