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Tenby Road, St. Clears, Carmarthen - Image 1
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Tenby Road, St. Clears, Carmarthen

Wales

£85,000
Listed on 07/01/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This offering presents two freehold plots that previously enjoyed detailed planning consent for the construction of four-bedroom detached dormer bungalows, now lapsed. Situated within a short walk from the town center, these plots are conveniently located near various amenities essential for everyday living, including shops, a primary school, and medical facilities such as doctors and veterinary surgeries. The nearby A40 enables easy access to Carmarthen and the picturesque coastal towns of Pembrokeshire, enhancing the site's appeal for potential residents. The existing planning consent was granted in August 2017 for two dormer bungalows, one designed with a double garage. Although this approval has since lapsed, it showcases the property’s development potential, making it an attractive opportunity for builders or small developers looking for a project with solid foundations. Interested parties could explore reapplying for planning permission or consider alternative residential options that may better suit current market demands. From an investment perspective, these plots are positioned well in terms of accessibility and local conveniences. With mains water, electricity, drainage, and gas services available nearby—subject to buyer inquiries regarding connection costs—the groundwork is laid for immediate development once planning is secured again. Additionally, there is a legal obligation pertaining to affordable housing contribution amounting to £30,333.78 for the entire site before commencing any construction work. This adds another layer to consider when assessing the overall investment strategy. Overall, these plots offer substantial renovation and development potential in a desirable location poised for growth.

Investment Analysis

(SA33 area)
Area Average
£232/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SA33)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -14.9%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on SA33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tenby Road, St. Clears, Carmarthen
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Mortgage Calculator

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£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£311
Based on a loan of £63,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE