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Mynyddcerrig, Llanelli, Llanelli, Dyfed

Wales

£295,000
Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1013 sqft

Description

This delightful three-bedroom stone cottage is nestled in a tranquil rural village, providing ample space and character. The property's expansive layout includes a prominent living room with exposed beams and a multi-fuel stove, ideal for creating an inviting atmosphere, perfect for family gatherings or entertaining guests. The functional kitchen, equipped with various units and additional cooking areas, caters well to everyday needs. Complemented by a separate utility room that grants access to the rear garden, this setup ensures practicality for family life. The ground floor also features a modern shower room, enhancing flexibility for visitors or accommodating multi-generational living. Upstairs, you will find three well-proportioned bedrooms; a notably spacious principal room alongside two versatile rooms suitable for children or home office use. A family bathroom featuring a three-piece suite completes the upper level. Externally, the property boasts generous lawned gardens perfect for relaxation or recreation, complemented by mature planting ensuring privacy. A pond feature adds charm to the outdoor setting while off-road parking and a detached garage fulfill practical requirements. The surrounding countryside invites outdoor activities such as walking and exploring nature, while nearby towns offer essential amenities including shops and schools—striking an excellent balance between peaceful living and convenient access to necessary services. With its existing charm and potential for enhancement throughout, this cottage presents an exceptional opportunity for renovation that could elevate its character further whilst maximizing its investment potential in a desirable location.

Investment Analysis

(SA15 area)

Above Market Value

This property is priced +77.6% above area average per sq ft

+77.6%
This Property
£291/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£182,745
10% above area average per sq ft
Potential ROI
-45.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Mynyddcerrig, Llanelli, Llanelli, Dyfed
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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
£1,052
Based on a loan of £221,250 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

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