Llangadog, Carmarthenshire.

Wales

£63,000

Listed on 30/12/2022

Property Details

Bedrooms

N/A

Type

Plot

Description

This property presents a promising opportunity for investment, offering outline planning permission from Carmarthenshire County Council for the demolition of existing corrugated steel structures and the construction of a new dwelling. The authorization, referenced under E/37811 on April 11, 2019, enables the development potential that can be pursued further with the necessary plans available through the listing agents. Located near the heart of Llangadog village, residents will enjoy access to a variety of local amenities including shops, public houses, a primary school, and healthcare services. Essential main services are also situated nearby, making this plot ripe for development. Notably, the land currently holds possessory title; however, vendors are prepared to secure indemnity insurance prior to completion. This is an exciting chance to capitalize on a site ready for transformation.

Investment Analysis

(SA19 area)

Area Average

£229/sq ft

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £50,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (SA19)

Area prices are falling by -10.5% over the last 12 months

3 year growth: -13.2%

5 year growth: +10.0%

Investment Disclaimer: Analysis based on SA19 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

Llangadog, Carmarthenshire.

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£225

Based on a loan of £47,250 over 30 years at 3.97% 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

This calculation uses non-residential (land/commercial) tax rates.

Price History

-10.0% since listed

£63,000£6,995(-10.0%)

01/12/2024

Current price

£69,995Initial listing

30/12/2022

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