3 Bed Bungalow, Refurb/BRRR, Wrexham, LL12 8NQ, £295,000

Bodwyn Crescent, Gresford, Wrexham, LL12 8NQ - 3 months ago

Sold STC
Refurb/BRRR
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£156K - £475K
Sold Prices/m²£1.8K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£238,278

 

 

End Value (After Refurb)

£281,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£18,200

Refurb Costs

£37,989

Bridging Loan Interest

£7,744

Total Cash In

£139,433

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£281,000

Mortgage (After Refinance)

£210,750

Mortgage LTV

75%

Cash Left In

£139,433

Equity

£70,250

Rent Range

£595 - £1,750

Rent Estimate

£1,003

Running Costs/mo

£1,099

Cashflow/mo

£-96

Cashflow/yr

£-1,149

Gross Yield

4%

Local Sold Prices

38 sold prices from £156K to £475K, average is £250K. £1.8K/m² to £4.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£290K12/230.03 mi20, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ3
£235K06/230.03 mi77, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ3
£320K08/230.03 mi2, Bodwyn Crescent, Gresford, Wrexham LL12 8NQ3
£250K11/220.04 mi11, Bodwyn Park, Gresford, Wrexham LL12 8NP3
£205K11/220.13 mi20, Annefield Park, Gresford, Wrexham LL12 8NS3
£252K11/200.14 mi4, Annefield Park, Gresford, Wrexham LL12 8NS3
£156K08/230.14 mi23, Annefield Park, Gresford, Wrexham LL12 8NS3
£245K04/230.16 mi11, Nayland Avenue, Gresford, Wrexham LL12 8YU3
£250K11/220.16 mi20, Nayland Avenue, Gresford, Wrexham LL12 8YU3
£165K04/210.17 mi35, Narrow Lane, Gresford, Wrexham LL12 8EH3
£218K04/230.17 mi29, Narrow Lane, Gresford, Wrexham LL12 8EH3
£240K06/230.18 mi5, Chestnut Close, Gresford, Wrexham LL12 8ER3
£307K04/230.21 mi18, Pant Olwen, Gresford, Wrexham LL12 8ES3
£227K04/210.22 miRose Cottage, Narrow Lane, Gresford, Wrexham LL12 8EN3
£160K03/210.22 mi9, Poplar Avenue, Gresford, Wrexham LL12 8EP3
£160K03/210.22 mi9, Poplar Avenue, Gresford, Wrexham LL12 8EP3
£160K03/210.22 mi9, Poplar Avenue, Gresford, Wrexham LL12 8EP3
£227K04/210.22 miRose Cottage, Narrow Lane, Gresford, Wrexham LL12 8EN3
£171.5K03/210.22 mi5, Poplar Avenue, Gresford, Wrexham LL12 8EP3
£240K05/210.28 mi4, Maxwell Close, Gresford, Wrexham LL12 8UD3
£202.5K04/210.28 mi13, Maxwell Close, Gresford, Wrexham LL12 8UD3
£265K04/210.28 mi2, Oak Drive, Marford, Wrexham LL12 8XT3
£220K10/230.32 mi12, Winchester Way, Gresford, Wrexham LL12 8HG3
£230K06/210.33 mi3, Farriers Walk, Gresford, Wrexham LL12 8PH3
£385K10/210.33 miThe Croft, High Street, Gresford, Wrexham LL12 8PS3
£281K05/230.34 mi11, Sycamore Drive, Marford, Wrexham LL12 8XU3
£190K06/210.35 mi42, Winchester Way, Gresford, Wrexham LL12 8HL3
£305K04/210.36 mi24, Gorse Crescent, Marford, Wrexham LL12 8LZ3
£260K09/210.37 mi7, Greythorne Close, Gresford, Wrexham LL12 8HS3
£320K11/220.4 mi30, Greenway View, Gresford, Wrexham LL12 8HR3
£325K11/230.4 miApexia, Pant Lane, Gresford, Wrexham LL12 8SG3
£280K12/210.41 mi2, Juniper Close, Marford, Wrexham LL12 8XH3
£290K06/210.5 mi51, Stancliffe Avenue, Marford, Wrexham LL12 8LN3
£335K09/230.54 miIngledene, Wynnstay Lane, Marford, Wrexham LL12 8LF3
£290K01/210.64 mi11, Woodridge Avenue, Marford, Wrexham, Clwyd LL12 8SU3
£330K10/230.66 mi72, Woodridge Avenue, Marford, Wrexham LL12 8SS3
£265K11/200.66 mi40, Woodridge Avenue, Marford, Wrexham LL12 8SS3
£475K07/230.72 mi10, Sunnyridge Avenue, Marford, Wrexham LL12 8TE3

