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Richmond Terrace, Carmarthen SA31 - Image 1
Richmond Terrace, Carmarthen SA31 - Image 2
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Richmond Terrace, Carmarthen SA31

Wales

£185,000
Listed on 17/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terraced townhouse features four bedrooms and three reception areas, presenting a promising opportunity for renovation and investment. The property's bay-fronted design offers ample natural light and potential character enhancements. A garage at the rear adds convenience, alongside off-street parking that can be valuable in a busy area. Located within a short, level walk to 'St. Catherine’s Walk' Shopping Precinct, residents will benefit from easy access to various retail options and essential services in the heart of Carmarthen, a county market town. Additionally, the home is near 'Richmond Park Primary School' and within walking distance of 'Glangwili General Hospital,' making it appealing for families and professionals alike. Upon entering, you are welcomed by a vestibule hall leading into a reception area with under-stairs storage and access to the first floor. The living spaces include a sitting room with a classic tiled fireplace, two additional reception rooms offering flexibility for dining or relaxation, and a kitchen equipped with fitted units and utility provisions. The bedrooms upstairs boast generous dimensions, with several featuring built-in storage options. There are also two bathrooms—ideal for accommodating family needs or guests—though both would benefit from modern updates. Externally, the property includes a gated forecourt as well as an inner courtyard that leads to the service lane at the back. The garage is particularly noteworthy; with power and lighting installed, it allows for potential use as workshop space or additional storage. Given its central location and inherent structural potential, this property is ripe for modernization efforts that could significantly enhance its value. Whether you're looking for a family home to customize or an investment project with long-term gains, this townhouse represents an opportunity worth considering.

Investment Analysis

(SA31 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£183
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SA31)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 7.2%
5 year growth: 25.0%
Investment Disclaimer: Analysis based on SA31 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

Richmond Terrace, Carmarthen SA31
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE