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Gate Road, Penygroes, Llanelli, SA14 7RL - Image 1
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Gate Road, Penygroes, Llanelli, SA14 7RL

Wales

£25,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached house presents a substantial renovation opportunity, offered for sale by auction. The property is in a severely neglected state and requires extensive refurbishment and modernization throughout. With significant investment needed to bring it to a habitable standard, this is an ideal project for builders, developers, or experienced renovators. Prospective buyers are strongly encouraged to conduct thorough inspections prior to bidding, as the property will be sold as seen. The auction is set for 28th October 2026, with a guide price of £25,000 to £30,000 plus fees.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom semi-detached house presents an opportunity for those looking for a substantial renovation project. While the property is currently in a severely neglected state with extensive clutter and damage visible throughout, it offers a blank canvas for buyers willing to invest in its restoration. The garden is overgrown, and both the kitchen and bathroom show signs of disrepair, but these areas can be transformed into appealing spaces with the right vision and investment.

The guide price of £25,000 - £30,000 is attractive, especially considering that floor area details are missing, making it impossible to gauge the value against local averages. However, potential bidders should be aware that extensive renovation is required, with an estimated budget of £100,000 - £200,000 to bring the property up to a habitable standard. This project is not for the faint-hearted, but with significant investment, it could yield considerable value increase post-renovation.

Key opportunities

  • Transform the cluttered and damaged living space into a modern and inviting area.
  • Revamp the kitchen and bathroom into contemporary fixtures and finishes.
  • Clear and redesign the overgrown garden into a usable outdoor space.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
  • Severe neglect may lead to unforeseen costs during the renovation process.

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Map

Location

Gate Road, Penygroes, Llanelli, SA14 7RL
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£94
Based on a loan of £18,750 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.

Tax

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