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Llangadog, Carmarthenshire. - Image 1
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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 detached cottage presents an excellent opportunity for renovation and investment, featuring three bedrooms and a charming enclosed garden. Known as Ivy Cottage, its location on the outskirts of the tranquil hamlet of Carregsawdde offers picturesque views over the common while being just a mile from the amenities of Llangadog. Inside, the layout includes three bedrooms, a living room, kitchen, utility space, a shower room, and a bathroom. The property’s potential is evident in its design and structure, making it an ideal candidate for updates that could enhance both livability and value. The garden surrounds the home on both the front and back sides, providing ample outdoor space that can be further developed or landscaped according to your vision. Additionally, off-road parking adds convenience for residents and guests alike. The garden also features a shed and external stairs leading up to a balcony that accesses the third bedroom—an interesting element that could be creatively utilized in any renovation plans. Llangadog village offers essential services such as a newsagent/post office, butcher shop, mini market, and a public house. For more extensive shopping needs and facilities like cafes, restaurants, and healthcare options—including a cottage hospital—you can easily reach nearby Llandovery. This larger market town also hosts educational institutions ranging from junior school to Llandovery College in the private sector. Ivy Cottage’s combination of appealing location and renovation potential makes it a compelling property for those looking to invest or create a personalized living space in this serene countryside setting.

Investment Analysis

(SA19 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£196/sq ft
Area Average
£232/sq ft

Renovation Potential

Est. Renovation Cost
£23,000 - £57,500
10-25% of property value
Target Value
£299,285
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Monthly Sales
7
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SA19)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -8.9%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on SA19 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

Llangadog, Carmarthenshire.
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