2-bedroom flat · SA15 2GA
Sold STCListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Would you like to wake up to this view every day? I know I would! Chain-free with an added bonus of having mains Gas.
We here at West Wales Properties are excited to show off to all lucky purchasers this two-double-bedroom, first floor apartment situated on the sea-front of the Bwlych Y Gwynt estate with stunning panoramic coastal view!
For those wishing to keep fit by walking, jogging and cycling, the Millennium Coastal Path to Loughor, Gower and Burry Port is literally only metres away from the property. Call us today on .
EPC rating B. Council tax band D. Accommodation comprises a communal hallway leading to the apartment, .
Entrance hall, storage cupboard, bathroom, two double bedrooms both with views and the master has an en-suite shower room, an open-plan lounge/diner/kitchen with a balcony that gives the most impressive panoramic views of the coastline and beach, and an allocated parking space.
Llanelli in Carmarthenshire is on the Loughor estuary on the South Wales coast.
Recent years have seen the docks and landscape around the town regenerated as part of the Millennium Coastal Park project.
Llanelli is known for the wildlife havens of the National Wetlands Centre and Sandy Water Park, Millennium Quays and the Discovery Centre, the Machynys championship golf course, and the Festival Fields.
Agents Viewing Notes *** key information ***Traditionally built apartment block. First-floor flat. Mains water, gas, electricity and sewerage are connected.
Leasehold - 125-year lease commenced 01/01/13 (lease on file), and is available on request. A service charge of £662.42 p/a paid to Remus. Ground rent charge of £400.00 p/a.
The ground rent increases through the term of the lease of £200 every 10 years. A copy of the lease can be supplied with details of the increases.
Covenants, rights and proviso's are listed on the lease. Council tax band D- £2,232. Allocated parking space.. No lift in the apartment block.
For this location, according to Ofcom, this is the following information: Broadband availability- up to Ultrafast (1800 Mbps), Mobile availability- all network networks have variable mobile phone coverage.
From the information currently available to the Coal Authority, a mining report is recommended for this property.
WHAT3WORDS:///sliding.prime.rationed First Floor Entrance Hall Boiler/Storage Cupboard Bathroom Open-Plan Lounge/Diner/Kitchen Bedroom 1 En-Suite Shower Room Bedroom 2
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Flat 5, Wellfield, Bwlch Y Gwynt, Llanelli
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