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Mansel Street, Llanelli

Wales

£90,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
796 sqft

Description

This two-bedroom mid-terrace house offers a compelling opportunity for renovation in a lively town center. The spacious lounge area, combined with the dining space, creates a versatile environment that can be transformed into an inviting hub for relaxation and socializing. The kitchen, currently functional but dated, presents excellent potential for modernization, allowing you to incorporate your personal style and preferences. On the upper floor, you'll find two well-sized bedrooms that can accommodate a small family or serve as guest rooms, along with a bathroom that awaits your updates. A notable feature of this property is the garage located at the rear, which not only provides additional storage but also the potential for off-road parking—a valuable asset in such a central location. While the home requires some updating, it serves as a blank canvas with endless possibilities for those looking to invest in their vision. Situated in close proximity to local amenities, shops, and transport links, this property stands out as an ideal choice for first-time buyers or investors seeking to capitalize on its renovation potential. This mid-terrace house is more than just a place to live; it represents an opportunity to create a personalized home within an engaging community. Consider this chance to invest in both your future and the vibrant character of Llanelli.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£113/sq ft
Area Average
£157/sq ft
Avg Rent (weekly)
£189
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£137,863
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SA15)

Area prices are rising by +7.2% over the last 12 months
3 year growth: 7.0%
5 year growth: 40.2%
Investment Disclaimer: Analysis based on SA15 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

Mansel Street, 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
£330
Based on a loan of £67,500 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