Summary - 12 Gilbert Road SA15 3PU
3 bed 2 bath End of Terrace
Immediate rental income from two flats with rare off-street parking..
- Two self-contained units: 1-bed flat + 2-bed maisonette
A practical investment in central Llanelli, offered freehold with tenants in situ. The building is arranged as two self-contained units: a ground-floor one-bedroom flat and a two-bedroom first-floor maisonette, providing immediate rental income and separate access for both properties. Off-street parking for both flats is an uncommon local advantage.
The property is compact (approximately 646 sq ft total) and was constructed c.1900–1929 with granite/whinstone walls (assumed uninsulated) and double glazing installed after 2002. Heating is gas-fired via a boiler and radiators; the EPC rating is C. Broadband speeds are very slow locally, and the area records above-average crime and high levels of deprivation — factors that affect tenant mix and long-term demand.
This is a clear buy-to-let opportunity for an investor comfortable managing tenants and planning modest refurbishment. There is visible scope to improve energy performance (wall insulation suspected absent) and modernise internal finishes to lift rents and capital value. Buyers should allow for patch repairs, potential internal upgrades and factor the local market conditions into yield expectations.
Important practical notes: sale includes tenants in situ, very slow broadband, small overall plot and property size, and council tax in a low band. The location provides quick access to Llanelli town centre, retail parks and the A484/M4 corridor, supporting rental demand from commuters and local workers.
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