3 Bed Semi-Detached House, Refurb/BRRR, Wrexham, LL11 2TH, £250,000

Wats Dyke Way, Wrexham, LL11 2TH - 1 views - 6 months ago

Sold STC
Refurb/BRRR
~96 m²
+7 photos

ValuationOvervalued

Sold Prices£145K - £370K
Sold Prices/m²£1.7K/m² - £4.1K/m²

 

 

Square Metres

~96 m²
Price/m²£2.6K/m²

Value Estimate

£237,241

 

 

End Value (After Refurb)

£238,080

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£38,957

Bridging Loan Interest

£6,563

Total Cash In

£123,469

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£238,080

Mortgage (After Refinance)

£178,560

Mortgage LTV

75%

Cash Left In

£123,469

Equity

£59,520

Rent Range

£695 - £1,750

Rent Estimate

£954

Running Costs/mo

£955

Cashflow/mo

£-1

Cashflow/yr

£-10

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £370K, average is £217.5K. £1.7K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£274K06/210.05 mi54, Watsdyke Way, Wrexham LL11 2TH3
£210K06/210.06 mi59, Watsdyke Way, Wrexham LL11 2TG3
£308K07/210.07 mi97, Ffordd Estyn, Wrexham LL11 2TB3
£312.5K03/210.13 mi7, Cambridge Square, Wrexham LL11 2YG3
£332.5K01/210.13 mi9, Cambridge Square, Wrexham LL11 2YG3
£210K12/200.19 mi52, Ffordd Estyn, Wrexham LL11 2SU3
£205K04/210.24 mi1, Dorset Drive, Wrexham LL11 2UW3
£220K02/210.24 mi6, Ffordd Mon, Wrexham LL11 2LH3
£350K05/210.25 mi2, Olivet Gardens, Rhosrobin, Wrexham LL11 4RJ3
£160K12/200.25 mi25, Top Farm Road, Wrexham LL11 2EZ3
£191K04/210.25 mi29, Top Farm Road, Wrexham LL11 2EZ3
£160K11/200.26 mi230, Chester Road, Wrexham LL12 8DT3
£180K03/210.28 mi195, Chester Road, Wrexham, Clwyd LL12 8DW3
£186K06/210.29 mi25, Northleigh Grove, Wrexham LL11 2HQ3
£260K10/200.29 mi32, Northleigh Grove, Wrexham LL11 2HQ3
£210K10/210.29 mi7, Northleigh Grove, Wrexham LL11 2HQ3
£225K07/210.31 mi1, Cunliffe Walk, Wrexham LL11 2SR3
£145K07/210.34 mi25, Gladwyn Road, Wrexham LL12 8BA3
£235K04/230.34 mi4, Burton Drive, Wrexham LL12 8BG3
£337.5K06/210.35 mi32, Sandringham Road, Wrexham LL11 2RE3
£166K01/210.35 mi8, Sandringham Road, Wrexham LL11 2RE3
£220K10/210.35 mi29, Buckingham Road, Wrexham LL11 2RH3
£200K03/210.35 mi20, Buckingham Road, Wrexham LL11 2RH3
£215K04/210.35 mi9, Ffordd Meirionydd, Wrexham LL11 2LA3
£165K08/210.36 mi43, Bluebell Estate, Pandy, Wrexham LL11 2UG3
£250K12/200.36 mi17, Egerton Walk, Wrexham LL11 2PY3
£290K06/230.36 mi8, Egerton Walk, Wrexham LL11 2PY3
£190K01/230.36 mi12, Smithy Lane, Wrexham LL12 8AR3
£162K01/210.37 mi19, Briarswood, Rhosrobin, Wrexham LL11 4PX3
£171K06/230.37 mi5, East View, Pandy, Wrexham LL11 2UE3
£147.5K05/210.38 mi4, Alyn Close, Wrexham LL11 2YH3
£280K03/230.38 mi16, Southleigh Drive, Wrexham LL11 2HZ3
£155K04/210.39 mi26, Smithy Lane, Wrexham LL12 8AR3
£215K07/230.39 mi8, Smithy Lane, Wrexham LL12 8AR3
£285K12/220.39 mi27, Glyndwr Road, Wrexham LL12 8DG3
£245K01/210.39 mi37, Glyndwr Road, Wrexham LL12 8DG3
£174K10/220.39 mi18, Smithy Lane, Wrexham LL12 8AR3
£215K07/230.4 mi27, Windermere Road, Wrexham LL12 8AG3
£275K10/210.4 mi22, Southleigh Drive, Wrexham LL11 2HZ3
£256.5K12/200.4 mi17, Southleigh Drive, Wrexham LL11 2HZ3
£299.9K12/210.41 mi52, Buckingham Road, Wrexham LL11 2RH3
£187K05/230.42 mi5, Bryn Y Glyn, Wrexham LL11 2HF3
£210K05/210.42 mi2, Haytor Road, Wrexham LL11 2PT3
£245K08/210.42 mi30, Haytor Road, Wrexham LL11 2PT3
£335K11/210.42 mi7, Glyn Avenue, Wrexham, Clwyd LL12 8DF3
£225K11/220.42 miDanalie, Rhosrobin Road, New Rhosrobin, Wrexham LL11 4RA3
£370K12/220.44 mi75, Sandway Road, Wrexham LL11 2RL3
£247.5K10/210.46 mi47, Sandway Road, Wrexham LL11 2RB3
£285K10/200.46 mi101, Chester Road, Wrexham LL11 2SH3
£205K10/210.46 mi29, Ffordd Lerry, Wrexham LL12 8JB3

