Potential 4-Bed HMO, Wrexham, LL11 2EA, £145,000

New Road, Wrexham, LL11 2EA - 31 views - 5 months ago

HMO
ROI: 24%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£95K - £370K
Sold Prices/m²£955/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£184,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,700

Total Cash In

£41,950

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£2,220

Running Costs/mo

£1,347

Cashflow/mo

£873

Cashflow/yr

£10,478

ROI

25%

Gross Yield

18%

Local Sold Prices

50 sold prices from £95K to £370K, average is £188.5K. £955/m² to £4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£119K12/220.03 mi3, Mawddwy Avenue, Wrexham LL11 2ER3
£170K04/230.09 mi13, Morgan Avenue, Wrexham LL11 2ED3
£152.5K11/210.1 mi12, Morgan Avenue, Wrexham LL11 2ED3
£180K12/220.13 mi11, Grange Avenue, Wrexham LL11 2EF3
£150K04/230.16 mi11, Stansty Road, Wrexham LL11 2HR3
£210K11/210.18 mi1, Greenfield, Rhosddu, Wrexham LL11 2NR3
£160K09/210.23 mi15, Clarence Road, Wrexham LL11 2EU3
£200K06/210.24 mi44, Spring Road, Rhosddu, Wrexham LL11 2LU3
£203K03/210.25 mi2, Spring Gardens, Wrexham LL11 2NX3
£182.9K01/210.25 mi16, Spring Gardens, Wrexham LL11 2NX3
£195K12/220.25 mi17, Spring Gardens, Wrexham LL11 2NX3
£180K12/220.27 mi16, Acton Road, Rhosddu, Wrexham LL11 2NA3
£95K11/210.27 mi18, Cunliffe Street, Rhosddu, Wrexham LL11 2LY3
£370K12/220.27 mi75, Sandway Road, Wrexham LL11 2RL3
£157K08/210.28 mi9, Cunliffe Street, Rhosddu, Wrexham LL11 2LY3
£257.5K12/210.29 mi33, Sandway Road, Wrexham LL11 2RB3
£299.9K12/210.29 mi52, Buckingham Road, Wrexham LL11 2RH3
£247.5K10/210.3 mi47, Sandway Road, Wrexham LL11 2RB3
£128K07/210.3 mi21, Cross Street, Wrexham LL11 2LS3
£275K10/210.32 mi22, Southleigh Drive, Wrexham LL11 2HZ3
£256.5K12/200.32 mi17, Southleigh Drive, Wrexham LL11 2HZ3
£280K03/230.34 mi16, Southleigh Drive, Wrexham LL11 2HZ3
£135K12/200.36 mi11, The Pines, Wrexham LL12 7HB3
£210K05/210.36 mi2, Haytor Road, Wrexham LL11 2PT3
£245K08/210.36 mi30, Haytor Road, Wrexham LL11 2PT3
£220K10/210.36 mi29, Buckingham Road, Wrexham LL11 2RH3
£200K03/210.36 mi20, Buckingham Road, Wrexham LL11 2RH3
£166K02/210.37 mi1, Cilcen Grove, Wrexham LL12 7EU3
£95K09/210.38 mi96, Vernon Street, Wrexham LL11 2LN3
£187K05/230.38 mi5, Bryn Y Glyn, Wrexham LL11 2HF3
£310K11/200.38 mi3, Acton Gate, Wrexham LL11 2PP3
£165K03/230.39 mi93, Acton Park Way, Wrexham LL12 7LF3
£134.5K01/210.39 mi65, Acton Park Way, Wrexham LL12 7LF3
£337.5K06/210.39 mi32, Sandringham Road, Wrexham LL11 2RE3
£166K01/210.39 mi8, Sandringham Road, Wrexham LL11 2RE3
£154K09/220.41 mi96, Chester Road, Wrexham LL12 7YS3
£215K04/210.43 mi9, Ffordd Meirionydd, Wrexham LL11 2LA3
£186K06/210.44 mi25, Northleigh Grove, Wrexham LL11 2HQ3
£260K10/200.44 mi32, Northleigh Grove, Wrexham LL11 2HQ3
£210K10/210.44 mi7, Northleigh Grove, Wrexham LL11 2HQ3
£137K12/200.46 mi14, St Margaret Way, Wrexham LL12 7YP3
£285K10/200.46 mi101, Chester Road, Wrexham LL11 2SH3
£209.9K03/210.47 mi25, Windsor Drive, Wrexham LL11 2BD3
£236K06/210.47 mi20, Windsor Drive, Wrexham LL11 2BD3
£182.3K08/230.48 mi26, The Beeches, Wrexham LL12 7BL3
£183K03/210.49 mi1, Gloucester Drive, Wrexham LL11 2BE3
£160K03/230.5 mi33, St Margaret Way, Wrexham LL12 7YP3
£149.9K03/210.5 mi5, St Margaret Way, Wrexham LL12 7YP3
£190K10/230.5 mi49, St Margaret Way, Wrexham LL12 7YP3
£208K01/230.5 mi1, Yale Grove, Wrexham LL12 7HP3

