2 Bed Flat, Single Let, Wrexham, LL13 8AF, £114,950

2 Skaife Apartments, Wrexham, LL13 8AF - 7 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~58 m²
+2 photos

ValuationOvervalued

Sold Prices£66K - £231K
Sold Prices/m²£1.1K/m² - £3.4K/m²

 

 

Square Metres

~58.35 m²
Price/m²£2K/m²

Value Estimate

£91,565

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,738

Stamp Duty & Legal Fees

£6,948

Total Cash In

£35,685

 

 

Cash Out

 

Rent Range

£595 - £925

Rent Estimate

£644

Running Costs/mo

£508

Cashflow/mo

£136

Cashflow/yr

£1,632

ROI

5%

Gross Yield

7%

Local Sold Prices

33 sold prices from £66K to £231K, average is £101K. £1.1K/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£91K05/210.24 mi39, Bentley Place, Wrexham LL13 8DQ2
£115K04/240.24 mi2, Bentley Place, Wrexham LL13 8DQ2
£100K06/230.24 mi1, Bentley Place, Wrexham LL13 8DQ2
£86K04/220.3 mi76, Stockwell Grove, Wrexham LL13 7HL2
£105K11/220.31 mi68, Stockwell Grove, Wrexham LL13 7HL2
£75K01/210.4 mi150, Stockwell Grove, Wrexham LL13 7HJ2
£82K04/240.41 mi7, Waterloo Close, Wrexham LL13 7HQ2
£141K12/230.51 miTuttle Street Brewery, Apartment 10, Tuttle Street, Wrexham LL13 7AA2
£136K10/220.52 miApartment 7, Tuttle Street Brewery, Tuttle Street, Wrexham LL13 7AA2
£138K09/220.52 miApartment 9, Tuttle Street Brewery, Tuttle Street, Wrexham LL13 7AA2
£88K01/210.77 mi35, Y Werddon, Wrexham LL13 7LT2
£96K12/220.81 mi1, St Giles Court, Wrexham LL13 7NR2
£102K03/231.04 mi13, Lorne Street, Wrexham LL11 2LR2
£82K06/211.04 mi5, Russell Grove, Wrexham LL12 7DG2
£82K06/211.04 mi5, Russell Grove, Wrexham LL12 7DG2
£110K01/221.26 mi112, Rhosnesni Lane, Wrexham LL12 7NB2
£101K04/231.29 mi164, Rhosnesni Lane, Wrexham LL13 9ES2
£122K02/241.31 mi68a, Dean Road, Wrexham LL13 9EH2
£76.5K11/201.32 mi16, The Laurels, Wrexham LL12 7NW2
£96.7K12/221.32 mi26, Langford Close, Wrexham LL13 9EX2
£125K10/231.33 mi48, Elm Grove, Acton, Wrexham LL12 7NR2
£101.5K04/221.46 mi5, Aldford Way, Wrexham LL12 7UU2
£110K03/211.46 mi3, Aldford Way, Wrexham LL12 7UU2
£66K07/211.46 mi165, Herbert Jennings Avenue, Wrexham LL12 7YB2
£112.5K12/221.46 mi163, Herbert Jennings Avenue, Wrexham LL12 7YB2
£127K11/221.46 mi165, Herbert Jennings Avenue, Wrexham LL12 7YB2
£102K01/211.46 mi2, Tapley Avenue, Wrexham LL12 7UY2
£102K01/211.46 mi2, Tapley Avenue, Wrexham LL12 7UY2
£88K01/211.49 mi162, Herbert Jennings Avenue, Wrexham LL12 7YD2
£96K11/221.55 mi11, Pendinas, Wrexham LL11 3BQ2
£82.5K08/221.68 mi9, Britannia Close, Rhostyllen, Wrexham LL14 4BX2
£93.6K11/201.73 mi3, Trinity Close, Rhostyllen, Wrexham LL14 4AQ2
£231K04/211.88 mi45, Snowdon Drive, Wrexham LL11 2YD2

Local Rents

16 rents from £595/mo to £925/mo, average is £788/mo.

