In a remarkable real estate opportunity, a three-bedroom semi-detached house in the picturesque village of Pontyates, Carmarthenshire, is being sold for the astonishing price of a decent second-hand car. With a guide price of just £12,000, this property presents a rare chance for buyers seeking an affordable entry into the housing market.
An Unbeatable Deal in the Gwendraeth Valley
Located in the scenic Gwendraeth valley, this home is listed with Paul Fosh Auctions and is described as being in a "liveable condition", ready for immediate occupancy. Sean Roper of Paul Fosh Auctions highlights that it offers a "fantastic opportunity" for first-time buyers, families, or investors looking for a property with significant potential.
Property Features and Amenities
The house boasts several attractive features that make it stand out at such a low price point:
- Three large double bedrooms, providing ample space for a family.
- A lounge, dining room, kitchen, and utility area, all in good condition.
- A spacious basement with two rooms, ideal for storage or potential conversion into an annex.
- High ceilings and original character details throughout the property.
- A brand-new kitchen, adding modern convenience to the home.
- Convenient rear access from the basement to the outdoors.
Additionally, the property benefits from good outdoor space and parking just outside the front door, enhancing its appeal for those who value privacy and practicality.
Prime Location and Rental Potential
Strategically situated, the house is close to local amenities, schools, and transport links, while also offering easy access to larger towns like Llanelli and Carmarthen. Mr Roper notes that with minor updates such as new carpets and redecoration, the property could fetch rental incomes of £895 to £995 per calendar month in the current market.
Its proximity to Llanelli town centre—just a 14-minute drive away—and Carmarthen—17 minutes by car—makes it an attractive option for commuters or those seeking a balance between rural tranquility and urban convenience.
Auction Details and Market Context
The property will be sold with vacant possession in the upcoming Paul Fosh Auctions sale, which starts at 12pm on Tuesday, February 3, and concludes at 5pm on Thursday, February 5. This auction will feature over 90 other lots, but this three-bedroom house is expected to draw significant attention due to its unique value proposition.
In a housing market where prices often soar beyond reach, this listing underscores the ongoing challenges of affordability in the UK. However, it also highlights niche opportunities for savvy buyers willing to explore auction properties in less urbanised areas.
For those considering a purchase, the combination of low upfront cost, liveable condition, and strong rental yield potential makes this Pontyates home a compelling investment or a stepping stone into homeownership.
