4 Bed HMO, Wrexham, LL13 8PA, £110,000

Greenbank Street, Wrexham, LL13 8PA - a year ago

Sold STC
HMO
ROI: 15%
~90 m²

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Room Rate

£373

Gross Rent

£1,492

Running Costs/mo

£1,066

Cashflow/mo

£426

Cashflow/yr

£5,108

ROI

15%

Gross Yield

16%

Local Sold Prices

41 sold prices from £80K to £535K, average is £270K. £761/m² to £4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£170K12/220.15 mi29, Beechley Road, Wrexham LL13 7AU4
£197K11/210.18 mi17, Beechley Road, Wrexham LL13 7AU4
£180K05/210.2 mi10, Beechley Road, Wrexham LL13 7BA4
£180K05/210.2 mi10, Beechley Road, Wrexham LL13 7BA4
£180K05/210.2 mi10, Beechley Road, Wrexham LL13 7BA4
£171K12/200.23 mi11, Smithfield Road, Wrexham LL13 8EN4
£178K07/210.34 mi32, Percy Road, Wrexham LL13 7EE4
£93K10/200.37 mi19, Talbot Road, Wrexham LL13 7DY4
£150K02/240.41 mi7, Field View, Wrexham LL13 8ST4
£318K12/200.41 mi5, Hermitage Drive, Wrexham LL13 7EY4
£365K12/220.43 miWoodside, Hillbury Road, Wrexham LL13 7ET4
£360K06/230.43 miPhoenix House, Hillbury Road, Wrexham LL13 7ET4
£400K10/210.55 mi10, Sontley Road, Wrexham LL13 7EN4
£265K01/210.63 mi4, Ffordd Glyn, Wrexham LL13 7QN4
£292.5K01/210.63 mi32, Ffordd Glyn, Wrexham LL13 7QN4
£480K12/210.63 miTy Llanbedr, Allt Y Pentref, Gwynfryn, Wrexham LL11 5YY4
£350K01/240.64 mi2, Coed Y Nant, Wrexham LL13 7QH4
£242K12/200.65 mi27, Ithens Way, Wrexham LL13 7EQ4
£127K07/230.66 mi118, Ruabon Road, Wrexham LL13 7PY4
£315K05/210.67 mi44, Ithens Way, Wrexham LL13 7EQ4
£315K05/210.67 mi24, Trem Y Nant, Wrexham LL13 7QL4
£367.5K01/240.67 mi16, Trem Y Nant, Wrexham LL13 7QL4
£400K11/220.68 mi18, Trem Y Nant, Wrexham LL13 7QL4
£450K09/230.69 mi20, Trem Yr Eglwys, Wrexham LL13 7QE4
£320K06/210.69 mi17, Trem Yr Eglwys, Wrexham, Clwyd LL13 7QE4
£430K04/230.69 mi30, Trem Yr Eglwys, Wrexham LL13 7QE4
£80K04/210.71 mi88, Bradley Road, Wrexham LL13 7TP4
£270K12/210.71 mi128, Ruabon Road, Wrexham LL13 7RA4
£252.5K03/230.72 mi9, Goodwood Grove, Wrexham LL13 0LX4
£320K08/210.72 mi3, Ffordd Cwm, Wrexham LL13 7QD4
£210K11/200.74 mi18, Newport Close, Wrexham LL13 0JZ4
£150K06/210.75 mi125, Ruabon Road, Wrexham LL13 7RB4
£380K06/210.76 mi31, Aston Grove, Wrexham LL12 7DE4
£418K06/230.78 mi43, Ffordd Glyn, Wrexham LL13 7QW4
£535K11/220.8 mi39, Green Park, Wrexham LL13 7YE4
£360K02/210.8 mi37, Green Park, Wrexham LL13 7YE4
£279.9K06/210.85 mi28, Westminster Drive, Wrexham LL12 7AU4
£180K03/210.87 mi21, Foster Road, Rhosddu, Wrexham LL11 2LT4
£224K03/210.89 mi108, Park Avenue, Wrexham LL12 7AN4
£228K12/200.9 mi5, Chanticleer Close, Wrexham LL13 9EQ4
£159K12/200.94 mi24, Maesgwyn Road, Wrexham LL11 2AP4

Property History

Price changed to £110,000

October 26, 2024

Price changed to £100,000

October 25, 2024

Listed for £120,000

February 8, 2024

Floor Plans

Description

  • A fantastic investment opportunity +
  • A 4 bedroom HMO +
  • Walking distance to Wrexham City Centre +

FANTASTIC INVESTMENT OPPORTUNITY A 4 bedroom HMO located within walking distance of Wrexham city centre. A superb opportunity for an investor to purchase this HMO which currently yields around £17,900 per annum of rental income.

Hallway - With tiled flooring, stairs off to the first floor, doors to Bedroom 1 and 2.

Bedroom 1 - 3.90m x 3.50m (12'9" x 11'5") -

Bedroom 2 - 3.90m x 2.60m (12'9" x 8'6") -

Kitchen - 3.45m x 2.39m (11'3" x 7'10") - Fitted with matching wall, drawer and base units, working surface with inset stainless steel sink and drainer, plumbing for a washing machine, space for a fridge/freezer, double glazed window, fully tiled walls, gas combination boiler, door off to back yard.

First Floor Landing - With carpeted flooring.

Bedroom 3 - 3.90m x 2.90m (12'9" x 9'6") -

Bedroom 4 - 3.90m x 4.60m (12'9" x 15'1") -

Bathroom - 2.39m x 2.32m (7'10" x 7'7") - Fitted with a low level w.c, pedestal wash hand basin, bath with shower over, fully tiled walls, double glazed window.

Important Information - *Material Information interactive report available in video tour and brochure sections. *
MONEY LAUNDERING REGULATIONS 2003 Intending purchasers will be asked to produce identification and proof of financial status when an offer is received. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. You are advised to check the availability of this property before travelling any distance to view. We have taken every precaution to ensure that these details are accurate and not misleading. If there is any point which is of particular importance to you, please contact us and we will provide any information you require. This is advisable, particularly if you intend to travel some distance to view the property. The mention of any appliances and services within these details does not imply that they are in full and efficient working order. These details must therefore be taken as a guide only.

Agent Details

Monopoly Estate Agents, Rossett

01978 804319

Next Steps?

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