4 Bed Terraced House, Refurb/BRRR, Wrexham, LL12 9DS, £225,000

Castle Street, Caergwrle , LL12 9DS - 7 months ago

Refurb/BRRR
~129 m²
+6 photos

ValuationUndervalued

Sold Prices£170K - £695K
Sold Prices/m²£1.8K/m² - £4.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.7K/m²

Value Estimate

£231,750
BMV3%

 

 

End Value (After Refurb)

£256,076

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£52,800

Bridging Loan Interest

£5,906

Total Cash In

£124,656

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£256,076

Mortgage (After Refinance)

£192,057

Mortgage LTV

75%

Cash Released

£23,307

Cash Left In

£101,350

Equity

£64,019

Rent Range

£515 - £2,100

Rent Estimate

£976

Running Costs/mo

£1,015

Cashflow/mo

£-39

Cashflow/yr

£-473

Gross Yield

5%

Local Sold Prices

24 sold prices from £170K to £695K, average is £327.5K. £1.8K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£315K12/210.13 miBridgend House, Fellows Lane, Caergwrle, Wrexham, Flintshire LL12 9AU4
£355K05/230.17 miCarreg Wen, Wrexham Road, Caergwrle, Wrexham, Flintshire LL12 9HN4
£175K03/210.22 mi23, Bryn Yorkin, Caergwrle, Wrexham, Flintshire LL12 9HU4
£300K06/210.24 mi9, Rhyddyn Hill, Caergwrle, Wrexham, Flintshire LL12 9EE4
£170K05/230.42 mi15, Kingsway, Hope, Wrexham, Flintshire LL12 9PF4
£233K06/210.47 miRosslyn, Hawarden Road, Caergwrle, Wrexham, Flintshire LL12 9BS4
£200K04/210.47 mi8, Porch Lane, Caergwrle, Wrexham, Flintshire LL12 9LS4
£535K07/230.67 miBryn Alyn, Fagl Lane, Hope, Wrexham, Flintshire LL12 9RB4
£375K09/230.72 miHendre, Mold Road, Cefn Y Bedd, Wrexham, Flintshire LL12 9UL4
£193K07/230.74 mi39, Mountain View, Hope, Wrexham, Flintshire LL12 9NE4
£300K11/200.78 mi7, Petit Close, Cefn Y Bedd, Wrexham, Flintshire LL12 9YE4
£525K01/230.78 mi1, Petit Close, Cefn Y Bedd, Wrexham, Flintshire LL12 9YE4
£300K03/210.79 miBryn Estyn, Wrexham Road, Hope, Wrexham, Flintshire LL12 9NB4
£415K11/200.8 miTy Carreg, Stryt Isa, Hope, Wrexham, Flintshire LL12 9PT4
£340K01/230.84 mi27, The Beeches, Hope, Wrexham, Flintshire LL12 9NX4
£695K10/220.84 miGroes, Porch Lane, Caergwrle, Wrexham, Flintshire LL12 9HG4
£250K11/201.24 miTree Tops, Sydallt Lane, Cefn Y Bedd, Wrexham LL12 9SS4
£365K06/211.41 mi2, The Nurseries, Cymau, Wrexham, Flintshire LL11 5LE4
£435K12/201.67 miWest Bank, Wrexham Road, Penyffordd, Chester, Flintshire CH4 0HU4
£243.5K12/201.7 mi4, Acacia Court, Llay, Wrexham LL12 0TX4
£550K11/221.7 miThe Cottage, Windy Hill, Cefn Y Bedd, Wrexham LL12 9TF4
£470K02/211.74 miYord Cottage, Ffrwd, Cefn Y Bedd, Wrexham LL12 9TG4
£397K01/231.87 miThe Willows, Cymau Road, Ffrith, Wrexham, Flintshire LL11 5EF4
£215K06/211.89 mi40, Ffordd Madoc, Llay, Wrexham LL12 0RN4

Local Rents

23 rents from £515/mo to £2.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£51512/240.01 mi-1
£56502/250.01 mi-1
£75005/240.17 miBridge End, Wrexham2
£90012/240.27 miHawarden Road, Caergwrle2
£75008/230.79 mi-2
£1,40009/241.08 mi-3
£1,40010/241.08 mi-3
£90005/241.77 miThird Avenue, Llay3
£77512/241.91 mi6 Swallowfields, Ffrith3
£1,00012/242.08 mi12 Oak Drive, Penyffordd, CH4 0BS3
£1,50005/242.12 miGarston Fields, Llay, LL124
£95012/242.16 miHartsheath, Wrexham Road, Pontblyddyn, Mold, CH72
£90007/242.17 mi-3
£72512/242.23 miTop Road, Summerhill, Wrexham, LL112
£79508/232.27 mi-3
£80012/242.28 mi-3
£65012/242.29 mi-2
£67501/252.29 mi-2
£2,10012/242.34 miBramley Lane, Higher Kinnerton, Chester, Flintshire, CH44
£97512/242.45 mi-3
£77505/242.45 miApartment 1 above Croes howell, Nr Rossett, LL12 0NY1
£90005/242.45 miApartment 3 Croes howell, Nr Rossett, LL12 0NY2
£1,74812/242.48 miPenyffordd, Chester4

