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Coldstream Street, Llanelli SA15

Wales

£124,995
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1528 sqft

Description

This semi-detached property presents an interesting project for investors or homebuyers seeking a renovation opportunity. Situated in Llanelli, the house is currently in need of comprehensive updating but has significant potential for transformation. The property features two spacious bedrooms and includes a planning application that has been submitted to convert it into two separate two-bedroom flats, maximizing its investment appeal. The shared garden offers outdoor space that could be utilized effectively by future tenants or owners of the flats. Location-wise, this home benefits from its proximity to Llanelli Town Centre, which hosts a variety of amenities including shops and local schools, making it an attractive spot for renters or families. The area is well-connected, providing easy access to transport links as well. Inside, the entrance vestibule greets you with original tiled flooring leading into a hallway that retains charming period details. The first reception room boasts a bay window and a stone fireplace, serving as a focal point for the living space. A second reception room also features a stone fireplace and multiple windows that allow natural light to filter through. The kitchen offers base units with worktops and sufficient space for essential appliances. The property’s layout also includes ample storage options, which can be reconfigured during renovations to enhance functionality. On the upper floors, both bedrooms are generously sized and feature front-facing windows that capture light throughout the day. The bathroom contains standard fittings including a W/C and shower cubicle, although it would benefit from modern updates. An attic room adds further potential; this versatile space could be transformed into additional living areas or storage depending on your vision for the property. With no onward chain, early interest is expected from those looking to explore its full range of possibilities. This property is not just a house; it's an opportunity waiting to be fully realized.

Investment Analysis

(SA15 area)

Below Market Value

This property is priced -47.8% below area average per sq ft

-47.8%
Potential saving
This Property
£82/sq ft
Area Average
£157/sq ft
Avg Rent (weekly)
£186
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£12,500 - £31,249
10-25% of property value
Target Value
£263,213
10% above area average per sq ft
Potential ROI
+68.5%
After renovation
Monthly Sales
27
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SA15)

Area prices are rising by +8.6% over the last 12 months
3 year growth: 9.1%
5 year growth: 38.2%
Investment Disclaimer: Analysis based on SA15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Coldstream Street, Llanelli SA15
Map showing location of Coldstream Street, Llanelli SA15
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