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Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA - Image 1
Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA - Image 2
Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA - Image 3
Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA - Image 4
Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA - Image 5

Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA

Wales

£299,950
Listed on 27/03/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1722 sqft

Description

This spacious four-bedroom detached home offers a significant opportunity for renovation and investment, situated in a desirable area within walking distance to local amenities and educational facilities. Set on a generous plot, the property features private off-road parking and a level rear garden that provides scenic views of the surrounding countryside. The accommodation is spread over three levels, beginning with a welcoming entrance hall that leads into a large dual-aspect lounge, ideal for creating an inviting living space. Adjacent to the lounge is a flexible sitting room that can also serve as a fourth bedroom, adding versatility to the layout. The kitchen, while functional, presents ample scope for modernization with its existing cabinetry and space for essential appliances. On the first floor, three well-proportioned bedrooms offer plenty of natural light, especially from the grand bay windows that frame views over Newcastle Emlyn. There is also a small study or box room that could be transformed into a more useful workspace or additional storage. A bathroom completes this level, featuring traditional fittings with potential for a contemporary makeover. The second floor features an expansive attic room with exposed wooden floorboards and windows on both sides, providing further opportunities to enhance living space or create cozy retreats. Externally, the home is set back from the road with an attractive front garden enclosed by walls and railings. The tarmac driveway allows easy access to the rear garden which includes a raised lawn area surrounded by mature shrubs—a perfect canvas for landscaping improvements or outdoor entertaining. While some aspects of the property may require attention—particularly the bay windows—the overall structure shows promise for those looking to invest in residential renovations. Previous underpinning work has been noted; however, prospective buyers should verify details through appropriate surveys to ensure peace of mind. In summary, this property presents not only a spacious family home but also an exciting project for those seeking to add value through thoughtful updates in a convenient location close to essential services and schools.

Investment Analysis

(SA38 area)

Below Market Value

This property is priced -19.0% below area average per sq ft

-19.0%
Potential saving
This Property
£174/sq ft
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £65,000
Target Value
£407,253
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SA38)

Area prices are rising by +12.7% over the last 12 months
3 year growth: -4.6%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on SA38 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

Carmarthen Road, Newcastle Emlyn, Carmarthenshire, SA38 9DA
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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
£1,099
Based on a loan of £224,962 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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