Turnkey city-centre buy-to-let with long lease and allocated parking.
- Two-bedroom second-floor apartment, open-plan kitchen/lounge
- Long lease: c.140 years remaining
- Allocated off-street parking space
- Tenant in situ, current rent £660pcm (periodic tenancy)
- EPC rating C
- Electric wall heaters; main fuel electricity
- Service charge £977pa; ground rent £220pa
- Small overall size: approx 508 sq ft; area very deprived
A compact two-bedroom second-floor apartment close to Wrexham city centre and transport links. The open-plan kitchen/lounge and modern bathroom make this a straightforward, low-maintenance rental ready for an investor to pick up immediately.
The property is sold with a long lease (approximately 140 years remaining), an allocated off-street parking space and an EPC rating of C. Currently let to a long-term tenant on a periodic tenancy at £660pcm, the advertised gross yield is around 7.5% at the asking price.
Notable practical details: heating is by electric wall heaters/room heaters and the main fuel is electricity, broadband speeds are average and the communal service charge is £977 per year with ground rent of £220 per year. The apartment footprint is small (c. 508 sq ft), so it suits singles, sharers or a buy-to-let portfolio rather than buyers needing spacious family accommodation.
Location advantages include walking distance to the train station, university campuses, hospital, Wrexham AFC stadium and easy A483 access for Chester commutes. Buyers should also weigh local challenges: the area records very high crime levels and is classed as very deprived, which can affect tenant mix and long-term capital growth.
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