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5, Murray Street, Llanelli, Carmarthenshire SA15 1AQ - Image 1
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5, Murray Street, Llanelli, Carmarthenshire SA15 1AQ

Wales

£69,000

Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This substantial terraced commercial property in Llanelli presents an intriguing opportunity for renovation and redevelopment. Located on Murray Street, a vibrant mixed-use area with increasing residential interest, the property stands out due to its significant potential for conversion, possibly into residential flats or HMO use (subject to necessary planning approvals). Previously operating as a solicitors’ office, the building spans three floors and retains a good standard of finish with polished wooden flooring and recently updated decor. It features essential systems such as a fire alarm and burglar alarm throughout, ensuring safety for future occupants. The ground floor provides multiple reception rooms, a staff area, and facilities, while the upper levels offer several rooms suitable for various uses. The property benefits from its central location and is positioned within a street that has seen successful transformations into residential spaces. For an owner-occupier or investor looking to capitalize on the growing demand for residential conversions in the area, this property offers both flexibility and potential profit. There are approximately 10 years remaining on the current leasehold, with provisions in place for an extension upon completion. Given its previous usage and condition, along with strong local demand trends, this property is a notable prospect for those looking to invest in Llanelli's evolving landscape.

Investment Analysis

(SA15 area)
Area Average
£164/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

5, Murray Street, Llanelli, Carmarthenshire SA15 1AQ
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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
£246
Based on a loan of £51,750 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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