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Tunnel Road, Llanelli

Wales

£119,995

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1050 sqft

Description

This end-terrace three-bedroom property presents a significant renovation opportunity in Llanelli. While it currently requires extensive modernization, its layout and location make it an appealing investment for buyers seeking a project with potential upside. The ground floor comprises an entrance hallway leading to a bright front living room that connects with a spacious second reception area, featuring sliding doors that access the rear garden. The adjoining kitchen diner is equipped with basic units but will need updating to meet contemporary standards. On the first floor, you'll find three good-sized bedrooms and a family bathroom, all of which are in need of renovation. Outside, the property boasts a small courtyard garden at the front and an enclosed rear garden that combines patio and lawn sections, complemented by mature greenery and includes useful outbuildings such as a wooden shed and greenhouse. Located conveniently close to Llanelli town centre, residents can take advantage of local shops, supermarkets, dining options, and essential transport links via Llanelli train station. Families will appreciate proximity to well-regarded schools and access to leisure areas such as the Millennium Coastal Path. With no onward chain, this property represents an enticing chance for those looking to create their ideal home or a profitable rental asset.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -31.7% below area average per sq ft

-31.7%
Potential saving
This Property
£114/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£193,116
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SA15)

Area prices are rising by +9.8% over the last 12 months
3 year growth: +7.6%
5 year growth: +34.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £89,996 over 30 years at 4.45% 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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