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Tunnel Road, Llanelli

Wales

£119,995
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1216 sqft

Description

This three-bedroom terraced home in Llanelli presents an exciting opportunity for those looking to invest in a renovation project. The property comprises two reception rooms, a kitchen, a shower room, and a separate W.C. on the ground floor, while the upper level houses three generously sized double bedrooms. The enclosed rear garden is tiered and low-maintenance, complete with rear lane access—a valuable feature for potential improvements or extensions. Located conveniently near a range of shopping options, dining venues, leisure facilities, and schools like Bigyn and Coedcae, this property has great potential to be transformed into a modern family home. Its no-chain status allows for swift transactions for eager renovators.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£99/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£220,771
10% above area average per sq ft
Potential ROI
+42.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SA15)

Area prices are rising by +7.6% over the last 12 months
3 year growth: +7.1%
5 year growth: +35.8%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £89,996 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.

Stamp Duty Calculator

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