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House For Sale £200,000
Mold Road, Wrexham LL11


Description
Yieldit are pleased to offer onto the market this delightful five bedroomed licensed HMO. The property briefly comprises of entrance hallway, front room one which is light and airy, a second room to the rear, downstairs cloakroom, fully fitted breakfast kitchen leading to a conservatory which overlooks the rear garden. Upstairs has three rooms and a family bathroom. Outside there are front and rear gardens and a driveway to the side which leads to a detached garage.

LL11 is a popular area with 274 transactions recorded in the past 12 months, which is 74.8% higher than the national average of 157.

Wrexham County Borough Council were successful in gaining £10.5m of regeneration funding from Welsh Government to revitalise the Town Centre of Wrexham and surrounding communities by investing in a package of measures that will provide the catalyst for longer term sustainable social, economic and environmental regeneration.

Financial Breakdown

Gross rent: £21,500
Lettings fees: £2,580
Net income: £18,920
Gross yield: 10.75%
Net yield: 9.46%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-17232

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