2 Bed Terraced House, Refurb/BRRR, Wrexham, LL14 2RH, £125,000

21 Bridge Street, Wrexham, LL14 2RH - 2 views - a month ago

Refurb/BRRR
ROI: 3%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£80K - £187K
Sold Prices/m²£888/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£93,500

 

 

End Value (After Refurb)

£123,317

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Refurb Costs

£27,830

Bridging Loan Interest

£3,281

Total Cash In

£71,562

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£123,317

Mortgage (After Refinance)

£92,488

Mortgage LTV

75%

Cash Left In

£71,562

Equity

£30,829

Rent Range

£550 - £900

Rent Estimate

£728

Running Costs/mo

£551

Cashflow/mo

£177

Cashflow/yr

£2,124

ROI

3%

Gross Yield

7%

Local Sold Prices

51 sold prices from £80K to £187K, average is £114K. £888/m² to £3.1K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£139.9K12/200.42 mi20a, Hall Street, Penycae, Wrexham LL14 2RU2
£157K04/210.73 mi13, Copperas Hill, Penycae, Wrexham LL14 2SA2
£182K01/210.81 miSt. Davids Cottage, Tainant, Penycae, Wrexham LL14 1UG2
£169K07/210.84 miRhoslwyn, Bridge Street, Penycae, Wrexham LL14 2DE2
£95K11/200.84 mi16, Ffordd Mynydd Isa, Rhosllanerchrugog, Wrexham LL14 2EH2
£93K06/210.84 mi20, Ffordd Mynydd Isa, Rhosllanerchrugog, Wrexham, Clwyd LL14 2EH2
£145.3K10/220.85 mi2, Ffordd Mynydd Isa, Rhosllanerchrugog, Wrexham LL14 2EH2
£100K01/210.93 mi207, Ffordd Llanerch, Penycae, Wrexham LL14 2NF2
£130K01/211.03 mi4, Sidney Street, Rhosllanerchrugog, Wrexham LL14 1BE2
£160K11/221.04 mi4, Sidney Street, Rhosllanerchrugog, Wrexham LL14 1BE2
£100K12/221.07 mi16, Church Street, Rhosllanerchrugog, Wrexham LL14 2BW2
£95K06/231.07 mi7, Smith Street, Rhosllanerchrugog, Wrexham LL14 1AR2
£121K06/231.08 mi15, Hope Street, Rhosllanerchrugog, Wrexham LL14 1AU2
£182.5K11/221.08 mi25, Jones Street, Rhosllanerchrugog, Wrexham LL14 1AS2
£95K08/211.1 mi19, Church Street, Rhosllanerchrugog, Wrexham LL14 2BN2
£80K06/211.1 mi15, School Street, Rhosllanerchrugog, Wrexham LL14 1BA2
£80K06/211.1 mi15, School Street, Rhosllanerchrugog, Wrexham LL14 1BA2
£80K06/211.1 mi15, School Street, Rhosllanerchrugog, Wrexham LL14 1BA2
£90K11/201.11 mi14, School Street, Rhosllanerchrugog, Wrexham LL14 1AY2
£130.1K04/231.13 mi5, Owens Street, Rhosllanerchrugog, Wrexham LL14 1BL2
£114K02/231.14 mi4, Cynlas Street, Rhosllanerchrugog, Wrexham LL14 1PU2
£115K08/211.15 mi24, Princes Road, Rhosllanerchrugog, Wrexham LL14 1AD2
£110K04/231.16 mi51, Hall Street, Rhosllanerchrugog, Wrexham LL14 2LH2
£110K04/231.16 mi51, Hall Street, Rhosllanerchrugog, Wrexham LL14 2LH2
£109K12/201.16 mi64a, Hall Street, Rhosllanerchrugog, Wrexham, Clwyd LL14 2LG2
£110K01/231.16 mi57, Hall Street, Rhosllanerchrugog, Wrexham LL14 2LH2
£155K12/211.17 mi7, Tan Y Bryn, Rhosllanerchrugog, Wrexham LL14 2HS2
£135K09/211.19 miFerndale, Queen Street, Rhosllanerchrugog, Wrexham LL14 1PY2
£134K02/231.2 miLle Tawel, 23a, Butcher Street, Rhosllanerchrugog, Wrexham LL14 1DH2
£159.9K12/201.21 miTy Gwyn, Queen Street, Rhosllanerchrugog, Wrexham LL14 1TB2
£87K03/211.22 mi32, Campbell Street, Rhosllanerchrugog, Wrexham LL14 1BW2
£100K03/211.23 mi8, Wern Las, Rhosllanerchrugog, Wrexham LL14 2HG2
£90K03/211.25 mi4, New Street, Rhosllanerchrugog, Wrexham LL14 1RE2
£110K05/211.25 mi25, New Street, Rhosllanerchrugog, Wrexham LL14 1RE2
£130K03/231.25 mi19, New Street, Rhosllanerchrugog, Wrexham LL14 1RE2
£162.5K01/211.27 miBron Haul, Windsor Road, Rhosllanerchrugog, Wrexham LL14 1ST2
£165K02/211.29 miTy Newydd, Duke Street, Rhosllanerchrugog, Wrexham LL14 1SU2
£140K06/231.41 mi24, Maple Drive, Acrefair, Wrexham LL14 3LB2
£121K05/231.44 mi10, Clarke Street, Ponciau, Wrexham LL14 1RT2
£108K11/221.45 mi4, School Lane, Ponciau, Wrexham LL14 1RP2
£150K04/231.45 mi113, Bank Street, Ponciau, Wrexham LL14 1EW2
£90K08/211.47 mi41, Chapel Street, Ponciau, Wrexham LL14 1SD2
£133K08/211.48 mi74b, Chapel Street, Ponciau, Wrexham LL14 1SE2
£187K09/211.49 mi36, Trefynant Park, Acrefair, Wrexham LL14 3SR2
£107K10/211.5 mi13, Maelor Terrace, Acrefair, Wrexham LL14 3RL2
£115K12/221.5 mi9, Maelor Terrace, Acrefair, Wrexham LL14 3RL2
£102K11/201.52 miSycamore House, Gutter Hill, Johnstown, Wrexham LL14 1LT2
£110.5K12/201.53 mi19, Gutter Hill, Johnstown, Wrexham LL14 1LT2
£80K03/211.54 mi42, Cwm Glas, Johnstown, Wrexham LL14 2AD2
£145K03/211.54 mi20, North Road, Ponciau, Wrexham LL14 1HB2
£97K04/211.56 mi7, Aberderfyn Road, Ponciau, Wrexham LL14 1SL2

