3 Bed Semi-Detached House, Refurb/BRRR, Wrexham, LL12 8BL, £250,000

33 Frances Avenue, Wrexham, LL12 8BL - 3 views - a month ago

Refurb/BRRR
ROI: 1%
80 m²
+8 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£32,679

Bridging Loan Interest

£6,563

Total Cash In

£112,192

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£220,000

Mortgage (After Refinance)

£165,000

Mortgage LTV

75%

Cash Left In

£112,192

Equity

£55,000

Rent Range

£695 - £1,750

Rent Estimate

£1,044

Running Costs/mo

£916

Cashflow/mo

£128

Cashflow/yr

£1,532

ROI

1%

Gross Yield

5%













Local Rents

16 rents from £695/mo to £1.8K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£72505/240.26 mi24 Kenyon Avenue, Wrexham, Wrexham (County of), LL11 2ST3
£85005/240.44 mi105 Derwent Crescent, Wrexham, Wrexham (County of), LL12 7YW3
£90008/240.48 mi-3
£89503/250.57 mi-3
£1,75008/240.82 mi-3
£82502/250.93 mi-3
£85002/250.93 mi-3
£69505/240.94 mi152 Rhosnesni Lane, Wrexham, LL13 9ES3
£85012/240.97 mi-3
£1,10010/231.01 mi12 Maes Glyndwr, Plas Coch Road, Wrexham, Wrexham (County of), LL11 2BZ3
£1,20011/241.02 mi-3
£92505/241.09 miHardwick Drive, Gwersyllt, LL113
£1,25005/241.23 mi-3
£1,19512/241.23 mi-3
£1,25005/241.23 miFairmount Road, Wrexham, LL133
£1,10005/241.24 mi5 Thor Court, Jutland Grove, Gwersyllt3

Local Area Statistics

Population in LL12

28,275

Population in Wrexham

134,792

Town centre distance

5.24 miles away

Nearest school

0.30 miles away

Nearest train station

1.17 miles away

 

 

Rental growth (12m)

+79%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £250,000

January 30, 2025

Floor Plans

Description

  • Well presented semi detached house +
  • Popular residential area +
  • Open fronted porch, hallway +
  • Lounge +
  • Dining room +
  • Newly fitted kitchen +
  • Three bedrooms +
  • Newly fitted bathroom +
  • Private driveway, garage +
  • Garden to rear +

Presented in excellent order following a scheme of modernisation is this 3 bedroom semi detached house with private driveway conveniently located just off Chester Road having a range of amenities, schools and bus service close by. The accommodation has the benefit of a new central heating system, new electrics, new kitchen, new bathroom and new decoration and briefly comprises an open fronted porch, Upvc double glazed door opening to the hall with stairs to 1st floor landing and store cupboard below, lounge overlooking the rear garden and double doors opening to the dining room and a new shaker style fitted kitchen. The 1st floor landing connects the 3 bedrooms and the bathroom. The 2 double bedrooms are well proportioned and the bathroom is newly appointed with a white suite including shower over the bath. Externally, a block paved drive provides parking and guest parking and leads to a timber built garage. The rear garden includes two patio areas and a lawn. NO CHAIN. Energy Rating - E (53)

Location - Conveniently located on the outskirts of Wrexham City Centre in an established and popular residential area benefiting from a range of shopping facilities and social amenities within walking distance as well as a good catchment area for both primary and secondary schools. There are excellent road links to the A483 by-pass which links Wrexham, Chester and Oswestry and therefore provides daily commuting to the major commercial and industrial centres of the region. There is a regular public transport service that operates from the nearby Chester Road and the picturesque Acton Park, centred around a fishing lake is within close proximity.

Directions - From Wrexham proceed along Chester Street into Chester Road for approx. 1 ½ miles passing the Acton Public House on the right. Proceed past the Garden Village shops and descend the hill, take the right into Newbridge Road and then left into Francis Avenue where the property will be observed on the left.

On The Ground Floor - Open fronted porch with upvc part glazed door that opens into the:

Entrance Hall - Having stairs to first floor landing, radiator, upvc double glazed window to side and useful understairs storage cupboard with upvc double glazed window.

Lounge - 13'5 x 10'5 - Upvc double glazed window overlooking the rear garden, radiator, double sliding doors open to the:

Dining Room - 11'1 x 11'0 - Upvc double glazed window to front, recessed shelving within former chimney breast, radiator and internal door into the hallway.

Kitchen - 4.65m x 1.73m (15'3 x 5'8) - Appointed with a new stylish range of base and wall cupboards complimented by work surface areas incorporating a stainless steel single drainer sink unit with mixer tap and upvc double glazed window above, four ring electric hob with oven/grill below and stainless steel extractor above, new gas combination boiler, radiator, upvc double glazed window overlooking the rear garden, upvc part glazed external door, part tiled walls, tiled flooring and plumbing for washing machine.

On The First Floor - Approached via the staircase from the entrance hall to:

Landing - With upvc double glazed window, gallery over stairwell, ceiling hatch to roof space and four panel doors off to all rooms.

Bedroom One - 4.04m x 2.79m (13'3 x 9'2) - Upvc double glazed window overlooking the rear garden and radiator.

Bedroom Two - 3.25m x 3.23m (10'8 x 10'7) - Upvc double glazed window and radiator.

Bedroom Three - 2.31m x 1.83m (7'7 x 6'0) - Upvc double glazed window to front and radiator.

Bathroom - 2.36m x 2.21m (7'9 x 7'3) - A new white suite of pedestal wash basin with mixer tap, close coupled w.c, bath with mains thermostatic shower and splash screen, radiator, upvc double glazed window, part tiled walls and extractor fan.

Outside - The property is approached along a block paved private driveway providing parking to both front and side which continues to a timber built detached garage/workshop. The rear garden is mainly lawned and includes two patio areas to enjoy the afternoon and evening sunshine.

Agent Details

Wingetts, Wrexham

01978 803660

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