Local Area Statistics

Population in LL11

38,028

Population in Wrexham

134,792

Town centre distance

4.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £145,000

March 4, 2025

Price changed to £150,000

January 23, 2025

Price changed to £140,000

December 4, 2024

Listed for £150,000

October 24, 2024

Floor Plans

Description

  • Chain Free +
  • Ideal Investment Opportunity +
  • Two Reception Rooms +
  • Three Double Bedroom +
  • Log Burner +
  • Loft Space +
  • Downstairs W.C +
  • Spacious Outdoor Area +
  • Possible HMO +
  • Double Garage and Store Room +

Welcome to this expansive and extended Victorian three-bedroom end-of-terrace house, perfectly situated just a short walk from Wrexham town centre. While the property offers great potential for updates, it features generous living spaces, including an extended kitchen, two spacious reception rooms, a convenient downstairs WC, and three large double bedrooms.

Outside, you'll find a substantial 23-foot garden, a workshop, and a double garage with additional side parking. This property presents an excellent opportunity for an ideal HMO, given its proximity to the university, or as a comfortable family home.

Front Porch
Welcoming UPVC double-glazed entrance door.

Hall
Bright entryway with staircase to the first floor, leading to:

Living Room 3.89m x 3.17m (12'9" x 10'5", including bay window)
Inviting space filled with natural light, featuring a UPVC double-glazed bay window, radiator, and charming fireplace with open fire. Sliding glazed doors lead into the:

Sitting Room 5.24m x 3.1m (17'2" x 10'2")
Generous space with log burner on raised hearth, panelled radiator, and window into the lean-to. Door leads into the kitchen.

Kitchen-Dining Room 5.25m x 3.1m (17'3" x 10'2")
Extended room with UPVC window at the rear and glazed window into side porch. Includes a range of base and wall units, freestanding electric oven, extractor fan, partial tiled and vinyl flooring, plus access to the downstairs WC and side porch.

Downstairs WC
Equipped with pedestal wash basin, WC, and tiled flooring.

Side Porch
UPVC door to the rear garden, with plumbing and space for a washing machine, plus a radiator.

Landing
Access to all first-floor rooms and the converted loft space.

Bedroom 1 3.94m x 3.3m (12'11" x 10'10")
Well-proportioned room with two UPVC windows at the front and a radiator.

Bedroom 2 3.31m x 2.77m (10'10" x 9'1")
Bright and airy with a UPVC double-glazed window to the side.

Bedroom 3 3.29m x 2.77m (10'10" x 9'1")
Cozy room featuring a UPVC double-glazed window to the rear, radiator, and storage cupboard with combi boiler.

Shower Room 2.5m x 1.7m (8'2" x 5'7")
Fitted with WC, pedestal wash basin, step-in shower cubicle, chrome heated towel rail, and obscured UPVC window to the rear.

Loft 5.35m x 3.96m (17'7" x 13'0")
Features two Velux windows, ample eaves storage, electric heater, and tongue-and-groove wood panelling—great potential for various uses.

Front Garden
Gated access, low boundary wall, and small garden area.

Rear Garden
Enclosed by brick walls, this lovely outdoor space includes a patio area, lawn, timber shed, and a paved pathway leading to the workshop and garage. The expansive 23-foot garden offers significant enhancement potential, with a large covered storage area leading to the garage.

Garage 4.41m x 4.41m (14'6" x 14'6")
Spacious double garage featuring an up-and-over door, storage space, and power. Door connects to the covered workshop area.

Storage Area 4.8m x 2.70m (15'9" x 8'10")
Accessible through a door leading to the garden, providing additional utility space.

Location Benefits
Nestled on the outskirts of Wrexham town centre, this home offers convenient access to local shops, leisure facilities, and public transport. Rhosddu Primary School is just a short stroll away, and a nearby gym with a swimming pool enhances your fitness options. The university is also a quick drive from the property. With excellent road links to the A483 bypass, commuting to Chester and Shropshire is straightforward and efficient.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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