RentDateDistanceAddressBeds 
£75005/240.01 miCorunna Court, Wrexham, LL132
£75005/240.02 miCorunna Court, Wrexham2
£82505/240.03 miCorunna Court, Wrexham2
£82505/240.13 miKings Mills Wrexham2
£89505/240.25 mi-2
£92503/250.25 mi-2
£65012/240.28 mi1 Wynnstay Apartments, Corunna Court,Wrexham,LL13 8RF2
£59510/230.3 mi-2
£85005/240.42 miSmithfield Road, Wrexham2
£75005/240.45 mi-2
£67512/240.51 mi-2
£67510/240.51 mi-2
£85007/230.57 mi-2
£85007/230.57 mi-2
£89507/240.57 mi-2
£62512/240.59 mi31 Wellington Road, Wrexham, Wrexham (County of), LL13 7PF2

Local Area Statistics

Population in LL13

34,888

Population in Wrexham

134,792

Town centre distance

3.83 miles away

Nearest school

0.30 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Price changed to £114,950

September 29, 2024

Listed for £119,950

August 7, 2024

Floor Plans

Description

  • TWO BEDROOM +
  • GROUND FLOOR APARTMENT +
  • GAS CENTRAL HEATING +
  • TWO DESIGNATED PARKING SPACES +
  • SECURED PARKING +
  • EN SUITE SHOWER ROOM +
  • OPEN PLAN KITCHEN/ DINING LIVING AREA +
  • CLOSE TO CITY CENTRE +

"VIEWING HIGHLY RECOMMENDED"
We are delighted to offer for sale this SUPERB Two Bedroom Ground floor apartment. The property offers an open plan style Lounge/ Kitchen/ Dining Area, Two Bedrooms and benefits from having Two designated parking spaces.
In brief the property comprises of Entrance Hallway, Open Plan Style Lounge/ Kitchen, Two Bedrooms, an Ensuite Shower room and bathroom.
This excellent apartment is located close to Wrexham City centre so has an array of local amenities close to hand as well as being close to the Eagles Meadow Shopping Centre.
"NO CHAIN"

Accommodation To Ground Floor - Hardwood front door gives access to the entrance hallway.

Entrance Hallway - With single panel radiator, telephone intercom, storage cupboard, doors off to Bedrooms and Lounge/kitchen.

Open Plan Kitchen/ Living/ Dining Area - 5.668m x4.670m (18'7" x15'3") - Comprising a range of Hi Gloss wall and base cupboards with complementary worktop surfaces, incorporating stainless steel sink unit with mixer tap, Integral four ring gas hob, electric oven/grill, with canopy stainless steel extractor hood above, Integral dishwasher, space for fridge freezer.

Lounge Area - Two double glazed windows to the front, double glazed doors to the front, T V aerial point, single panel radiator, walk through to the kitchen area.

Main Bedroom - 4.061m x 3.246m (13'3" x 10'7") - With double glazed window to the rear with double panel radiator beneath, telephone point, built in wardrobes with sliding doors, door to the en-suite shower room.

En Suite Shower Room - Comprising of a dual sized shower cubicle, pedestal wash hand basin, dual flush low level w.c., electric shaver point.

Bedroom Two - 3.596m x 2.104m (11'9" x 6'10") - Two Double glazed windows to the rear, double panel radiator, TV aerial point.

Bathroom - Comprising of a panel enclosed bath with shower attachment, pedestal wash hand basin, low level w.c., electric shaver point, spotlights to the ceiling, extractor fan, single panel radiator.

Outside - There are two designated parking spaces the property indicated by the parking bays number 62.

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

Mortgages - Our recommended experienced independent Mortgage specialists can search the best products from the whole of the market ensuring they always get the best mortgage for you based upon your needs and circumstances. If you would like to have a no obligation chat Call PETE on to find out more.

Please remember that you should not borrow more than you can safely afford.
Your home maybe repossessed if you do not keep up repayments on your mortgage

Additional Information - Please see Key Facts for buyers in Web Link.

Annual ground rent is £125 and service charge £108pcm.

Agent Details

Monopoly Estate Agents, Rossett

01978 804319

Next Steps?

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