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Black Lion Road, Ammanford, SA14 6RU - Image 1
Black Lion Road, Ammanford, SA14 6RU - Image 2
Black Lion Road, Ammanford, SA14 6RU - Image 3

Black Lion Road, Ammanford, SA14 6RU

Wales

£180,000
Listed on 23/08/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for investors and builders, featuring two building plots that previously had detailed planning permission under reference W/37739, although this has currently lapsed. Located just off Black Lion Road in the village of Gorslas, these plots were approved for the construction of four-bedroom detached houses with en-suite facilities, showcasing their potential for residential development. Gorslas benefits from a strategic location near Cross Hands, which provides an array of shopping options, including convenient access to out-of-town retailers at the Cross Hands business park. Furthermore, the area is well-connected to major transport routes, with proximity to the A48 dual carriageway and easy access to the M4 motorway, enhancing its appeal for future residents. With services available nearby (subject to applicable connection fees), this property offers a solid investment potential in a growing community. The established infrastructure and local amenities make it an attractive proposition for developers looking to capitalize on the demand for quality housing in this area.

Investment Analysis

(SA14 area)
Area Average
£199/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Black Lion Road, Ammanford, SA14 6RU
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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