Pontyates, Llanelli, Carmarthenshire, SA15
By John Francis
£ 375,000
Reviews
2 out of 5 stars
John Francis says ..
An exciting opportunity to purchase a 3.7 acre improvable smallholding in a quiet position situated on a lane off Heol Y Meinciau, Pontyates. The bungalow was formally one 4 bedroom residence but has been split in two self-contained units each with 2 bedrooms, living rooms, bathrooms and kitchens...
Property Oracle says ..
The property is located in Pontyates, Llanelli, a village in Carmarthenshire, Wales. The area benefits from relatively close proximity to Gwynfryn CP School (0.58km) and Pontyates CP School (1.44km), making it potentially attractive to families. The presence of Pembrey and Burry Port train station (9.09km) offers a transportation link, although the distance might be a factor for some. The provided images show the property is surrounded by a significant amount of land, which could be a desirable feature for some buyers. However, the property itself appears to be in need of significant modernisation and updating. The kitchen and bathrooms, in particular, show signs of age and require refurbishment. The exterior also shows signs of neglect, with overgrown areas and what appears to be disrepair to some outbuildings. The list price of £375,000 needs to be considered in relation to comparable properties in the area. While the average price for Rhas Cottages is listed as £240,000, the lack of average price per square foot data for the street and surrounding areas makes a definitive price comparison difficult. The substantial land area associated with the property may justify a higher price compared to other properties in the immediate vicinity, but the condition of the property will likely require significant investment, which should be factored into any valuation. A full survey and professional valuation would be necessary to determine a fair market price.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 4
- Location
- 6
- Land
- 8
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 1,388.65
- Lot (est)
- 1,692.09
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 310,998.00 £Decreased by 1.08 %
- Est sale value
- 463,809.10 £Increased by 16.78 %
- Average area rental value
- 1,363.00 £/moIncreased by 13.58 %
- Est letting value
- 1,388.65 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.26 %Increased by 14.85 %
- Crime Rate
- 0.00 %
Agent Activity
John Francis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Gwynfryn Cp School | Welsh Establishment | 0.58 KM | |
| Pontyates C.P. School | Welsh Establishment | 1.44 KM | |
| Ysgol Gynradd Ponthenri | Welsh Establishment | 1.67 KM | |
| Carway C.P. School | Welsh Establishment | 2.79 KM | |
| Ysgol Gynradd Bancffosfelen | Welsh Establishment | 4.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rhas Cottages | £ 240,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pembrey And Burry Port | 4140 | PBY | 9.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Heol Y Meinciau, Pontyates, Llanelli, Carmarthenshire, SA15 | £ 370,000 | BUY | 6 / 10 | 0.33 KM |
| Heol Y Meinciau, Pontyates | £ 385,000 | BUY | 7 / 10 | 0.38 KM |
| Heol Y Meinciau, Pontyates | £ 395,000 | BUY | 7 / 10 | 0.38 KM |
| Heol Y Meinciau, Pontyates, Llanelli | £ 299,995 | BUY | 6 / 10 | 0.38 KM |
| Heol Y Meinciau, Pontyates | £ 295,000 | BUY | 7 / 10 | 0.38 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 99 Heol Y Meinciau | £ 195,000 | 0.37 KM |
| 91 Heol Y Meinciau | £ 80,000 | 0.37 KM |
| 97a Heol Y Meinciau | £ 256,000 | 0.37 KM |
| 81 Heol Y Meinciau | £ 80,000 | 0.37 KM |
| 111a Heol Y Meinciau | £ 108,500 | 0.38 KM |