Local Area Statistics

Population in LL12

28,275

Population in Wrexham

134,792

Town centre distance

7.65 miles away

Nearest school

0.40 miles away

Nearest train station

0.17 miles away

 

 

Rental growth (12m)

+79%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £225,000

August 14, 2024

Floor Plans

Description

  • Sought After Location +
  • End of Terrace House +
  • Four Bedrooms +
  • Opportunity to Modernise +
  • Former Shop / Reception Room +
  • Lounge & Kitchen +
  • Workshop leading to Extensive Grounds +
  • Ample Off Road Parking +
  • Freehold +
  • Council Tax Band E +

DESCRPTION. Situated in a much sought after and favoured location is this substantial 4 bedroom property which offers spacious living accommodation which is in need of modernisation and briefly comprises former shop/reception room entrance hall, reception room/downstairs bedroom,lounge, kitchen and to the first floor there are 4 bedrooms and combined bathroom and wc. The accommodation is complimented by gas heating and externally there is ample off road parking, workshop and steps leading to extensive grounds which used to be the former quarry. As selling agents we highly recommend an inspection of the property to fully appreciate the size of the accommodation on offer and the potential the property offers. FREEHOLD. COUNCIL TAX BAND E. 

DIRECTIONS: From the Wrexham office, proceed out of town passing the football ground on the right hand side. At the main Wrexham roundabout proceed straight across in the Mold direction, continue through Gwersyllt, Cefn Y Bedd and on into Abermorddu. At the traffic lights, turn right onto Hawarden Road and follow the Hawarden Road and just before the railway bridge turn left onto Castle Street and follow Castle street until the property will be noted on the left hand side, via the Molyneux For Sale sign. 

LOCATION Situated in a popular and sought after location with easy access to village amenities to include well regarded primary schools and the successful Castell Alun high school, Hope medical centre, local bus services and train station and there are good road links to the town centres of Wrexham, Mold and Chester City centre . 

HEATING: Gas radiator heating installed. 

ENTRANCE HALL: Panelled radiator. Tiled floor. Stairs rising to first floor. Door leading to side of property. 

SHOP/RECEPTION ROOM. 18' x 10' 2" (5.49m x 3.1m) Tiled floor. Door leading to front of property. 

RECEPTIONROOM/BEDROOM: 14' 7" x 9' 7" (4.44m x 2.92m) Panelled radiator. Fitted 2 piece suite comprising low level wc and wash hand basin. 

LOUNGE: 18' 1" x 11' 5" (5.51m x 3.48m) Panelled radiator. Wood effect floor covering. Stone fireplace with open fire. 

KITCHEN: 10' 8" x 10' 7" (3.25m x 3.23m) Panelled radiator.The kitchen is fitted with a range of wall and base units with worktop surfaces and inset stainless steel sink unit and splash back tiling. Wall mounted gas heating boiler. Tiled floor. Door leading to side of property. 

REAR PORCH: 14' 7" x 9' 7" (4.44m x 2.92m)  

STAIRS AND LANDING: Loft access. Doors leading off to bedrooms and bathroom. 

BEDROOM 1: 15' 2" x 11' 4" (4.62m x 3.45m) Panelled radiator. Brick fireplace. Window to side elevation. 

BEDROOM 2: 15' 3" x 9' 9" (4.65m x 2.97m) Panelled radiator. Window to side elevation. 

BEDROOM 3: 10' 6" x 9' 2" (3.2m x 2.79m) Panelled radiator. Window to front elevation. 

BEDROOM 4: 10' 4" x 8' 5" (3.15m x 2.57m) Panelled radiator. Window to front elevation. 

BATHROOM: 11' 7" x 10' 5" (3.53m x 3.18m) Panelled radiator. Fitted 4 piece white suite comprising wc, wash hand basin, panelled bath and shower enclosure with fitted shower. Built in airing cupboard.  

OUTSIDE: To the left hand side of the property there are double entrance gates opening onto a drive which provides ample off road parking. To the rear there is a open fronted workshop with balcony above housing a former pigeon loft and there is an outside wc. To the rear there are steps leading to extensive elevated grounds which was the former Quarry which may be suitable for a range of purposes.

Agent Details

Molyneux, Wrexham

01978 804119

Next Steps?

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