Sold End of terrace

31 SPILMAN STREET

CARMARTHEN, CARMARTHENSHIRE SA31 1LQ

3 beds 1 baths Listed 23 Apr 2025 (-453d)

£115,000

Offers in Region of

Reduced on 4 Jun 2026

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Property details

Tenure

FREEHOLD

Council tax band

B

Last sold

£105,000 Jan 2023

Local average

£176,600 (-34.9%)

Street crime

196 incidents within 1 mile (May 2026)

Additional details

Garden
Yes

Description

Nestled in the heart of Carmarthen Town Centre on Spilman Street, this charming 3-bedroom end of terrace house is a true gem waiting to be discovered. Boasting a well-presented interior, this property is perfect for first-time buyers looking to step onto the property ladder or savvy investors seeking a lucrative opportunity.

With the convenience of gas central heating and UPVC double glazing, this home offers not only comfort but also efficiency. Imagine coming home to a cosy living space after a long day, knowing that you are surrounded by the warmth of modern amenities.

Located just a short stroll away from a plethora of shopping outlets and everyday conveniences, this property truly embodies the essence of urban living with everything you need right at your doorstep. Whether you're looking to indulge in retail therapy or simply enjoy a leisurely walk in the town centre, this location offers the best of both worlds.

Don't miss out on the chance to make this house your home sweet home or add it to your investment portfolio. The possibilities are endless with this property, and the decision to make it yours could be the best one yet. Book a viewing today and step into the future with this delightful Carmarthen abode on Spilman Street.

Ground Floor - Situated on the periphery of Carmarthen Town Centre this well presented, end of terrace property offers good sized accommodation.

Hallway - uPVC double glazed entrance door through to Lounge.

Lounge - 4.93m x 3.07m (16'2" x 10'0") - Staircase to first floor. Feature fireplace with marble hearth, surround and mantle over. Two uPVC double glazed windows to fore. Two radiators with grilles. Under stair storage cupboard. Door through to kitchen/diner.

Kitchen/Diner - 5.82m x 2.01m (19'1" x 6'7") - A range of base and eye level units with worksurface over the base unit incorporating a 1½ bowl sink. Plumbing for washing machine. Space for a cooker. Obscured uPVC double glazed window to side and obscured uPVC double glazed window to rear. Door to back yard.

First Floor Landing Area - Having access to loft space

Bedroom 1 - 3.23m x 3.0m (10'7" x 9'10") - Tilt and turn uPVC double glazed window to fore. Radiator with grilles.

Bedroom 2 - 4.60m x 2.44m (15'1" x 8'0") - Tilt and turn uPVC double glazed window to fore. Radiator with grilles. Fitted wardrobe with over head storage cupboard.

Bedroom 3 - 2.36m x 1.93m (7'8" x 6'3") - Tilt and turn uPVC double glazed window to rear. Radiator with grilles.

Bathroom - Three-piece suite comprising shower cubicle a vanity wash hand basin & WC. A chrome ladder towel radiator. Vanity storage unit. Gas Boiler which serves the central heating system and heats the domestic water. uPVC double glazed door to side which leads out to an elevated patio area.

Externally - To the rear of the kitchen there is a small yard. There is also a store shed (3.05m x 1.52m) which houses an outside WC.

Services - Mains Electricity, Gas, Water and Drainage

Listed by

Carmarthen

Terry Thomas & Co LTD

Reference: 161002487

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

31 Spilman Street.jpg

31 Spilman Street.jpg

EPC Graphs

EE Rating

EE Rating

Price history

22% since 2020

Event Date Price % change
Sold 25/01/2023 (3 years ago) £105,000 +22.1%
Sold 17/12/2020 (5 years ago) £86,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
20 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £130,000 13/07/2023 Terraced
28 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £98,500 15/11/2022 Terraced
5 PARADE ROAD, CARMARTHEN, CARMARTHENSHIRE, SA31 1LL £146,500 24/10/2022 Terraced
10 PARADE ROAD, CARMARTHEN, CARMARTHENSHIRE, SA31 1LL £42,500 04/10/2022 Terraced
Same street 27 SPILMAN STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1LQ £132,000 22/07/2022 Terraced
3 PARADE ROAD, CARMARTHEN, CARMARTHENSHIRE, SA31 1LL £145,000 08/07/2022 Terraced
58 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £120,000 05/07/2022 Terraced
17 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £110,000 13/05/2022 Terraced
24 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £75,000 14/03/2022 Terraced
1 QUEEN STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1JR £75,000 24/01/2022 Terraced
10 LITTLE WATER STREET, CARMARTHEN, CARMARTHENSHIRE, SA31 1ER £93,000 13/08/2021 Terraced

Street average: £132,000 (1 sale)

Area average: £103,550 (10 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 14.7%
10y growth 43.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Carmarthenshire. Series: Terraced. As of April 2026.

1y (index) 5%
5y (index) 23.5%
10y (index) 68.7%

Rental Range

Estimated market rent for Carmarthenshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £612/mo
Realistic £680/mo
Optimistic £748/mo

Based on Local Authority from postcode lookup → Carmarthenshire.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Love Your Body 0.0 miles
Shop Unknown 0.0 miles
Bus stop Lidl 0.2 miles
Bus stop Unknown 0.2 miles
Train station Carmarthen 0.3 miles
Train station Abergwili Junction 1.3 miles
Hospital Ysbyty Werndale Private Hospital 5.9 miles
University University of Wales Trinity St. David 7.5 miles

Street-level crime

Category Count
Violence and sexual offences 70
Anti-social behaviour 31
Shoplifting 25
Public order 21
Criminal damage and arson 13
Other theft 12
Burglary 9
Drugs 7
Other crime 6
Theft from the person 1
Vehicle crime 1
Total incidents 196

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Carmarthen Christian School Other 0.1 miles (No rating)
Richmond Park Primary School Other 0.3 miles (No rating)
Llangunnor CP Other 0.5 miles (No rating)
Ysgol y Dderwen Other 0.5 miles (No rating)
Myrddin C.P. School Other 0.5 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Barnsfield Terrace, SA31 £950/mo 3 0.24 miles OpenRent

Average rent: £950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 6.5% gross yield avg £118,500 sale, £638/mo rent
Rent ratio 0.83%
Max investor price (0.8%) £118,750
Target investor price (1%) £95,000
Gross yield 9.9%
Cost-to-rent ratio 10.1×
Monthly cashflow £377/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 13.6%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).