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Troed Y Bryn, Upper Tumble, Llanelli

Wales

£160,000
Listed on 29/10/2024

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1005 sqft

Description

This semi-detached house presents a promising opportunity for renovation, situated on the outskirts of Tumble. The location offers convenient access to local amenities and is a short drive from Cross Hands, as well as offering quick connections to the A48 trunk road, making it ideal for commuters. The accommodation features an entrance hall that leads to the main living areas, including a spacious lounge/diner with an electric fire and dual aspect windows that provide plenty of natural light. The kitchen, though in need of modernisation, comes equipped with fitted units and essential plumbing for appliances—a blank canvas for those looking to create their dream kitchen. On the first floor, you'll find three bedrooms, each with built-in cupboards and uPVC double glazing. These rooms offer ample space and potential for reconfiguration or updates to suit personal style. The shower room is functional but would benefit from some refurbishment. Additional features include oil central heating and uPVC double glazing throughout, along with off-road parking—a valuable asset in this area. The front and rear gardens offer outdoor space that could be tailored to enhance both functionality and appeal. There are also multiple store rooms and an outside WC, presenting further opportunities for use or conversion. With its solid structure and desirable location, this property holds significant investment potential. Whether you're considering a family home or seeking a project to add value through renovation, this house provides a strong foundation in a community-rich environment.

Investment Analysis

(SA14 area)

Below Market Value

This property is priced -19.6% below area average per sq ft

-19.6%
Potential saving
This Property
£159/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£218,944
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Monthly Sales
23
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (SA14)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 5.1%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on SA14 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

Troed Y Bryn, Upper Tumble, Llanelli
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