BEING the proud owner of a prestigious home with a blue plaque can often mean that you’ve forked out several million pounds to buy it.
The notable stories of the properties and often period features tend to make them highly sought-after.
The pretty property has a blue plaque and is located in South West Wales[/caption]
The owner will need to fully renovate the property[/caption]
The £140,000 home requires extensive work to make it habitable[/caption]
But if you are looking for historic property with a blue plaque that has a more modest price tag, we have found one that is for sale for just £140,000 – and it has a rich Welsh history.
The £140,000 price tag is less than half the £326,603 average price of a home in Britain today.
The two-bedroom detached house is in the south west of Wales and requires renovating, so the new owner will require deep pockets to transform the property into a family home.
The upside, however, is that they will end up owning a piece of Welsh history, as highlighted by the property’s own blue plaque on its exterior.
What is a blue plaque?
BLUE plaques on buildings celebrate the link between notable historical figures and places they lived or worked in.
The London blue plaques scheme has been in place for around 160 years, and is currently run by English Heritage.
There are a number of similar initiatives across the UK.
To qualify for an official English Heritage plaque, the recipient must have died at least 20 years ago. And the building needs to be closely associated with the person in question.
The special link with history often makes homes with a blue plaque worth a lot more than comparative properties without.
A study by the University of Leeds previously found that a blue plaque can boost a home’s value by a whopping 25%.
The plaque confirms that from 1952 to 1964, the Welsh property was home to Eileen and Trevor Beasley who were campaigners for the Welsh language.
The property has been awarded a blue plaque by Llanelli community heritage in commemoration of their work.
The house is in Llangennech, a village in the area of Llanelli, Carmarthenshire.
The average price of a property sold in Llangennech during the past 12 months is £238,107, according to property website Zoopla.
It compares to the significantly higher average sold price of a property in Britain of £326,603.
The blue plaque property has an exterior that is painted entirely yellow except for the white woodwork on the porch.
The living room has a fireplace and there is a ground floor bathroom and kitchen, along with two bedrooms on the first floor.
It has own driveway that leads into a spacious garden surrounding the property.
However, much of the grounds are overgrown and like the interiors of the property, requires substantial attention.
The estate agent handling the sale is Morgan Carpenter, which confirms that the property is connected to mains electricity, water and drainage.
The house has good access to public transport as it is within 3.4 miles of four train stations.
These include Llangennech, which is 0.9 miles away and Llanelli, which is 3.4 miles away.
The house is also within just a few miles of several state and private schools.
Data on Zoopla shows the property was last listed for sale in December 2015 for £115,000.
Before that, it had been sold in August 1999 for £20,000 and just six months later for £51,500.
Daniel Copley, consumer expert of Zoopla, said: “Blue plaque properties are often associated with some of the most expensive neighbourhoods in the country like Mayfair and Kensington in London, but a rare opportunity means it possible to purchase your very own blue plaque property for £140,000, significantly below the average UK house price.
“Although the property requires some TLC, it does benefit from beautiful period features including exposed ceiling beams and bay windows, making it a great choice for a buyer looking for a piece of history which they can truly make their own.”
