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Whitemill, Carmarthen, Carmarthenshire, SA32

Wales

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
7
Type
Detached
Area
3753 sqft

Description

This expansive period farmhouse, believed to date back to the late 1700s or early 1800s, presents a unique opportunity for those looking to invest in a property with significant renovation potential. Spanning approximately 3,753 sq ft across three floors, the main residence boasts a wealth of character features alongside modern amenities, making it suitable for both personal use and as a business venture. Notably, the second floor is home to a self-contained one-bedroom apartment currently functioning as a holiday let, reflecting its capability for generating rental income. The property includes traditional stone barns that have been used for storage and stabling but could be creatively transformed into additional living spaces or further holiday lets (subject to planning permission). There’s also a large modern building ideal for storage or workshop purposes. The lovely grounds cover about an acre and are adorned with mature trees and landscaped gardens, creating an inviting atmosphere. Additionally, potential buyers may consider acquiring two separate two-bedroom apartments currently operating as holiday lets alongside the farmhouse and surrounding structures. This comprehensive offering ensures flexibility in how the farm can be utilized. Located in the picturesque Carmarthenshire countryside near the Towy valley, this property serves as an excellent investment opportunity for those interested in rural living combined with business pursuits.

Investment Analysis

(SA32 area)

Below Market Value

This property is priced -45.9% below area average per sq ft

-45.9%
Potential saving
This Property
£133/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,017,420
10% above area average per sq ft
Potential ROI
+64.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SA32)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -16.9%
5 year growth: +0.5%
Investment Disclaimer: Analysis based on SA32 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

Whitemill, Carmarthen, Carmarthenshire, SA32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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.

Price History

-9.1% since listed
£500,000£50,000(-9.1%)
31/12/2025
Current price
£550,000Initial listing
04/10/2025

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