Calow Evans says ..
Outline planning permission currently lapsed planning ref E/40598 for one dwelling situated on a private road in the village of Penygroes enjoying lovely views. The village of Penygroes offers basic amenities with out of town retailers located at Cross Hands business park. Ease of...
Property Oracle says ..
This listing from Calow Evans presents a plot of land in Penygroes, Llanelli, with lapsed planning permission for a single dwelling. The location is generally convenient for basic amenities and schooling, with nearby transportation links enhancing accessibility. The significant variable is the land’s size and the viability of constructing a property on it given the lapsed planning permission. Obtaining updated planning permission will incur costs. Therefore a comprehensive assessment requires detailed information about the plot’s size, soil conditions, any potential environmental constraints, and the likelihood of securing new planning permission. The £95,000 list price should be critically evaluated against the total development costs and comparable property prices (including land cost and building work) in the surrounding area before making a final judgement on its value. The absence of sqft and plot size information significantly hinders a complete valuation. The nearby property prices show a significant variation, reflecting the heterogeneity of the market and the need for more specific property details to provide a meaningful appraisal.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 1
- Location
- 6
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 310,998.00 £Decreased by 1.08 %
- Average area rental value
- 1,363.00 £/moIncreased by 13.58 %
- Est rental Yield
- 5.26 %Increased by 14.85 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Calow Evans created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Penygroes C.P. School | Welsh Establishment | 0.09 KM | |
| Ysgol Gynradd Saron | Welsh Establishment | 2.03 KM | |
| Ysgol Gynradd Gorslas | Welsh Establishment | 2.66 KM | |
| Ysgol Gynradd Blaenau | Welsh Establishment | 2.92 KM | |
| Ysgol Gynradd Tycroes | Welsh Establishment | 4.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Llys Y Bugail | £ 175,000 | 0 | 0.00 KM |
| Blaenau Road | £ 0 | 0 | 0.00 KM |
| Waterloo Road | £ 184,988 | 0 | 0.00 KM |
| Blacklion Road | £ 0 | 0 | 0.00 KM |
| Llwyn Celyn | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Llandybie | 4247 | LLI | 5.46 KM |
| Ammanford | 4236 | AMF | 5.78 KM |
| Pantyffynnon | 4250 | PTF | 6.19 KM |
| Pontarddulais | 4251 | PTD | 9.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Penygroes, Llanelli, SA14 7PH | £ 95,000 | BUY | 4 / 10 | 0.00 KM |
| Bryn Road, Penygroes, Llanelli | £ 155,000 | BUY | 6 / 10 | 0.13 KM |
| Bryn Road, Penygroes, Cross Hands, Carmarthenshire, SA14 | £ 185,000 | BUY | 6 / 10 | 0.13 KM |
| Bryn Road, Penygroes | £ 170,000 | BUY | 6 / 10 | 0.13 KM |
| Waterloo Road, Penygroes, Llanelli | £ 230,000 | BUY | Unknown | 0.37 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Caerbryn Road | £ 51,000 | 0.01 KM |
| 13 Caerbryn Road | £ 119,500 | 0.01 KM |
| Erwain | £ 310,000 | 0.05 KM |
| Awelon | £ 216,000 | 0.05 KM |
| 7 Caerbryn Road | £ 69,950 | 0.05 KM |