2 Bed Flat, Single Let, Wrexham, LL11 5FN, £100,000

Lamberton Drive, Brymbo, Wrexham, LL11 5FN - 10 months ago

Sold STC

Leasehold

BTL

ROI: 8%

~68 m²

+9 photos

ValuationUndervalued

Sold Prices	£59K - £447K
Sold Prices/m²	£875/m² - £3.4K/m²

Square Metres	~68.11 m²
Price/m²	£1.5K/m²
Value Estimate	£104,546£104,546
BMV	5%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£4,200£4,200
Total Cash In	£29,200£29,200

Cash Out
Rent Range	£595 - £895£595 - £895
Rent Estimate	£647
Running Costs/mo	£462£462
Cashflow/mo	£185£185
Cashflow/yr	£2,221£2,221
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

29 sold prices from £59K to £447K, average is £96K. £875/m² to £3.4K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£95K	05/23	0.03 mi	9, Lamberton Drive, Brymbo, Wrexham LL11 5FN	£1,817	52	2	Flat
£158K	11/20	0.03 mi	60, Lamberton Drive, Brymbo, Wrexham LL11 5FN	£1,859	85	2	Flat
£88K	11/22	0.12 mi	1, John Wilkinson Court, Brymbo, Wrexham LL11 5HJ	£1,492	59	2	Flat
£89K	03/21	0.14 mi	8, Chariot Drive, Brymbo, Wrexham LL11 5FE	£1,561	57	2	Flat
£89K	03/21	0.14 mi	8, Chariot Drive, Brymbo, Wrexham LL11 5FE	£1,561	57	2	Flat
£110K	12/22	0.18 mi	33, Ingot Close, Brymbo, Wrexham LL11 5FB	-	-	2	Flat
£105K	11/22	0.19 mi	27, Ingot Close, Brymbo, Wrexham LL11 5FB	-	-	2	Flat
£85K	08/22	0.24 mi	4, Meadow View, Tanyfron, Wrexham LL11 5TP	£1,181	72	2	Flat
£210K	10/21	0.62 mi	7, Nant Court, Brymbo, Wrexham LL11 5BH	£2,059	102	2	Flat
£91K	11/22	0.76 mi	19, Bank Street, Southsea, Wrexham LL11 5PE	£1,355	67	2	Flat
£83K	02/21	1.12 mi	28, Aldergrove Place, Coedpoeth, Wrexham LL11 3NZ	£1,876	44	2	Flat
£447K	03/21	1.18 mi	Bron Offa, Bracken Court, Coedpoeth, Wrexham LL11 3NJ	£1,863	240	2	Flat
£237K	03/21	1.25 mi	Glenside, Smelt Road, Coedpoeth, Wrexham LL11 3SH	£2,663	89	2	Flat
£75K	01/23	1.28 mi	57, Wheat Close, Gwersyllt, Wrexham LL11 4UX	£875	86	2	Flat
£59K	10/20	1.43 mi	9, Atlea, New Broughton, Wrexham LL11 6UF	£894	66	2	Flat
£200K	10/21	1.63 mi	Flat 7, Pen Y Nant, Church Road, Minera, Wrexham LL11 3DA	-	-	2	Flat
£132K	11/22	1.65 mi	54, Lambourne Court, Gwersyllt, Wrexham LL11 4FD	£2,164	61	2	Flat
£122K	08/22	1.65 mi	34, Lambourne Court, Gwersyllt, Wrexham LL11 4FD	-	-	2	Flat
£96K	11/22	2.16 mi	11, Pendinas, Wrexham LL11 3BQ	£1,793	54	2	Flat
£231K	04/21	2.65 mi	45, Snowdon Drive, Wrexham LL11 2YD	£3,449	67	2	Flat
£102K	03/23	2.73 mi	13, Lorne Street, Wrexham LL11 2LR	£1,700	60	2	Flat
£96K	12/22	2.79 mi	1, St Giles Court, Wrexham LL13 7NR	£1,500	64	2	Flat
£88K	01/21	2.83 mi	35, Y Werddon, Wrexham LL13 7LT	£1,275	69	2	Flat
£93.6K	11/20	2.84 mi	3, Trinity Close, Rhostyllen, Wrexham LL14 4AQ	£1,216	77	2	Flat
£82.5K	08/22	2.89 mi	9, Britannia Close, Rhostyllen, Wrexham LL14 4BX	£1,587	52	2	Flat
£88K	01/21	2.93 mi	162, Herbert Jennings Avenue, Wrexham LL12 7YD	£1,313	67	2	Flat
£112.5K	12/22	2.95 mi	163, Herbert Jennings Avenue, Wrexham LL12 7YB	£1,500	75	2	Flat
£127K	11/22	2.95 mi	165, Herbert Jennings Avenue, Wrexham LL12 7YB	£2,228	57	2	Flat
£66K	07/21	2.95 mi	165, Herbert Jennings Avenue, Wrexham LL12 7YB	£1,158	57	2	Flat

