3-bedroom terraced house · SA15 2RE
Sold STCListed 29 daysAuction 25 Nov · in 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£60,000 For sale by online auction on 25th November at 12:00 and ending on 26th November at 12:00 Kindly visit our website: To register your interest.
All participants are required to pay a holding fee to bid in the online auction, with the winning bidder also paying a deposit of 10% of the final bid; the holding fee of the winning bidder is retained by the auctioneers.
In instances where a property is sold before the auction, no holding fee is necessary, but a buyers' premium is mandatory upon exchange.
The completion will take place 28 days post-exchange unless the contract specifies otherwise. Pre-auction offers are welcomed.
Property Auction Agent is delighted to bring to auction this three-bedroom mid-terrace property, situated in Llanelli.
Offering plenty of potential, the property presents an excellent opportunity for investors, developers and buyers seeking a well-proportioned family home.
The accommodation comprises an entrance hallway, two reception rooms, kitchen, three bedrooms and first-floor family bathroom.
The property retains a number of original features and traditional characteristics, including high ceilings and decorative detailing, adding charm and character throughout.
Externally, the property benefits from an enclosed rear garden, offering excellent outdoor space with scope for landscaping.
Conveniently positioned within easy reach of Llanelli town centre, the property enjoys access to a wide range of local amenities, shops, supermarkets, schools, transport links including Llanelli train station within walking distance, and good access to the M4 corridor.
With spacious accommodation, original features, versatile living accommodation and enclosed rear garden, this property offers an exciting opportunity for purchasers looking to create a comfortable family home or acquire a property with excellent investment potential.
Full description Entrance hallway; - Entered via the front entrance door, with staircase leading to the first floor and access to the ground-floor accommodation.
Reception room one; 4.23m x 3.20m - Featuring a window to the front elevation, decorative coving, traditional alcoves and a radiator.
Reception room two; 3.89m x 3.19m - Generously sized second reception room with a window overlooking the rear garden, radiator and traditional fireplace.
Kitchen; 3.70m x 2.71m - Fitted with a range base units, worktop surfaces, stainless steel sink and drainer, and space for freestanding appliances. Window and door to the side elevation.
First floor landing; - Providing access to all three bedrooms, the family bathroom and the attic hatch. Bedroom one; 4.09m x 3.37m - Double bedroom with a window to the front elevation and radiator.
Bedroom two; 3.57m x 3.04m - Double bedroom with a window overlooking the rear garden and radiator. Bedroom three; 3.01m x 2.08m - Single bedroom with a window to the front elevation.
Family bathroom; 2.76m x 3.83m - Spacious family bathroom fitted with a panelled bath, pedestal wash hand basin and low-level WC.
Two glazed windows providing natural light and radiator and cupboard housing water tank.
Exterior; - The property benefits from an enclosed rear garden, offering a flexible outdoor space, two concrete outbuildings On-street parking to front.
Auction information please note It is the responsibility of all purchasers to conduct their own investigation with regards to all aspects of the property and seek legal advice.
The Legal Pack will be available on our website prior to the auction commencement. The legal pack can be downloaded through Payments To bid online, you will be required to pay a holding fee.
This will only be retained should you be the successful bidder. If you submit a pre-auction offer which is accepted by the vendor, a buyer's premium of £3,495 + VAT will be payable.
To exchange contracts, you will be required to pay a 10% deposit and sign the contract within 24 hours, with completion of the transaction and payment of the remaining balance due within 28 days, unless otherwise formally agreed.
Purchasers should always refer to the contract contained within the Legal Pack for confirmation of the applicable completion terms.
Due to the timescales involved, we strongly recommend ensuring that your finances are in place and that you have sought qualified legal advice prior to bidding or submitting a pre-auction offer.
Accommodation A three-bedroom mid-terraced property offering plenty of potential and spacious living, a generous first-floor bathroom, original character features and a substantial enclosed rear garden.
An excellent opportunity for investors or buyers looking to create a family home.
Location Situated on High Street, Llanelli, the property is conveniently located within easy reach of the town centre, local shops, schools, supermarkets and transport links, including Llanelli railway station and access to the M4 corridor.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 42, High Street, Llanelli
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