Local Rents

33 rents from £550/mo to £900/mo, average is £720/mo.

RentDateDistanceAddressBeds 
£79505/241.08 mi-3
£79505/241.08 mi-3
£72007/241.09 mi-2
£82512/241.14 mi-3
£65005/241.14 mi-2
£65012/241.15 mi-2
£66012/241.15 mi-2
£75003/251.25 mi-2
£65005/241.26 miHigh Street, Rhos1
£75005/241.27 miFfordd Gwynedd, Rhos, LL143
£70005/241.28 miPenry Street, Rhosllanerchrugog, Wrexham1
£78504/251.34 mi-3
£80010/241.39 mi-3
£90005/241.43 miPant Glas, Johnstown2
£69512/241.51 mi-3
£65005/241.53 mi-2
£65005/241.53 mi-2
£60004/251.54 mi-1
£55009/241.54 mi-1
£69512/241.58 miMaelor Road, Wrexham2
£79505/241.58 mi2 Hafod View, Moreton Street, Johnstown, LL14 2AE3
£70012/241.61 mi-3
£62512/241.63 mi16B High Street, Johnstown, LL14 2SN3
£85005/241.82 mi49 Worsley Avenue, Johnstown, LL14 2TE3
£75005/241.85 miHigh Street, Rhosymedre ,Wrexham3
£65005/241.88 miDaniels Drive, Ruabon, LL142
£75010/241.9 mi-2
£62505/242.01 mi6 Llys Y Nant, Ruabon, LL14 6DJ3
£72512/242.03 mi-2
£72505/242.03 miHill Street, Wrexham, LL142
£70012/242.03 mi-2
£85009/242.04 mi-3
£89512/242.4 miFfordd Offa, Wrexham3

