2 Bed Bungalow, Refurb/BRRR, Wrexham, LL12 8HP, £219,950





ValuationOvervalued
Sold Prices | £117.5K - £270.5K |
Sold Prices/m² | £1.4K/m² - £4.3K/m² |
| |
Square Metres | ~55.11 m² |
Price/m² | £4K/m² |
Value Estimate | £161,774 |
| |
End Value (After Refurb) | £190,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £54,988 |
Stamp Duty & Legal Fees | £12,198 |
Refurb Costs | £22,512 |
Bridging Loan Interest | £5,774 |
Total Cash In | £97,220 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £190,000 |
Mortgage (After Refinance) | £142,500 |
Mortgage LTV | 75% |
Cash Left In | £97,220 |
Equity | £47,500 |
Rent Range | £595 - £4,100 |
Rent Estimate | £1,096 |
Running Costs/mo | £833 |
Cashflow/mo | £263 |
Cashflow/yr | £3,156 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
31 sold prices from £117.5K to £270.5K, average is £183K. £1.4K/m² to £4.3K/m², average is £2.9K/m².
Local Rents
40 rents from £595/mo to £4.1K/mo, average is £900/mo.
Local Area Statistics
Population in LL12 | 28,275 |
Population in Wrexham | 134,792 |
Town centre distance | 7.05 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 2.27 miles away |
| |
Rental growth (12m) | +79% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +26% |
Property History
Price changed to £219,950
January 31, 2025
Listed for £230,000
October 30, 2024
Floor Plans

Description
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