3 Bed Bungalow, Refurb/BRRR, Wrexham, LL12 8ET, £365,000





ValuationOvervalued
Sold Prices | £108K - £475K |
Sold Prices/m² | £1.3K/m² - £4.2K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £3.9K/m² |
Value Estimate | £205,753£205,753 |
| |
End Value (After Refurb) | £320,000£320,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £91,250£91,250 |
Stamp Duty & Legal Fees | £25,200£25,200 |
Refurb Costs | £37,989£37,989 |
Bridging Loan Interest | £9,581£9,581 |
Total Cash In | £165,771£165,771 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £320,000£320,000 |
Mortgage (After Refinance) | £240,000£240,000 |
Mortgage LTV | 75%75% |
Cash Left In | £165,771£165,771 |
Equity | £80,000£80,000 |
Rent Range | £595 - £1,750£595 - £1,750 |
Rent Estimate | £1,005 |
Running Costs/mo | £1,221£1,221 |
Cashflow/mo | £-216£-216 |
Cashflow/yr | £-2,592£-2,592 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £108K to £475K, average is £237.5K. £1.3K/m² to £4.2K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£260K | 09/21 | 0.08 mi | 7, Greythorne Close, Gresford, Wrexham LL12 8HS | - | - | 3 | Detached House | |
£190K | 06/21 | 0.09 mi | 42, Winchester Way, Gresford, Wrexham LL12 8HL | - | - | 3 | Semi-Detached House | |
£320K | 11/22 | 0.1 mi | 30, Greenway View, Gresford, Wrexham LL12 8HR | £4,156 | 77 | 3 | Detached House | |
£385K | 10/21 | 0.15 mi | The Croft, High Street, Gresford, Wrexham LL12 8PS | £3,291 | 117 | 3 | Semi-Detached House | |
£227K | 04/21 | 0.19 mi | Rose Cottage, Narrow Lane, Gresford, Wrexham LL12 8EN | £1,816 | 125 | 3 | Detached House | |
£227K | 04/21 | 0.2 mi | Rose Cottage, Narrow Lane, Gresford, Wrexham LL12 8EN | £1,816 | 125 | 3 | Detached House | |
£220K | 10/23 | 0.21 mi | 12, Winchester Way, Gresford, Wrexham LL12 8HG | - | - | 3 | Semi-Detached House | |
£171.5K | 03/21 | 0.25 mi | 5, Poplar Avenue, Gresford, Wrexham LL12 8EP | £2,091 | 82 | 3 | Semi-Detached House | |
£160K | 03/21 | 0.25 mi | 9, Poplar Avenue, Gresford, Wrexham LL12 8EP | - | - | 3 | Semi-Detached House | |
£160K | 03/21 | 0.25 mi | 9, Poplar Avenue, Gresford, Wrexham LL12 8EP | - | - | 3 | Semi-Detached House | |
£160K | 03/21 | 0.25 mi | 9, Poplar Avenue, Gresford, Wrexham LL12 8EP | - | - | 3 | Semi-Detached House | |
£252K | 11/20 | 0.26 mi | 4, Annefield Park, Gresford, Wrexham LL12 8NS | £2,598 | 97 | 3 | Detached House | |
£156K | 08/23 | 0.26 mi | 23, Annefield Park, Gresford, Wrexham LL12 8NS | - | - | 3 | Terraced House | |
£165K | 04/21 | 0.27 mi | 35, Narrow Lane, Gresford, Wrexham LL12 8EH | £1,875 | 88 | 3 | Semi-Detached House | |
£218K | 04/23 | 0.27 mi | 29, Narrow Lane, Gresford, Wrexham LL12 8EH | £2,513 | 87 | 3 | Semi-Detached House | |
£205K | 11/22 | 0.28 mi | 20, Annefield Park, Gresford, Wrexham LL12 8NS | £2,278 | 90 | 3 | Terraced House | |
£240K | 06/23 | 0.3 mi | 5, Chestnut Close, Gresford, Wrexham LL12 8ER | £3,038 | 79 | 3 | Semi-Detached House | |
£307K | 04/23 | 0.33 mi | 18, Pant Olwen, Gresford, Wrexham LL12 8ES | £3,374 | 91 | 3 | Semi-Detached House | |
£250K | 11/22 | 0.36 mi | 11, Bodwyn Park, Gresford, Wrexham LL12 8NP | £2,619 | 95 | 3 | Semi-Detached House | |
£202.5K | 04/21 | 0.38 mi | 13, Maxwell Close, Gresford, Wrexham LL12 8UD | - | - | 3 | Semi-Detached House | |
£240K | 05/21 | 0.39 mi | 4, Maxwell Close, Gresford, Wrexham LL12 8UD | £2,526 | 95 | 3 | Semi-Detached House | |
