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Tunnel Road, Llanelli

Wales

£129,995
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1216 sqft

Description

This three-bedroom terraced home presents a solid opportunity for those interested in renovation and investment potential. Located on Tunnel Road in Llanelli, the property offers a blank canvas for modernisation while retaining its character. The ground floor layout includes two reception rooms, providing ample space for living and entertaining. The kitchen extends further with potential for reconfiguration to enhance workflow and functionality. A convenient shower room and separate W.C. are also located on this level. Upstairs, three generously sized double bedrooms offer flexibility in use, whether as family accommodations or guest spaces. Externally, the low-maintenance rear garden features tiered landscaping and includes valuable rear lane access—an asset that could be utilized for future development or further enhancements. The location adds significant value, situated within walking distance of various shops, restaurants, and leisure facilities, along with easy access to the local cinema. Comprehensive road links nearby facilitate access to Trostre and Pemberton Retail Parks for larger shopping needs. Families will appreciate the proximity of multiple schools, including Bigyn Primary School and Stebonheath Community Primary. With no onward chain in place, this property is ready for immediate consideration by investors or homeowners looking to create their own vision in a well-situated area of Llanelli. Viewing is encouraged to fully appreciate the potential this home has to offer.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£107/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
£210,605
10% above area average per sq ft
Potential ROI
+23.9%
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

Tunnel 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