2 Bed Flat, Single Let, Wrexham, LL13 8DQ, £110,000

Bentley Place, Rivulet Road, Wrexham, LL13 8DQ - 3 views - 3 months ago

Sold STC

Leasehold

BTL

ROI: 6%

~68 m²

+3 photos

ValuationOvervalued

Sold Prices	£66K - £231K
Sold Prices/m²	£1.1K/m² - £3.4K/m²

Square Metres	~68.11 m²
Price/m²	£1.6K/m²
Value Estimate	£106,882£106,882

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£27,500£27,500
Stamp Duty & Legal Fees	£4,500£4,500
Total Cash In	£32,000£32,000

Cash Out
Rent Range	£595 - £925£595 - £925
Rent Estimate	£641
Running Costs/mo	£492£492
Cashflow/mo	£149£149
Cashflow/yr	£1,789£1,789
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

33 sold prices from £66K to £231K, average is £101K. £1.1K/m² to £3.4K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£91K	05/21	0.01 mi	39, Bentley Place, Wrexham LL13 8DQ	£1,653	55	2	Flat
£115K	04/24	0.01 mi	2, Bentley Place, Wrexham LL13 8DQ	£2,267	51	2	Flat
£100K	06/23	0.01 mi	1, Bentley Place, Wrexham LL13 8DQ	£1,852	54	2	Flat
£141K	12/23	0.38 mi	Tuttle Street Brewery, Apartment 10, Tuttle Street, Wrexham LL13 7AA	£2,350	60	2	Flat
£138K	09/22	0.38 mi	Apartment 9, Tuttle Street Brewery, Tuttle Street, Wrexham LL13 7AA	-	-	2	Flat
£136K	10/22	0.39 mi	Apartment 7, Tuttle Street Brewery, Tuttle Street, Wrexham LL13 7AA	-	-	2	Flat
£105K	11/22	0.47 mi	68, Stockwell Grove, Wrexham LL13 7HL	£1,458	72	2	Flat
£86K	04/22	0.48 mi	76, Stockwell Grove, Wrexham LL13 7HL	£1,265	68	2	Flat
£82K	04/24	0.58 mi	7, Waterloo Close, Wrexham LL13 7HQ	£1,143	72	2	Flat
£75K	01/21	0.59 mi	150, Stockwell Grove, Wrexham LL13 7HJ	£1,056	71	2	Flat
£88K	01/21	0.65 mi	35, Y Werddon, Wrexham LL13 7LT	£1,275	69	2	Flat
£96K	12/22	0.72 mi	1, St Giles Court, Wrexham LL13 7NR	£1,500	64	2	Flat
£82K	06/21	0.79 mi	5, Russell Grove, Wrexham LL12 7DG	£1,316	62	2	Flat
£82K	06/21	0.79 mi	5, Russell Grove, Wrexham LL12 7DG	£1,316	62	2	Flat
£102K	03/23	0.83 mi	13, Lorne Street, Wrexham LL11 2LR	£1,700	60	2	Flat
£110K	01/22	1.01 mi	112, Rhosnesni Lane, Wrexham LL12 7NB	-	-	2	Flat
£101K	04/23	1.05 mi	164, Rhosnesni Lane, Wrexham LL13 9ES	-	-	2	Flat
£76.5K	11/20	1.07 mi	16, The Laurels, Wrexham LL12 7NW	£1,471	52	2	Flat
£122K	02/24	1.08 mi	68a, Dean Road, Wrexham LL13 9EH	£1,937	63	2	Flat
£125K	10/23	1.08 mi	48, Elm Grove, Acton, Wrexham LL12 7NR	£2,016	62	2	Flat
£96.7K	12/22	1.1 mi	26, Langford Close, Wrexham LL13 9EX	£1,306	74	2	Flat
£101.5K	04/22	1.21 mi	5, Aldford Way, Wrexham LL12 7UU	£1,587	64	2	Flat
£110K	03/21	1.21 mi	3, Aldford Way, Wrexham LL12 7UU	£1,897	58	2	Flat
£66K	07/21	1.21 mi	165, Herbert Jennings Avenue, Wrexham LL12 7YB	£1,158	57	2	Flat
£112.5K	12/22	1.21 mi	163, Herbert Jennings Avenue, Wrexham LL12 7YB	£1,500	75	2	Flat
£127K	11/22	1.22 mi	165, Herbert Jennings Avenue, Wrexham LL12 7YB	£2,228	57	2	Flat
£102K	01/21	1.22 mi	2, Tapley Avenue, Wrexham LL12 7UY	£1,569	65	2	Flat
£102K	01/21	1.22 mi	2, Tapley Avenue, Wrexham LL12 7UY	£1,569	65	2	Flat
£88K	01/21	1.24 mi	162, Herbert Jennings Avenue, Wrexham LL12 7YD	£1,313	67	2	Flat
£96K	11/22	1.52 mi	11, Pendinas, Wrexham LL11 3BQ	£1,793	54	2	Flat
£231K	04/21	1.64 mi	45, Snowdon Drive, Wrexham LL11 2YD	£3,449	67	2	Flat
£82.5K	08/22	1.79 mi	9, Britannia Close, Rhostyllen, Wrexham LL14 4BX	£1,587	52	2	Flat
£93.6K	11/20	1.83 mi	3, Trinity Close, Rhostyllen, Wrexham LL14 4AQ	£1,216	77	2	Flat