£290K | 12/23 | 0.41 mi | 20, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ | - | - | 3 | Detached House | |
£235K | 06/23 | 0.41 mi | 77, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ | £2,975 | 79 | 3 | Semi-Detached House | |
£320K | 08/23 | 0.41 mi | 2, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ | - | - | 3 | Detached House | |
£245K | 04/23 | 0.52 mi | 11, Nayland Avenue, Gresford, Wrexham LL12 8YU | £2,379 | 103 | 3 | Semi-Detached House | |
£230K | 06/21 | 0.52 mi | 3, Farriers Walk, Gresford, Wrexham LL12 8PH | £2,840 | 81 | 3 | Semi-Detached House | |
£250K | 11/22 | 0.52 mi | 20, Nayland Avenue, Gresford, Wrexham LL12 8YU | - | - | 3 | Semi-Detached House | |
£325K | 11/23 | 0.55 mi | Apexia, Pant Lane, Gresford, Wrexham LL12 8SG | - | - | 3 | Detached House | |
£265K | 04/21 | 0.59 mi | 2, Oak Drive, Marford, Wrexham LL12 8XT | £2,500 | 106 | 3 | Detached House | |
£281K | 05/23 | 0.6 mi | 11, Sycamore Drive, Marford, Wrexham LL12 8XU | £2,864 | 98 | 3 | Detached House | |
£305K | 04/21 | 0.68 mi | 24, Gorse Crescent, Marford, Wrexham LL12 8LZ | £3,506 | 87 | 3 | Detached House | |
£150K | 12/20 | 0.68 mi | 96, Council Street, Llay, Wrexham LL12 0LW | £1,638 | 92 | 3 | Semi-Detached House | |
£108K | 12/20 | 0.72 mi | 5, Victory Place, Llay, Wrexham LL12 0LR | £1,479 | 73 | 3 | Semi-Detached House | |
£330K | 10/23 | 0.73 mi | 72, Woodridge Avenue, Marford, Wrexham LL12 8SS | £3,511 | 94 | 3 | Detached House | |
£265K | 11/20 | 0.73 mi | 40, Woodridge Avenue, Marford, Wrexham LL12 8SS | £2,704 | 98 | 3 | Semi-Detached House | |
£335K | 09/23 | 0.73 mi | Ingledene, Wynnstay Lane, Marford, Wrexham LL12 8LF | £2,597 | 129 | 3 | Detached House | |
£175K | 06/23 | 0.74 mi | 38, Vale View Estate, Llay, Wrexham LL12 0NH | £2,303 | 76 | 3 | Semi-Detached House | |
£157K | 11/21 | 0.74 mi | 109, Council Street, Llay, Wrexham LL12 0LP | £1,280 | 123 | 3 | Semi-Detached House | |
£290K | 01/21 | 0.76 mi | 11, Woodridge Avenue, Marford, Wrexham, Clwyd LL12 8SU | £3,718 | 78 | 3 | Detached House | |
£280K | 12/21 | 0.77 mi | 2, Juniper Close, Marford, Wrexham LL12 8XH | £2,828 | 99 | 3 | Detached House | |
£168K | 11/22 | 0.78 mi | 1, Laburnum Court, Llay, Wrexham LL12 0SQ | £2,333 | 72 | 3 | Semi-Detached House | |
£290K | 06/21 | 0.8 mi | 51, Stancliffe Avenue, Marford, Wrexham LL12 8LN | £3,187 | 91 | 3 | Semi-Detached House | |
£475K | 07/23 | 0.82 mi | 10, Sunnyridge Avenue, Marford, Wrexham LL12 8TE | - | - | 3 | Detached House | |
£138K | 03/21 | 0.82 mi | 47, Nantygaer Road, Llay, Wrexham LL12 0SL | £1,704 | 81 | 3 | Terraced House | |
£155K | 11/22 | 0.82 mi | 55, Nant Y Gaer Road, Llay, Wrexham LL12 0SL | £2,067 | 75 | 3 | Semi-Detached House | |
£150K | 03/23 | 0.83 mi | 1, Eleventh Avenue, Llay, Wrexham LL12 0SN | £1,974 | 76 | 3 | Terraced House | |
£210K | 08/23 | 0.83 mi | 55, St Davids Crescent, Llay, Wrexham LL12 0PP | - | - | 3 | Semi-Detached House | |
£250K | 06/23 | 0.83 mi | 33, St Davids Crescent, Llay, Wrexham LL12 0PP | - | - | 3 | Semi-Detached House | |
£135.5K | 11/20 | 0.85 mi | 7, Pentre Street, Llay, Wrexham LL12 0NB | £2,022 | 67 | 3 | Semi-Detached House | |
£240K | 04/21 | 0.85 mi | 7, Forest Road, Llay, Wrexham LL12 0UB | £2,500 | 96 | 3 | Detached House |
Local Rents
