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Llangadog, Carmarthenshire. - Image 1
Llangadog, Carmarthenshire. - Image 2
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Llangadog, Carmarthenshire. - Image 4
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Llangadog, Carmarthenshire.

Wales

£230,000
Listed on 06/02/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1173 sqft

Description

This charming detached cottage presents an excellent opportunity for renovation enthusiasts and investors looking to capitalize on its potential. Currently consisting of three bedrooms, the property features a living room, kitchen, utility space, shower room, and a separate bathroom. The layout lends itself to modernization and reconfiguration, allowing for customization to meet contemporary living standards. Ivy Cottage is situated at the periphery of the tranquil hamlet of Carregsawdde, offering picturesque views over the common. Its proximity—approximately one mile—from the village of Llangadog provides easy access to local amenities such as a newsagents/post office, butcher's shop, mini market, and a welcoming public house. For more extensive shopping options and services, the market town of Llandovery is just a short drive away. Here you will find cafes, restaurants, a supermarket, and essential healthcare facilities including a doctors' surgery and cottage hospital. Additionally, educational institutions such as junior schools and Llandovery College are available in the area. The property is set within enclosed gardens both at the front and rear, complete with off-road parking for convenience. A garden shed offers storage solutions while external stairs provide access to a balcony connected to one of the bedrooms—an appealing feature that could be further developed into an outdoor retreat. With its quaint character and favorable location near vital community resources, this cottage not only serves as a comfortable residence but also represents potential for significant value enhancement through thoughtful renovation or expansion.

Investment Analysis

(SA19 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£196/sq ft
Area Average
£229/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£295,608
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SA19)

Area prices are falling by +9.8% over the last 12 months
3 year growth: -13.5%
5 year growth: 17.6%
Investment Disclaimer: Analysis based on SA19 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

Llangadog, Carmarthenshire.
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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