4 Marble Terrace, Llandysul

Description

Situated on Marble Terrace, close to the amenities available in Llandysul Town Centre. A Terrace House requiring modernisation with accommodation arranged on Three Floors comprising: Top Floor: Attic Room. First Floor: Bedroom (One), Bedroom (Two), Bathroom/WC. Ground Floor: Entrance Hall, Living Room, Kitchen/Diner. Cellar. Garden at Rear.

Accommodation

Top Floor: Attic Room; First Floor: Bedroom (One), Bedroom (Two), Bathroom/WC; Ground Floor: Entrance Hall, Living Room, Kitchen/Diner; Cellar; Garden at Rear.

Location

Situated on Marble Terrace, close to the amenities available in Llandysul Town Centre.

Tenure / Property Information

Investment Analysis

The best evidence is 5 Marble Terrace, a same-street freehold terrace sold for £105,000 in January 2024. Other same-street sales were £110,000 in 2020 and £70,000 in 2016, but condition and market timing are not provided. A cautious base GDV of £105,000 is used, with a limited evidence-based range of £105,000–£110,000. The subject property requires modernisation, so this should not be treated as a formal valuation.

Investment Snapshot

Strategy Recommendation

Potential refurbishment-led purchase, but proceed only after a full inspection, contractor costing and review of the special conditions. Do not rely on the guide price or headline GDV alone.

Works Required

Modernisation of the three-floor terrace house, including review and upgrading of the existing accommodation, kitchen, bathroom, finishes and EPC-related items where required. The evidence does not provide enough detail to specify defects or quantify the works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £20,000 guide, the purchase price is substantially below the indicated same-street sales evidence. However, refurbishment costs, finance costs and a reliable post-works rent are unavailable. A 75% refinance of the £105,000 base GDV would be £78,750, but cash left in cannot be calculated without total project costs.

Buy-to-Let Analysis

The supplied £750 pcm rent is an advertised asking rent for a different location, not Llandysul, so a reliable subject-property rent cannot be established. BTL yield cannot therefore be calculated. Vacant possession and the need for modernisation may delay letting.

Flip Analysis

The evidence indicates a potential resale value around £105,000–£110,000, but no refurbishment allowance, selling allowance or complete project cost is supported. Flip surplus and a reliable maximum bid cannot therefore be calculated.

Investor Risks & Due Diligence

• The property is explicitly described as requiring modernisation, but the extent and cost of works are unknown.

• The comparable sales do not provide condition, size or specification details and may not be directly equivalent.

• The available rental evidence is for a different location and is only an advertised asking rent.

• Additional seller fees may be payable under the special conditions but are not quantified.

• EPC rating E may require improvement depending on the intended letting strategy and applicable requirements.

Recommendation

Potential refurbishment-led purchase, but proceed only after a full inspection, contractor costing and review of the special conditions. Do not rely on the guide price or headline GDV alone.

Strategy Rating

Analysis Confidence

There is useful same-street completed-sales evidence and a stated guide price, but condition details, refurbishment costs, local rental evidence, selling costs and any additional seller fees are unavailable.