Local Rents

16 rents from £595/mo to £925/mo, average is £788/mo.

Rent	Date	Distance	Address	Beds	Type
£895	05/24	0.01 mi	-	2	Flat
£925	03/25	0.01 mi	-	2	Flat
£850	05/24	0.17 mi	Smithfield Road, Wrexham	2	Terraced House
£650	12/24	0.24 mi	1 Wynnstay Apartments, Corunna Court,Wrexham,LL13 8RF	2	Flat
£750	05/24	0.26 mi	Corunna Court, Wrexham, LL13	2	Flat
£825	05/24	0.27 mi	Corunna Court, Wrexham	2	Flat
£675	12/24	0.27 mi	-	2	Flat
£675	10/24	0.27 mi	-	2	Flat
£750	05/24	0.28 mi	Corunna Court, Wrexham	2	Flat
£825	05/24	0.32 mi	Kings Mills Wrexham	2	Detached House
£595	10/23	0.47 mi	-	2	Flat
£750	05/24	0.48 mi	-	2	Terraced House
£850	07/23	0.51 mi	-	2	Flat
£850	07/23	0.51 mi	-	2	Flat
£895	07/24	0.51 mi	-	2	Flat
£625	12/24	0.59 mi	31 Wellington Road, Wrexham, Wrexham (County of), LL13 7PF	2	Terraced House

Local Area Statistics

Population in LL13	34,88834,888
Population in Wrexham	134,792134,792
Town centre distance	4.03 miles away4.03 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.71 miles away0.71 miles away

Rental growth (12m)	+5%+5%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+4%+4%

Property History

Listed for £110,000

December 11, 2024

Floor Plans

Description

2 bedroom First Floor Apartment +
Gas Central Heating +
Balcony +
Allocated Parking +
Central Location +
EPC Rating TBC +
- Leasehold 999 years from 1st October 2006 +
- Service change and management fees (paramount) £108.50 per month +

Modern 2-Bedroom First-Floor Apartment with Balcony and Parking, close to the City Centre!

This stylish 2-bedroom apartment is perfectly located within a select city centre development, offering contemporary living with the added benefits of a private balcony and allocated parking. Ideal for first-time buyers or investors, this property combines convenience and comfort in a sought-after location.

The entrance hall leads into a spacious open-plan lounge and kitchen area. The modern kitchen is fitted with a range of base and wall units, integrated appliances including a built-in oven, hob, and hood, complemented by work surfaces and partly tiled walls. The lounge area flows seamlessly onto a private balcony, providing a perfect space to relax or entertain.

The apartment features two well-proportioned bedrooms, ideal for comfortable living or versatile use, and a bathroom fitted with a contemporary suite for added convenience.

Situated in a prime city centre location with easy access to amenities, transport links, and entertainment, this property is an excellent opportunity for urban living or as a buy-to-let investment. Viewing is highly recommended to appreciate all this fantastic apartment has to offer!