42 rents from £595/mo to £1.8K/mo, average is £900/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 12/24 | 0.17 mi | Pant Lane, Gresford, Wrexham, LL12 | 3 | Bungalow | |
£800 | 05/24 | 0.18 mi | 4 Lake View, High Street, Gresford, LL12 8PU | 2 | Terraced House | |
£1,500 | 12/24 | 0.32 mi | Chapel Fields, Pont-Y-Capel Lane | 4 | Detached House | |
£650 | 12/24 | 0.32 mi | 46A Chester road. Gresford LL12 8NE | 2 | Flat | |
£750 | 12/24 | 0.37 mi | - | 2 | Terraced House | |
£895 | 05/24 | 0.41 mi | Trewythan Cottage, Vicarage Lane, Gresford, Wrexham | 2 | Flat | |
£795 | 08/23 | 0.66 mi | - | 3 | Semi-Detached House | |
£1,500 | 05/24 | 0.84 mi | Garston Fields, Llay, LL12 | 4 | Detached House | |
£1,200 | 12/24 | 1.01 mi | Marford Hill, LL12 | 2 | Detached House | |
£775 | 05/24 | 1.01 mi | Apartment 1 above Croes howell, Nr Rossett, LL12 0NY | 1 | Flat | |
£900 | 05/24 | 1.01 mi | Apartment 3 Croes howell, Nr Rossett, LL12 0NY | 2 | Flat | |
£900 | 05/24 | 1.14 mi | Third Avenue, Llay | 3 | Flat | |
£1,275 | 12/24 | 1.34 mi | - | 3 | Flat | |
£650 | 08/23 | 1.53 mi | - | 2 | Flat | |
£1,450 | 02/25 | 1.58 mi | - | 2 | Detached House | |
£1,450 | 02/25 | 1.58 mi | - | 2 | Detached House | |
£1,650 | 12/24 | 1.91 mi | Harwoods Lane, Rossett | 5 | Detached House | |
£725 | 05/24 | 1.93 mi | 24 Kenyon Avenue, Wrexham, Wrexham (County of), LL11 2ST | 3 | Flat | |
£750 | 12/24 | 1.97 mi | - | 2 | Semi-Detached House | |
£1,400 | 12/24 | 1.97 mi | The Green, Rossett | 3 | Bungalow | |
£895 | 03/25 | 2.05 mi | - | 3 | Semi-Detached House | |
£595 | 02/25 | 2.06 mi | - | 2 | Flat | |
£1,750 | 08/24 | 2.09 mi | - | 3 | Bungalow | |
£925 | 05/24 | 2.09 mi | Hardwick Drive, Gwersyllt, LL11 | 3 | Flat | |
£850 | 05/24 | 2.11 mi | 105 Derwent Crescent, Wrexham, Wrexham (County of), LL12 7YW | 3 | Detached House | |
£900 | 08/24 | 2.14 mi | - | 3 | Semi-Detached House | |
£1,200 | 11/24 | 2.22 mi | - | 3 | Semi-Detached House | |
£650 | 12/24 | 2.24 mi | - | 2 | Terraced House | |
£675 | 01/25 | 2.24 mi | - | 2 | Terraced House | |
£1,100 | 05/24 | 2.27 mi | 5 Thor Court, Jutland Grove, Gwersyllt | 3 | Detached House | |
£695 | 05/24 | 2.28 mi | 152 Rhosnesni Lane, Wrexham, LL13 9ES | 3 | Detached House | |
£825 | 12/24 | 2.32 mi | Shaftesbury Avenue, Gwersyllt, LL11 | 2 | Semi-Detached House | |
£1,250 | 05/24 | 2.36 mi | - | 3 | Detached House | |
£1,195 | 12/24 | 2.36 mi | - | 3 | Detached House | |
£1,250 | 05/24 | 2.36 mi | Fairmount Road, Wrexham, LL13 | 3 | Detached House | |
£895 | 10/23 | 2.37 mi | 1 Corner Cottages, Rossett Road, Trevalyn, LL12 0ER | 2 | Flat | |
£950 | 05/24 | 2.39 mi | Woburn Close, Wrexham | 3 | Detached House | |
£850 | 01/25 | 2.41 mi | - | 3 | Semi-Detached House | |
£1,300 | 12/24 | 2.43 mi | Borras Hall Lane, Llan-Y-Pwll, Wrexham | 4 | Detached House | |
£900 | 05/24 | 2.45 mi | - | 3 | Detached House | |
£850 | 12/24 | 2.46 mi | Corner House Farm, Rossett, LL12 | 3 | Semi-Detached House | |
£750 | 12/24 | 2.47 mi | - | 2 | Semi-Detached House |
Local Area Statistics
Population in LL12 | 28,27528,275 |
Population in Wrexham | 134,792134,792 |
Town centre distance | 6.91 miles away6.91 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 2.09 miles away2.09 miles away |
| |
Rental growth (12m) | +79%+79% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +26%+26% |
Property History
Listed for £365,000
May 31, 2024
Floor Plans

Description
- A 3 bedroom detached bungalow +
