3-bedroom bungalow · SA14 7LF
For saleListed 34 daysAuction 25 Nov · in 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£195,000 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 are delighted to offer to market this three-bedroom detached bungalow, situated in the popular village of Gorslas, Llanelli.
Occupying a generous plot of approximately 0.17 acres, the property offers versatile accommodation together with extensive off-road parking, a detached garage, substantial front and rear gardens, an additional double-glazed outbuilding and a concrete-built shed, .
The property benefits from a number of attractive features including solar panels, an air source heat pump and a log burner, while offering excellent scope for a purchaser to personalise and enhance the accommodation to their own taste.
With its substantial plot, established residential setting and flexible accommodation, the property is likely to appeal to a wide range of purchasers including owner-occupiers, downsizers and investors alike.
Gorslas offers a good range of local amenities, with primary and secondary schools nearby and shopping and leisure facilities at Cross Hands within easy reach.
The location also provides convenient access to the A48 and onward M4 network, offering good road connections to Llanelli, Carmarthen, Swansea and the surrounding areas.
This represents an excellent opportunity to acquire a detached bungalow in a popular and well-connected location. Full description Porchway; - Entered via a PVC entrance door into porch.
Storage cupboard housing the consumer unit.
Doors leading to; reception room; 5.12m x 3.67m - Spacious reception room featuring a log burner set within an attractive stone-clad feature fireplace and hearth.
Radiator to wall and window to front aspect. Door leading through to the inner hallway. Kitchen; 3.60m x 2.67m - Fitted with a range of wall and base units with complementary work surfaces.
Integrated oven/hob and fridge freezer and sink and drainer. Window to side aspect and PVC door leading to driveway and gardens.
Bedroom one; 2.99m x 3.60m - Double bedroom with radiator to wall and window to rear. Bedroom two; 2.80m x 2.63m - Bedroom with radiator to wall and window to rear.
Bedroom three; 2.70m x 2.95m - Bedroom with radiator to wall and window to side aspect.
Bathroom; 1.69m x 2.99m - Fitted with a four-piece bathroom suite comprising corner bath, wash hand basin, WC and bidet. Radiator to wall and obscure glazed window to side aspect.
Exterior; - Generous front and rear gardens with established planting and driveway providing off-road parking for approximately three to four vehicles.
To the rear are a concrete-built shed/workshop, additional storage building and double-glazed outbuilding, ideal as a home office, hobby room or sunroom.
Garage; - Detached garage accessed via the driveway.
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.
Inner hallway; - Providing access to the bedrooms and bathroom. Airing cupboard housing the air source heat pump system and access to the attic.
Accommodation A versatile three-bedroom detached bungalow offering spacious gardens, extensive off-road parking and plenty of potential.
Location Gorslas offers a good range of local amenities, with primary and secondary schoos nearby and shopping and leisure facilities at Cross Hands within easy reach.
The location also provides convenient access to the A48 and onward M4 network, offering good road connections toLlanelli, Carmarthen, Swansea and the surrounding areas.
This represents an excellent opportunity to acquire a detached bungalow in a popular and well-connected location.
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 74, Grovehill Park, Llanelli
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