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Cwmfelin Road, Llanelli

Wales

£129,995
Listed on 02/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1009 sqft

Description

This end-of-terrace stone cottage in Bynea presents a compelling opportunity for renovation and investment. Nestled in a well-connected area, it offers easy access to both Llanelli and Swansea, making it an attractive location for commuters. The property, while in need of modernization, features a functional layout that can be tailored to suit personal tastes or market demands. The ground floor includes two reception rooms and an open-plan kitchen dining area, providing a spacious environment ideal for family living. The kitchen has the potential for upgrades, with ample space for essential appliances and natural light filtering through the rear-facing windows and French doors. Upstairs, you will find three bedrooms alongside a bathroom that accommodates basic amenities. Each bedroom benefits from natural light and offers possibilities for reconfiguration or enhancement to maximize space and comfort. Externally, the property boasts side access leading to an expansive overgrown rear garden that could be transformed into a private outdoor retreat or utilized for additional features such as off-road parking, subject to planning permission. The presence of old sheds could offer further opportunities for storage or conversion depending on your vision. With no onward chain, this cottage is ready for a new owner who is willing to invest time into revamping its existing charm while simultaneously exploring its full potential as a rental or family home.

Investment Analysis

(SA14 area)

Below Market Value

This property is priced -35.3% below area average per sq ft

-35.3%
Potential saving
This Property
£129/sq ft
Area Average
£199/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£220,926
10% above area average per sq ft
Potential ROI
+22.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (SA14)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 5.7%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on SA14 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

Cwmfelin Road, Llanelli
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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
£476
Based on a loan of £97,496 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