2 Bed Flat, Single Let, Wrexham, LL11 5FN, £120,000

Lamberton Drive, Wrexham, LL11 5FN - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£59K - £447K
Sold Prices/m²£875/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£106,349

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£595 - £895

Rent Estimate

£628

Running Costs/mo

£521

Cashflow/mo

£107

Cashflow/yr

£1,289

ROI

4%

Gross Yield

6%

Local Sold Prices

29 sold prices from £59K to £447K, average is £96K. £875/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£95K05/230 mi9, Lamberton Drive, Brymbo, Wrexham LL11 5FN2
£158K11/200 mi60, Lamberton Drive, Brymbo, Wrexham LL11 5FN2
£88K11/220.12 mi1, John Wilkinson Court, Brymbo, Wrexham LL11 5HJ2
£89K03/210.15 mi8, Chariot Drive, Brymbo, Wrexham LL11 5FE2
£89K03/210.15 mi8, Chariot Drive, Brymbo, Wrexham LL11 5FE2
£110K12/220.2 mi33, Ingot Close, Brymbo, Wrexham LL11 5FB2
£105K11/220.2 mi27, Ingot Close, Brymbo, Wrexham LL11 5FB2
£85K08/220.27 mi4, Meadow View, Tanyfron, Wrexham LL11 5TP2
£210K10/210.59 mi7, Nant Court, Brymbo, Wrexham LL11 5BH2
£91K11/220.77 mi19, Bank Street, Southsea, Wrexham LL11 5PE2
£83K02/211.15 mi28, Aldergrove Place, Coedpoeth, Wrexham LL11 3NZ2
£447K03/211.21 miBron Offa, Bracken Court, Coedpoeth, Wrexham LL11 3NJ2
£75K01/231.26 mi57, Wheat Close, Gwersyllt, Wrexham LL11 4UX2
£237K03/211.29 miGlenside, Smelt Road, Coedpoeth, Wrexham LL11 3SH2
£59K10/201.44 mi9, Atlea, New Broughton, Wrexham LL11 6UF2
£132K11/221.64 mi54, Lambourne Court, Gwersyllt, Wrexham LL11 4FD2
£122K08/221.64 mi34, Lambourne Court, Gwersyllt, Wrexham LL11 4FD2
£200K10/211.65 miFlat 7, Pen Y Nant, Church Road, Minera, Wrexham LL11 3DA2
£96K11/222.18 mi11, Pendinas, Wrexham LL11 3BQ2
£231K04/212.64 mi45, Snowdon Drive, Wrexham LL11 2YD2
£102K03/232.73 mi13, Lorne Street, Wrexham LL11 2LR2
£96K12/222.8 mi1, St Giles Court, Wrexham LL13 7NR2
£88K01/212.84 mi35, Y Werddon, Wrexham LL13 7LT2
£93.6K11/202.86 mi3, Trinity Close, Rhostyllen, Wrexham LL14 4AQ2
£82.5K08/222.91 mi9, Britannia Close, Rhostyllen, Wrexham LL14 4BX2
£88K01/212.93 mi162, Herbert Jennings Avenue, Wrexham LL12 7YD2
£112.5K12/222.94 mi163, Herbert Jennings Avenue, Wrexham LL12 7YB2
£127K11/222.94 mi165, Herbert Jennings Avenue, Wrexham LL12 7YB2
£66K07/212.94 mi165, Herbert Jennings Avenue, Wrexham LL12 7YB2

Local Rents

18 rents from £595/mo to £895/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£59510/230 mi63 Lamberton Drive, Brymbo, LL11 5FN2
£60003/250.01 mi-2
£85012/240.15 mi-2
£65012/240.2 mi-2
£72512/240.2 miIngot Close, Brymbo, Wrexham2
£75012/240.36 mi-2
£89512/240.36 mi-2
£78012/240.36 miPark Road, Tanyfron, Wrexham2
£80012/240.42 miPark Road, Tanyfron2
£62505/240.71 mi2 Rock House, Gwalia Road, Pentre Broughton, LL11 6BY2
£67505/241.02 miPlum Tree, Bryn Drive, Coedpoeth, Wrexham, LL11 3LJ2
£85009/241.1 mi-2
£82512/241.11 miHeol Llewelyn, Coedpoeth2
£72512/241.13 miTop Road, Summerhill, Wrexham, LL112
£75012/241.13 mi-2
£75011/231.16 mi-2
£69512/241.22 mi-2
£70012/241.24 miCobden Place, Coedpoeth, LL112

Local Area Statistics

Population in LL11

38,028

Population in Wrexham

134,792

Town centre distance

4.78 miles away

Nearest school

0.60 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £120,000

February 14, 2025

Description

  • WELL PRESENTED GROUNDFLOOR APPARTMENT +
  • 2 DOUBLE BEDROOMS +
  • FITTED KITCHEN WITH INTEGRATED APPLIANCES +
  • GAS HEATING +
  • UPVC DOUBLE GLAZING +
  • 2 DESIGNATED PARKING SPACES +
  • IDEAL FIRST TIME PURCHASE +
  • LEASEHOLD +

DESCRIPTION: Situated in a popular and sought after location is this impressive 2 bedroom ground floor apartment which offers well presented accommodation to briefly comprise communal entrance with speak and enter system, entrance hall, lounge, fitted kitchen with integrated appliances, 2 double bedrooms and combined bathroom and wc. The accommodation is complimented by gas radiator heating and UPVC double glazing and externally there is 2 designated parking spaces. LEASEHOLD 982 years remaining. GROUND RENT £138.00 pa. MAINTENANCE CHARGE £73.00 per month. IDEAL FIRST TIME PURCHASE. VIEWING HIGHLY RECOMMENDED. COUNCIL TAX BAND C. 

DIRECTIONS: From the Wrexham office proceed out of town passing the football ground on the right hand side, at the main Wrexham roundabout turn left onto the bypass and proceed to the first exit for Ruthin. At the traffic lights turn right over the bypass taking a right turn onto the Brymbo link Road. Proceed up the hill to the 2nd roundabout turning right onto Lamberton Drive take the first right and right again into the parking area and the access to the apartment will be noted on the right.. 

LOCATION: Situated in a popular and sought after location with easy access to Wrexham City centre facilities and the main road network for commuting to Chester city centre and the surrounding areas of employment. 

COMMUNAL ENTRANCE: With speak and enter system. 

ENTRANCE HALL: Panelled radiator. Built in storage. Wood effect floor covering. Front entrance door. 

LOUNGE: 16' 10" x 12' 1" (5.13m x 3.68m) 2 Panelled radiators. Tv point. Window to front elevation. 

KITCHEN: 12' 7" x 5' 1" (3.84m x 1.55m) The kitchen is fitted with a range of wall and base units with worktop surfaces and inset stainless steel sink unit and splash back tiling with integrated appliances to include hob, extractor hood, and oven. Space for fridge freezer. Plumbing and space for washing machine. 

BEDROOM 1: 11' 9" x 8' 5" (3.58m x 2.57m) Panelled radiator. Window to front elevation. 

BEDROOM 2: 12' 9" x 8' 5" (3.89m x 2.57m) Panelled radiator. Fitted range of 4 door wardrobe facilities. Window to side elevation. 

BATHROOM: Panelled radiator. Fitted 3 piece white suite comprising wc, wash hand basin and panelled bath with shower above. Tiled floor. 

OUTSIDE: Externally there are 2 designated parking spaces.

Agent Details

Molyneux, Wrexham

01978 804119

Next Steps?

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