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Llysonnen Road, Carmarthen, SA33

Wales

£685,000

Listed on 09/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1841 sqft

Description

Nestled in the serene Carmarthenshire valley, this mid-19th century former watermill estate offers an exceptional opportunity for nature enthusiasts and investors alike. Ricketts Mill boasts a striking 9-acre wildlife reserve that has been cultivated into a thriving ecosystem, complete with lakes, reed beds, and habitats home to diverse wildlife including European beavers and kingfishers. The main residence is a spacious and character-rich 4-bedroom detached home featuring a modern bespoke kitchen/dining area and multiple flexible living spaces. Beyond its residential charm, the property presents substantial potential for commercial development. The adjacent former mill site houses historical stone remains that could be transformed into additional accommodation or creative workspaces, pending planning permission. Additionally, a repairable hay barn on-site complements the property’s offering as an ideal site for alternative leisure pursuits or agricultural use. With convenient access to Carmarthen and the stunning Pembrokeshire coast nearby, Ricketts Mill is not only a tranquil retreat but also a canvas ripe for restoration and entrepreneurial ventures.

Investment Analysis

(SA33 area)

Above Market Value

This property is priced +62.1% above area average per sq ft

+62.1%
This Property
£372/sq ft
Area Average
£230/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£464,862
10% above area average per sq ft
Potential ROI
-42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (SA33)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -17.9%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on SA33 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

Llysonnen Road, Carmarthen, SA33
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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
£2,588
Based on a loan of £513,750 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.

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