Local Area Statistics

Population in LL14

33,602

Population in Wrexham

134,792

Town centre distance

1.31 miles away

Nearest school

0.80 miles away

Nearest train station

1.81 miles away

 

 

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £125,000

March 17, 2025

Description

  • Charming extended end of terrace cottage +
  • Enjoying a pleasant location +
  • Overlooking countryside +
  • Requiring degree of modernisation +
  • Lounge +
  • Kitchen/diner +
  • Two bedrooms +
  • Shower room +
  • Pleasant rear garden +
  • NO CHAIN +

A charming extended 2 bedroom end of terrace cottage enjoying a pleasant location overlooking the the rear south facing garden towards countryside and adjoining a brook at the bottom of the good sized garden. Situated on the fringe of the village of Penycae with picturesque walks nearby, the accommodation would benefit from a degree of modernisation and briefly comprises a part glazed entrance door opening to the lounge with staircase to 1st floor and store cupboard below. The light and bright kitchen diner overlooks the rear garden towards countryside. The first floor includes a double bedroom which leads through to the 2nd bedroom and modern shower room. To the front of the property is a small garden and path to entrance door, a side path continues to the rear garden which includes 2 good storerooms/workshops, gardeners w.c. greenhouse, patio area and flower beds. NO CHAIN. Energy Rating - TBC

Location - Bridge Street is pleasantly located on the fringe of the village of Penycae close to countryside walks and yet having access to a range of day to day shopping facilities and social amenities together with a public transport service. The village has a primary school and is within the catchment for secondary schools. There are good road links to Wrexham, Shropshire and Llangollen allowing for daily commuting to the major commercial and industrial centres of the region.

Directions - Proceed out of Wrexham along the A483 bypass in the direction of Oswestry taking the exit signposted Llangollen. At the roundabout take the 3rd exit and continue across the next roundabout towards Llangollen on the A539. Take the next right turn onto Plas Bennion Road and continue for approx 2 miles into the village of Penycae, continue up the hill and the turning for Bridge Street will be observed on the right with the cottage being on the left just after the bridge.

On The Ground Floor - Upvc part glazed entrance door opens to:

Lounge - 3.86m x 3.51m (12'8 x 11'6) - Upvc double glazed window to front, electric radiator and stairs to first floor landing with storage cupboard below.

Kitchen/Diner - 4.50m x 2.46m (14'9 x 8'1) - The kitchen area is fitted with a range of pine fronted base and wall cupboards with work surface areas incorporating a 1 ½ bowl sink unit, part tiled walls, plumbing for washing machine, plumbing for dishwasher, oven/grill, four ring electric hob with filter fan above, two upvc double glazed windows with pleasant southerly aspect and upvc part glazed external door.

On The First Floor - Approached via the staircase from the lounge.

Bedroom One - 3.89m x 3.66m (12'9 x 12'0) - Upvc double glazed window to front, fitted wardrobes and over bed storage cupboard, electric radiator and airing cupboard housing the hot water cylinder.

Bedroom Two - 2.49m x 2.44m (8'2 x 8'0) - Accessed through bedroom one and having upvc double glazed window to rear.

Shower Room - 1.96m x 1.85m (6'5 x 6'1) - Appointed with a modern white suite of low flush w.c, wash basin set within vanity cupboard, shower tray with electric shower unit and splash screen, upvc double glazed window, part tiled walls, wipe clean wall panels and electric radiator.

Outside - To the front of the property is a gated path to the entrance door. A side shared path leads to the rear garden with patio area, flower beds, useful store with double hinged doors to front, gardeners w.c, greenhouse and a further good sized additional store. The rear garden enjoys a pleasant aspect adjoining a brook.

Please Note - We have a referral scheme in place with Chesterton Grant Conveyancing . You are not obliged to use their services, but please be aware that should you decide to use them, we would receive a referral fee of 25% from them for recommending you to them.

Agent Details

Wingetts, Wrexham

01978 803660

Next Steps?

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