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Bassett Terrace, Llanelli, Carmarthenshire, SA15

Wales

£140,000

Listed on 01/06/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1015 sqft

Description

This four-bedroom mid-terrace property presents a noteworthy opportunity for both first-time buyers and investors looking to capitalize on its renovation potential. The inclusion of additional land enhances its appeal, offering off-street parking and the possibility for future development, subject to necessary approvals. The layout is functional, comprising a well-sized lounge and a separate dining room on the ground floor, complemented by a fitted kitchen that connects to a versatile lean-to space. Upstairs, there are two double bedrooms along with two more bedrooms and a family bathroom. Each room's layout allows for thoughtful reconfiguration to maximize space and light. Externally, the property features an enclosed rear garden designed for outdoor relaxation and entertainment, complete with decking and lawn areas. Rear lane access makes it convenient for vehicles and opens up possibilities for transforming the additional land into garages or storage facilities. While the property requires some refurbishment to reach its full potential, it stands as an excellent canvas for creating a contemporary home tailored to modern living standards. Viewings are encouraged to fully grasp the possibilities this property has to offer in a desirable coastal location near local amenities and transport links.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£138/sq ft
Area Average
£167/sq ft
Avg Rent (weekly)
£182
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£186,679
10% above area average per sq ft
Potential ROI
+3.7%
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

Bassett Terrace, Llanelli, Carmarthenshire, SA15
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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
£529
Based on a loan of £105,000 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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