Local Rents

42 rents from £595/mo to £1.8K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£65012/240.12 mi46A Chester road. Gresford LL12 8NE2
£89505/240.12 miTrewythan Cottage, Vicarage Lane, Gresford, Wrexham2
£75012/240.22 mi-2
£95012/240.29 miPant Lane, Gresford, Wrexham, LL123
£80005/240.33 mi4 Lake View, High Street, Gresford, LL12 8PU 2
£1,50012/240.48 miChapel Fields, Pont-Y-Capel Lane4
£1,20012/241.03 miMarford Hill, LL122
£79508/231.03 mi-3
£1,50005/241.24 miGarston Fields, Llay, LL124
£77505/241.33 miApartment 1 above Croes howell, Nr Rossett, LL12 0NY1
£90005/241.33 miApartment 3 Croes howell, Nr Rossett, LL12 0NY2
£65008/231.45 mi-2
£1,27512/241.53 mi-3
£90005/241.53 miThird Avenue, Llay3
£1,45002/251.73 mi-2
£1,45002/251.73 mi-2
£1,75008/241.86 mi-3
£59502/251.86 mi-2
£72505/241.86 mi24 Kenyon Avenue, Wrexham, Wrexham (County of), LL11 2ST3
£1,65012/241.9 miHarwoods Lane, Rossett5
£1,20011/241.96 mi-3
£1,40012/241.98 miThe Green, Rossett3
£85005/241.99 mi105 Derwent Crescent, Wrexham, Wrexham (County of), LL12 7YW3
£90008/242.01 mi-3
£69505/242.04 mi152 Rhosnesni Lane, Wrexham, LL13 9ES3
£1,30012/242.04 miBorras Hall Lane, Llan-Y-Pwll, Wrexham4
£89503/252.06 mi-3
£1,25005/242.08 mi-3
£1,19512/242.08 mi-3
£1,25005/242.08 miFairmount Road, Wrexham, LL133
£95005/242.1 miWoburn Close, Wrexham3
£75012/242.12 mi-2
£85012/242.19 miCorner House Farm, Rossett, LL123
£92505/242.22 miHardwick Drive, Gwersyllt, LL113
£89510/232.24 mi1 Corner Cottages, Rossett Road, Trevalyn, LL12 0ER2
£75005/242.3 mi21 Halstonwood Close, Wrexham, LL13 9XD2
£85012/242.34 mi-3
£1,10005/242.4 mi5 Thor Court, Jutland Grove, Gwersyllt3
£82502/252.44 mi-2
£82512/242.44 miShaftesbury Avenue, Gwersyllt, LL112
£65012/242.47 mi-2
£67501/252.47 mi-2

Local Area Statistics

Population in LL12

28,275

Population in Wrexham

134,792

Town centre distance

6.84 miles away

Nearest school

0.40 miles away

Nearest train station

2.26 miles away

 

 

Rental growth (12m)

+79%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £295,000

December 9, 2024

Description

  • DETACHED BUNGALOW +
  • GOOD SIZED REAR GARDEN +
  • IN NEED OF SOME MODERNISATION +
  • GARAGE & WORKSHOP TO REAR +
  • HIGHLY DESIRABLE AREA +

Located in this highly desirable village this detached three bedroom bungalow enjoys the benefits of modern Worcester combination boiler and UPVC double glazing. The property comprises an entrance hall living/dining room, kitchen/breakfast room and an inner hallway which offers access to a modern three-piece bathroom suite and to three double bedrooms. Externally to the front of the property is concrete off parking with gated side access both to the rear garden and access to a detached garage with a workshop to the rear. The rear garden itself is predominately laid to lawn and golden gravel with a paved patio area and scattering of mature plants trees and shrubs.

Externally Front - To the front of the property is ample printed concrete off-road parking with well stocked shrub borders and timber gate access leading to the rear garden and the side of the property. Double timber gates open to further patio and concrete and a covered seating area along with access to the garage and workshop.

Entrance Hall - The property is entered through an opaque UPVC double glazed door which opens to an entrance hall with a radiator, a glazed door opening to the living room, a glazed door opening to the kitchen/breakfast room and a further glazed door opening to the inner hallway.

Living Room - 3.78m x 3.30m (12'5 x 10'10 ) - With two windows to the front elevation with radiators below and having a feature fire surround.

Kitchen - 4.57m x 4.01m max (14'11" x 13'1" max) - An L shaped room with Windows to front and rear and side elevations, a UPVC leaded and stain glass door opening to the side elevation of the property and fitted with a range of light wood grain wall, base and drawer units. Work surfaces housing stainless steel one and a half bowl sink unit with mixer tap and tiled splashback. Integrated appliances include a stainless steel oven, stainless steel microwave and grill, stainless steel hob with extractor hood above and fridge/freezer.

Inner Hall - Doors off opening to the bathroom and all three bedrooms and a built-in cupboard housing Worcester gas combination boiler.

Bathroom - 2.34m x 1.68m (7'8 x 5'6 ) - Installed with a spa panel bath with thermostatic shower above, a vanity unit housing a dual flush low level WC and wash hand basin, fully tiled walls and a chrome heated towel rail.

Bedroom One - 3.78m x 2.74m (12'5 x 9' ) - With a window facing the rear elevation and radiator below.

Bedroom Two - 3.53m x 2.74m (11'7 x 9' ) - Fitted with wardrobes and luggage cupboards above and a window facing the rear elevation with a radiator below.

Bedroom Three - 2.87m x 2.34m (9'5 x 7'8 ) - Having a window facing the side elevation and a radiator.

Garage - 65.84m x 2.46m (216 x 8'1 ) - Accessed from the side of the property through double timber doors to the front or a single timber door to the outside with power and light and a workshop to the rear.

Workshop - 3.05m x 3.56m (10' x 11'8 ) - With an single glazed window to the rear and a UPVC double glazed patio door which opens to the rear garden.

Rear Garden - The rear garden has a paved patio area is lawn and golden gravel with a scattering of shrubs and mature plants and trees enclosed by combination of timber fence panels and hedging.

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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