For Sale
Former Lighthouse Keeper’s Cottage Number 5
Pembrokeshire
Offers Over £350,000
Not just a sale, but a lesson for anyone wishing to FUND the purchase of a lighthouse home.
St Ann’s Head Lighthouse Keeper’s Cottage Number 5
Back in 2012, there WERE 5 lighthouse keepers’ cottages in this former lighthouse compound for sale. The whole row of buildings (excluding the tower) were placed on the disposal market at £950,000 (here). At that time they were all in a less than good condition; requiring a fair amount of work to bring each back up to a decent, habitable standard.
St Ann’s Head Lighthouse Keeper’s Cottages.
Photo (c) 2018, Courtesy of Wales News Service
The location and provenance – being next to a lifesaving lighthouse, plus great views across the sea meant that someone was going to do something interesting here.
We had no idea how fascinating our literary detour to Pembrokeshire would become. Researching the house transactions are a lesson in property purchase/sale that may be helpful and educational for many of our readers.
This set of statistics derived from HM Land Registry after the sale of £950,000 didn’t happen say a lot about what went on behind the scenes.
Would you have guessed someone saved themselves £508,000?It certainly raised eyebrows at our office – LHFSOR HQ…
HM Land Registry Figures
Not sure how your mental arithmetic is, but it shouldn’t take to long to work out the whole sale totals for this round is £442,000.
That is half a million pounds less than the publicly disclosed asking price in 2012. Think on that for a moment. Someone effectively saved £508,000. What do you reckon to that? We can all draw lessons on price flexibility and research tools as indicated in the narrative above?
All five houses sold on 4th December 2015. It is reasonable to deduce this was all to the same person/company. Likely for tax of title delineation reasons.
Notwithstanding the dawning realisation of a stonkingly interesting property purchase behind the scenes in Summer/Autumn 2015, someone has spent a lot of money bringing each house up to a good standard. Here, in this example, is cottage number 5 after refurbishment..
St Ann’s Head Lighthouse Keeper’s Cottage Number 5 – Lounge
St Ann’s Head Lighthouse Keeper’s Cottage Number 5 – Bedroom
St Ann’s Head Lighthouse Keeper’s Cottage Number 5 – Bedroom
St Ann’s Head Lighthouse Keeper’s Cottage Number 5 – Kitchen
As of April 2018, there is an end-terraced one for sale at £350,000 to £375,000. We think it will sell well and quickly.
Click Here For CURRENT Sale: Lighthouse Cottage 5.
However, if you like this lighthouse compound, and, in due course, cottage number 5 sells – we are fairly sure that there will be more of these keepers’ homes at this lighthouse compound coming up for sale.
Maybe an idea to get your finances and due diligence ready for Cottage 5, or the next one that will come up for sale. A head start can really give you the edge in succeeding with a lighthouse purchase.
It is also a good thing to look at the “Leasehold” terms and length for the St Anns lighthouse buildings. Plus, of course an RICS survey.
The Cottages + Lighthouse Tower + Helicopter Pad
Photo (c) 2018 Courtesy of Robin Drayton
As you know the purchase price in 2015 was between £80,000 and £100,000, this may give you a modest edge to negotiate a price nearer to £295,000 rather than £375,000. Frankly it my be the seller would accept £225,000 as that still gives them a £145,000 profit! Just a thought given the developer saved themselves £508,000 at the earlier transaction.
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There is some debate as to whether all these houses were lighthouse keepers’ or possibly utilised by HM Coastguard. We would refer to the HM Lasnd Registry excerpt above. Trinity House is the general lighthouse authority for England and Wales. So it is pretty likely they are or were originally lighthouse keepers’ homes. Further information on previous occupants is a property detective job for the new and/or prospective owner.
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Cottage Number 5, St Ann’s Head Lighthouse, Dale, Pembrokeshire, SA62 3RS
Photo (c) 2018 Courtesy of Robin Drayton
Agency Narrative for ONE of the properties…
No 5 Lighthouse Cottages dates back to circa 1970’s and was originally built as the Lighthouse Keepers’ dwelling and has outstanding sea views. The property is currently being used as a very popular and successful holiday let, so would make a superb investment as well as a family home. The property has three double bedrooms, a modern bathroom, a very good sized lounge/dining room with open fire as well as a well equipped kitchen with some integral appliances.
The Reason For The Cottages: Lighthouse Tower
Photo (c) 2018 Courtesy of Tony Atkin
Cottage number 5 is an end terraced property with garden and off road parking. It also has a terrace of four garages and benefits from planning permission for a disabled extension with carer’s accommodation (planning reference NP/17/0233/FUL). The property has been updated over the years and now offers a beautiful home with the modern facilities which we have all become accustomed to.
Location: St Ann’s Head Lighthouse Compound, Pembrokeshire, SA62 3RS
Cottage number 5 has outstanding panoramic sea views overlooking the entrance to Milford Haven waterway which is one of Britain’s deep water harbours. The working lighthouse is still a prominent feature of St Ann’s Head. Do not miss the opportunity of owning such a delightful property positioned in such a spectacular location!
Lighthouse Cottage Number 5: An Amazing Location
Address: Lighthouse Cottage Number 5: St. Ann’s Head, Dale, Pembrokeshire, SA62 3RS
Online For Sale Brochure: Click Here.
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EPC Certificate
This Relates To Cottage Number 5
