House For Sale £200,000
Yieldit is delighted to offer onto the market this fully licensed HMO with scope for rental increase. The property being fully licensed briefly comprises of entrance hallway with beautiful tiled floor, room one, communal airy living room, utility area, large breakfast kitchen with fitted kitchen, family bathroom, downstairs cloakroom, four upstairs rooms, large driveway leading to a detached garage. And front garden.
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. House prices are also up in the area, experiencing a 17.5% increase in the last 5 years according to Zoopla.
Wrexham, LL11 has a total of 651 streets. The most expensive street in LL11 is Lord Street, with an average sale price of £828,738. The least expensive street in LL11 is Meadow View, with an average sale price of £59,000.
Wrexham Maelor Hospital (Welsh: Ysbyty Maelor Wrecsam) is the region's major acute district hospital, with over 900 beds, and is the largest of the three core hospitals in North Wales. Other nhs hospitals within the borough are Chirk Community and Penley Polish Hospital.
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: £19,000
Lettings fees: £1,821
Net income: £16,579
Gross yield: 9.5%
Net yield: 8.29%
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-17241
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. House prices are also up in the area, experiencing a 17.5% increase in the last 5 years according to Zoopla.
Wrexham, LL11 has a total of 651 streets. The most expensive street in LL11 is Lord Street, with an average sale price of £828,738. The least expensive street in LL11 is Meadow View, with an average sale price of £59,000.
Wrexham Maelor Hospital (Welsh: Ysbyty Maelor Wrecsam) is the region's major acute district hospital, with over 900 beds, and is the largest of the three core hospitals in North Wales. Other nhs hospitals within the borough are Chirk Community and Penley Polish Hospital.
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: £19,000
Lettings fees: £1,821
Net income: £16,579
Gross yield: 9.5%
Net yield: 8.29%
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-17241
