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Heol Y Meinciau, Pontyates, SA15

Wales

£230,000
Listed on 29/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
990 sqft

Description

This traditional cottage, one of the earliest properties in the village and previously a village inn, presents a unique opportunity for renovation and investment. While it is currently well-maintained, the property requires modern updates to fully realize its potential. The generous garden spans approximately 0.41 acres, featuring a stream that adds charm and could also offer future development possibilities, subject to planning permissions. Internally, the cottage includes double glazing and oil central heating, alongside a woodburner for warmth. It boasts two living areas—one convertible into a third bedroom—and a functional kitchen with essential amenities. The downstairs shower/utility room is equipped with an oil boiler and plumbing for a washing machine. Additionally, there are outbuildings that could be transformed into workshops or other uses, pending planning approval. Ideally situated in Pontyates, close to local amenities and transport links between Carmarthen and Llanelli, this property offers both character and substantial scope for enhancement.

Investment Analysis

(SA15 area)

Above Market Value

This property is priced +41.7% above area average per sq ft

+41.7%
This Property
£232/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£178,596
10% above area average per sq ft
Potential ROI
-36.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SA15)

Area prices are rising by +8.4% over the last 12 months
3 year growth: +7.6%
5 year growth: +34.1%
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

Heol Y Meinciau, Pontyates, SA15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£821
Based on a loan of £172,500 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

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