icons_size_white icons_size

AGENT'S DETAILS


Portfolio of Four HMOs in Wrexham

For sale: £610,000.00|House, Industrial, Residential

PROPERTY DETAILS

FOR SALE£610,000.00
ADDRESS18 Wellington Road, Wrexham, LL13 7PF
TYPEHouse, Industrial, Residential
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON2nd October 2020

DESCRIPTION

The Wrexham Portfolio, Four Individual HMO, Wrexham, North Wales, LL13 7PF

A wonderful opportunity to purchase a portfolio of HMOs in Wrexham in North Wales. The portfolio has a total of four HMO's all within Victorian buildings which are a mixture of 4 and 5 bedroom properties.

Wrexham is an article 4 area which limits the numbers of multi-let properties locally and the current vendors have benefited from high occupancy levels as a result. The town is situated 12 miles South West of Chester, in the North Wales Borderlands. Widely recognised as the regions principle commercial centre, and home to one of Europe’s largest industrial parks, employing over 7000 people.

With good road links to Manchester, Liverpool, Birmingham, Wrexham boasts a mainline train station, hospital, Yale College & Glyndwr University. The details for each property are available upon request, please contact us for further information.

119 Ruabon Road - 5 Bed HMO

A semi-detached Victorian property based on a highly sought-after road for HMO accommodation. The property is on the main archery road into the town centre with good access to regular bus routes. The property is close to the University, hospital & superstore.

Licensed for 6 people, this HMO currently has 5 rooms & tenants (option to convert the loft space to utilise the full occupancy allowance). There is the added benefit of a rear garden space.

126 Ruabon Road - 4 Bed HMO

A 3 storey, semi-detached Victorian property with off road parking & garage which is a premium in the area. There is a small contained back yard from the kitchen. Based in a popular area for room rentals of this nature there is good access to the town centre, university, hospital & superstores.

113 Ruabon Road - 4 Bed HMO

An end of terrace Victorian property located on Ruabon Road, a main access road into the town centre & very popular in the HMO market due to excellent access to the hospital, university, bus routes & superstore.

Licensed for 5 tenants, this HMO has the option to convert the loft space to utilise full occupancy & income potential. Currently has four rooms & tenants, with one en-suite.

There is a self-contained garden at the rear.

24 New Road - 5 Bed HMO

A semi-detached property in Rhosddu on the main link into the town centre. The property is close to Sainsburys, the hospital, the University & industrial parks. There is a garden & double garage to the rear of the property.

This is a property with 5 lettable rooms, one room having its own WC.

Income
24 New Road - Income £20,088 pa / Costs £5,354 pa

119 Ruabon Road - £21,276 pa / Costs £5,079 pa

113 Ruabon Road - £18,000 pa / Costs £5,187.00 pa

126 Ruabon Road - £16,980 pa / Costs £5,354 pa

Portfolio Total Gross Income = £76,344 pa / Running Costs - £20,974 pa

Gross Yield - 12.6%

Features
High Tenant Demand

£97,380 PA Gross Income (when full)

12.6% Gross Yield

Article 4 Area

Buyers Fee 2% + VAT

4 Individual HMO's

Buyer's Fee
Please note there is a 2% + VAT buyers fee when purchasing this property, if you require further information on this please contact us.

LOCATION

Location: 18 Wellington Road, Wrexham, LL13 7PF

Wrexham Central (0.3 miles)

Wrexham General (0.6 miles)

Gwersyllt (2.4 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here