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Penygroes, Llanelli, SA14

Wales

£175,000
Listed on 25/10/2025

Property Details

Bedrooms
6
Type
Terraced house

Description

This substantial three-storey residence offers an abundance of space with the potential to transform it into a modern family home or a lucrative investment opportunity. Boasting six bedrooms and three reception rooms, the property is situated in the sought-after village of Penygroes, conveniently located near Cross Hands, which enhances its appeal for both homeowners and investors. Upon entering, you'll find a welcoming porch that leads into a spacious living room featuring large front-facing windows and a traditional fireplace, providing a cozy atmosphere. The kitchen and dining area, equipped with essential amenities such as a Belfast sink, electric cooker, and dishwasher, presents a solid foundation for renovation. This space could be reimagined into an open-plan layout, ideal for contemporary living. The property includes two additional versatile back rooms that can serve multiple purposes—whether as extra living space or home offices—each with windows allowing natural light to filter in. A cellar accessed from the kitchen offers further storage options or the possibility of development into additional usable space. The sleeping quarters are generous; two of the six bedrooms are notably spacious, one boasting ample room for built-in storage. Each bedroom benefits from radiator heating and natural light through well-placed windows. There’s also significant storage throughout the property with walk-in wardrobes and cupboards to accommodate personal belongings. Externally, the property features an expansive enclosed rear patio with lawn areas that offer further landscaping potential or outdoor entertainment spaces. The setting in Penygroes provides access to local amenities and good transport links—factors that contribute to promising rental yields or future resale values. While some refurbishment is needed within this property, its size and layout present excellent renovation potential that can significantly enhance market value. The existing oil central heating system along with mains electricity, water, and drainage already installed adds practicality during any upgrades. Overall, this residence stands as an exciting canvas for someone looking to invest in real estate within a desirable location while possessing ample room for creativity through renovations or updates to meet current standards.

Investment Analysis

(SA14 area)
Area Average
£199/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Penygroes, Llanelli, SA14
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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
£641
Based on a loan of £131,250 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