- Occupying generous grounds +
- In need of internal modernisation but with fantastic potential +
- Popular village location +
- Spacious lounge/dining room +
- VIEWING HIGHLY RECOMMENDED +
Occupying a generous plot and situated within a cul-de-sac location in the desirable village of Gresford this is a wonderful opportunity to purchase this 3 bedroom detached bungalow. The property offers spacious living accommodation in need of some internal modernisation but with fantastic potential and really must be viewed to be appreciated. A real feature of the property are the generous grounds with a large front garden with ample parking and again an impressively generous garden to the rear. The popular village of Gresford benefits from a wealth of local amenities including various shops, good primary school and has excellent access to Wrexham and Chester either via car or the frequent bus service.
Entrance Hallway - With carpeted flooring, door to the w.c and the lounge.
W.C - 1.49m x 1.53m (4'10" x 5'0") - Fitted with a low level w.c, pedestal wash hand basin, carpeted flooring, coat hanging space.
Lounge/Dining Room - 6.21m max x 6.79m max (20'4" max x 22'3" max) - An impressively spacious room with a central stone fireplace with inset living flame gas fire, carpeted flooring, serving hatch into the kitchen, 3 double glazed windows.
Kitchen - 3.51m x 3.05m (11'6" x 10'0") - Fitted with a range of matching wall, drawer and base units, working surface with inset 1 1/4 sink and drainer, plumbing for a washing machine, space for a refrigerator, space for a cooker, part tiled walls, tiled flooring, double glazed window looking into the garden room.
Garden Room - 4.11m x 3.77m (13'5" x 12'4") - Looking out on to the garden with tiled flooring, sliding doors and door into the garage.
Inner Hallway - With carpeted flooring, door to a cupboard housing the hot water tank, window, access to the loft space.
Bedroom 1 - 3.97m x 3.06m (13'0" x 10'0") - A spacious bedroom with a double glazed window to the side, fitted wardrobes with sliding mirrored doors, carpeted flooring.
Bedroom 2 - 3.40m x 3.05m (11'1" x 10'0") - A double bedroom with a double glazed window to the rear, carpeted flooring, fitted wardrobes with high level units.
Bedroom 3 - 3.04m x 2.69m (9'11" x 8'9") - With a double glazed window to the side, carpeted flooring.
Bathroom - 2.37m x 1.66m (7'9" x 5'5") - Fitted with a low level w.c, pedestal wash hand basin, bath with shower over, fully tiled walls, double glazed window.
Outside - A real feature to this property are the generous grounds in which it sits. To the front is a well maintained shaped lawn with well established borders, a brick paved area adjacent to the front of the property and a concrete driveway leading to a single garage with an electric fob operated door.
To the rear is a paved patio off the garden room with gated access to a generous lawn garden with shaped patio and gated access to the front.
Important Information - 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 particulars are in draft form awaiting Vendors confirmation of their accuracy. These details must therefore be taken as a guide only and approved details should be requested from the agents
Additional Information - Please find the Key property facts in the web link.
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