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Queen Street, Llandovery SA20

Wales

£135,000
Listed on 23/05/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1840 sqft

Description

This substantial detached property offers a unique opportunity for renovation, boasting five to six bedrooms and a rich history as the former Royal Stores grocery shop. Located in proximity to the town center of Llandovery, the property is ideally positioned for those looking to invest in a project with significant potential. The traditional brick and stone construction under a slate roof provides a solid foundation for transformation. While the property currently requires comprehensive refurbishment, its layout presents numerous possibilities for reimagining the space. The ground floor features a front hallway that seamlessly connects to several rooms, including an expansive reception and dining area with an open fireplace, which could serve as an inviting focal point after renovation. The former grocery shop area is particularly notable, spanning over nine meters and consisting of multiple partitioned spaces that could be repurposed. Although this section is in a state of disrepair, it offers substantial room for creativity, especially with access leading to parking and a potential garden area at the rear. On the first floor, residents will find ample bedroom spaces that benefit from various views throughout the property. The existing layout includes rooms ideal for conversion into additional living areas or modernized bedrooms, providing flexibility in design choices. The bathroom requires updates but presents an opportunity to create a contemporary retreat. Access to pedestrian pathways adjacent to the property enhances its appeal while adding convenience for future occupants. Given its condition and history, this property stands out as a promising investment for buyers looking to engage in extensive renovations. With strategic improvements, there is significant potential to create a distinctive residence close to local amenities.

Investment Analysis

(SA20 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£73/sq ft
Area Average
£210/sq ft

Renovation Potential

Est. Renovation Cost
£13,500 - £33,750
10-25% of property value
Target Value
£425,242
10% above area average per sq ft
Potential ROI
+152.0%
After renovation
Monthly Sales
3
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SA20)

Area prices are rising by +23.1% over the last 12 months
3 year growth: 2.7%
5 year growth: 72.5%
Investment Disclaimer: Analysis based on SA20 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

Queen Street, Llandovery SA20
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