Local Rents

18 rents from £595/mo to £895/mo, average is £738/mo.

Rent	Date	Distance	Address	Beds	Type
£600	03/25	0.03 mi	-	2	Flat
£595	10/23	0.03 mi	63 Lamberton Drive, Brymbo, LL11 5FN	2	Flat
£850	12/24	0.15 mi	-	2	Flat
£650	12/24	0.18 mi	-	2	Flat
£725	12/24	0.18 mi	Ingot Close, Brymbo, Wrexham	2	Flat
£750	12/24	0.34 mi	-	2	Semi-Detached House
£895	12/24	0.34 mi	-	2	Semi-Detached House
£780	12/24	0.34 mi	Park Road, Tanyfron, Wrexham	2	Terraced House
£800	12/24	0.39 mi	Park Road, Tanyfron	2	Semi-Detached House
£625	05/24	0.74 mi	2 Rock House, Gwalia Road, Pentre Broughton, LL11 6BY	2	Flat
£675	05/24	0.99 mi	Plum Tree, Bryn Drive, Coedpoeth, Wrexham, LL11 3LJ	2	Detached House
£850	09/24	1.07 mi	-	2	Semi-Detached House
£825	12/24	1.08 mi	Heol Llewelyn, Coedpoeth	2	House
£750	12/24	1.15 mi	-	2	Semi-Detached House
£750	11/23	1.16 mi	-	2	Semi-Detached House
£725	12/24	1.16 mi	Top Road, Summerhill, Wrexham, LL11	2	Terraced House
£695	12/24	1.19 mi	-	2	Flat
£700	12/24	1.21 mi	Cobden Place, Coedpoeth, LL11	2	Terraced House

Local Area Statistics

Population in LL11	38,02838,028
Population in Wrexham	134,792134,792
Town centre distance	4.75 miles away4.75 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	1.59 miles away1.59 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+15%+15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £100,000

May 23, 2024

Floor Plans

Description

2 Bedroom Top Floor Apartment +
Popular Development +
Gas Combi Central Heating +
UPVC Double Glazed +
2 Allocated Parking Spaces +
Well Presented +
Leasehold Charges TBC +
Council Tax Band C +
EPC Rating B +

Here's your chance to purchase a superb 2 bedroom top floor apartment in Brymbo. Call Whitegates to request a viewing.

This spacious apartment is presented in excellent condition with features such as French doors with Juliet balcony to the main bedroom along with the living room, letting an abundance of natural light into the property. This apartment also boasts gas combi central heating with a Worcester combi boiler, a well sized second bedroom ideal for guests whilst to the exterior there are two allocated car park spaces.

Location
Located on Lamberton Drive on the popular recent development in Brymbo.
The village itself has undergone restoration work to transform the site of the former Steelworks into a new development. The building firm, Taylor Wimpey built a new housing estate dubbed 'Mountain View' on the land in 2007.

In 2017, a road which directly connects the estate to the village was opened. The road was appropriately named Heritage Way.

In 2018 the Brymbo Heritage Trust received £1.1m to renovate the old steelworks building

Agent Details

Whitegates, Wrexham

01978 803795

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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