Local Rents

14 rents from £695/mo to £1.8K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£72505/240.21 mi24 Kenyon Avenue, Wrexham, Wrexham (County of), LL11 2ST3
£89503/250.29 mi-3
£85005/240.52 mi105 Derwent Crescent, Wrexham, Wrexham (County of), LL12 7YW3
£90008/240.56 mi-3
£92505/240.81 miHardwick Drive, Gwersyllt, LL113
£1,10010/230.84 mi12 Maes Glyndwr, Plas Coch Road, Wrexham, Wrexham (County of), LL11 2BZ3
£82502/250.89 mi-3
£85002/250.89 mi-3
£1,10005/240.95 mi5 Thor Court, Jutland Grove, Gwersyllt3
£90005/241.05 mi-3
£1,75008/241.06 mi-3
£99512/241.06 miGlascoed Way, Wrexham3
£85012/241.08 mi-3
£69505/241.16 mi152 Rhosnesni Lane, Wrexham, LL13 9ES3

Local Area Statistics

Population in LL11

38,028

Population in Wrexham

134,792

Town centre distance

5.10 miles away

Nearest school

0.20 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £250,000

September 6, 2024

Floor Plans

Description

  • Three Bedroom Semi Detached +
  • Excellent Location +
  • Viewing Highly Recommended +
  • Extensive Garden to Rear +

Situated on this tree lined street, ideally located for easy access to Wrexham, local motorway networks, shops, schools and host of other day-to-day facilities. This three bedroom semi detached property sits on a generous sized plot and is in need of a degree of modernisation being predominantly UPVC double glazed with gas central heating. The internal accommodation comprises a porch entrance hall, a double aspect living/dining room, kitchen and a rear hall with a cloakroom WC off whilst the first floor landing offers access to two double bedrooms, a single bedroom and a three piece bathroom suite. Externally to the front of the property is a low maintenance garden with driveway leading to a detached garage and into the rear garden, which is predominantly lawn and shrub with paved patio areas.

Externally Front - Double gates open to a driveway which leads along the side of the property to a detached garage and alongside a gravel paved and shrub front garden.

Entrance Porch - Timber frame single glazed porch with a glazed door opening to the entrance hall.

Hallway - 4.11m x 1.73m (13'6 x 5'8 ) - With a UPVC double glazed window to the side elevation, radiator, stairs off rising to the first floor accommodation and doors off opening to the living/dining room and to the kitchen.

Living Room/ Dining Room - 7.85m x 3.48m (25'9 x 11'5) - Double aspect room with UPVC double glazed windows to front and rear elevations with radiators below and an electric fire with marble feature surround.

Kitchen - 5.97m x 2.24m max (19'7 x 7'4 max ) - The kitchen is fitted with wall, base and drawer units with work surface housing a stainless steel double drainer sink unit with mixer tap and tiled splashbacks, radiator, under stairs storage cupboard two UPVC double glazed windows to the side elevation, an airing cupboard and floor standing boiler and glazed door opening to the rear hall.

Rear Hall - UPVC double glazed back door and door opening to the cloakroom WC.

Cloakroom Wc - WC Partially tiled with an opaque UPVC double glazed window facing the rear elevation.

First Floor Landing - UPVC double glazed window to the side elevation, over stairs cupboard, access to the loft and doors off leading to all three bedrooms and the family bathroom.

Bedroom One - 3.84m x 3.05m (12'7 x 10' ) - With fitted double wardrobes and luggage cupboards above, a UPVC double glazed window facing the front elevation with a radiator below.

Bedroom Two - 3.18m x 3.05m (10'5 x 10') - A built in cupboard, two fitted wardrobes with a luggage cupboard canopy, a UPVC double glazed window facing the rear elevation with a radiator below.

Bedroom Three - 2.21m x 2.01m (7'3 x 6'7 ) - Furnished with fitted wardrobes and a dressing table, , UPVC double glazed window facing the front elevation with radiator below.

Bathroom - Installed with the three piece suite comprising a panel bath with mixer tap and shower extension along with a protective screen, low level WC, pedestal wash hand basin, radiator, fully tiled walls and two opaque UPVC double glazed windows facing the rear elevation.

Rear Garden - The garden is of a generous size with a paved patio area lawn garden with shrub borders paved pathway, timber shed and side light.

Garage - A detached garage with double timber doors, power and light, single glazed timber frame windows to rear and side elevations and side access door.

Services - The agents have not tested any of the appliances listed in the particulars.

Viewings - Strictly by prior appointment with Town & Country Wrexham on .

To Make An Offer - If you would like to make an offer, please contact a member of our team who will assist you further.

Mortgage Advice - Town and Country can refer you to Gary Jones Mortgage Consultant who can offer you a full range of mortgage products and save you the time and inconvenience for trying to get the most competitive deal to meet your requirements. Gary Jones Mortgage Consultant deals with most major Banks and Building Societies and can look for the most competitive rates around to suit your needs. For more information contact the Wrexham office on .
Gary Jones Mortgage Consultant normally charges no fees, although depending on your circumstances a fee of up to 1.5% of the mortgage amount may be charged. Approval No. H110624
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Additional Information - We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

Agent Details

Town & Country Estate Agents, Wrexham

01978 804445

Next Steps?

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