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Land Off Park Lane, Lower Brynamman, SA18 1TE - Image 1
Land Off Park Lane, Lower Brynamman, SA18 1TE - Image 2

Land Off Park Lane, Lower Brynamman, SA18 1TE

Wales

£59,999
Listed on 14/11/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents a noteworthy opportunity for investors and developers, featuring a lapsed planning permission for two detached homes. Nestled along a tranquil side road in the semi-rural village of Lower Brynamman, this building plot offers significant potential for future development subject to securing the necessary approvals. Positioned at an elevated location, the land boasts attractive countryside views and an open aspect that enhances its appeal. While the original planning consent was granted in 2008 (Ref: P2007/0624), it has since lapsed, presenting the opportunity to reapply with updated plans that could capitalize on the surrounding environment. The village of Brynamman provides essential amenities, including a public cinema, primary school, and access to picturesque riverside walks and cycling paths. For more comprehensive shopping needs, residents can easily reach Ammanford town center, making this location both convenient and desirable for future homeowners or tenants. According to the vendor, mains services are available on site but will require connection fees. This aspect further adds value for prospective buyers looking to invest in a property with solid infrastructure options. This freehold plot not only promises renovation possibilities but also stands as a compelling investment prospect within an evolving community landscape.

Investment Analysis

(SA18 area)
Area Average
£186/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£6,000 - £15,000
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SA18)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 3.5%
5 year growth: 45.7%
Investment Disclaimer: Analysis based on SA18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Land Off Park Lane, Lower Brynamman, SA18 1TE
Map showing location of Land Off Park Lane, Lower Brynamman, SA18 1TE
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