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See how verdicts work3-bedroom terraced house · SA31 1HE
Listing removedListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within easy walking distance of Carmarthen town centre, this three-bedroom property offers an excellent refurbishment opportunity for investors or buyers looking to create a home with added value.
Benefitting from rear parking for two vehicles and available with no onward chain, the property has already seen some improvements by the current owner, including fresh plastering in parts and the installation of a new staircase.
The ground floor comprises an open-plan living and dining area, a kitchen/breakfast room, and a bathroom. Upstairs, the first floor offers three bedrooms.
Externally, the property features an enclosed, low-maintenance rear garden with gated access to the parking area.
Further benefits include gas central heating, making this an ideal family home or buy-to-let investment opportunity.
Situated in the heart of West Wales, Carmarthen offers an excellent range of amenities and transport links, making it a popular location for families, professionals and retirees alike.
The town benefits from easy access to the A40 and A48, providing convenient road connections to Swansea, Pembrokeshire and the M4 corridor.
Carmarthen bus station and rail station offer regular services to local towns and major cities.
The town boasts a wide selection of shops, supermarkets, cafés and restaurants, together with leisure facilities and both primary and secondary schools.
Healthcare needs are well catered for with Glangwili General Hospital located on the edge of town.
Combining modern convenience with historic charm, Carmarthen remains one of the region’s most desirable market towns.
EER rating 59 D Council tax band D Freehold Services We are advised that mains water, gas, electricity and drainage are connected.
Auctioneers Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
Additional Auctioneer Comments The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About Richmond Terrace, Carmarthen, Carmarthenshire, SA31
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