Summary - Yorke Street, Wrexham LL13 8LW
4 bed 4 bath Apartment
Prominent retail frontage with four renovated studios — ready for rental income.
Prominent ground-floor retail unit with large glazed frontage
Basement storage approx. 250 sq ft with external access
Four newly renovated studio apartments, each with new kitchen and shower
Estimated rental income c. £750 PCM per studio (agent guidance)
Freehold; building dates from before 1900 with period character
High local crime and very deprived area could affect demand
Heating via electric room heaters; likely higher running costs
Studios are compact with no private outdoor space
This mid-terraced, mixed-use building on Yorke Street presents an immediate rental opportunity: a prominent ground-floor retail unit with basement storage and four newly renovated studio apartments above. All residential units have open-plan living, newly fitted kitchens and modern shower rooms, offering low-maintenance accommodation designed for short- to medium-term lets or long-term tenancies.
The retail unit (approx. 60' x 18') benefits from a large glazed frontage onto a pedestrianised high street, giving strong visibility for a commercial tenant. Basement storage with external access adds useful operational space. The seller’s guidance estimates each studio could achieve around £750 PCM, creating clear multi-income potential for an investor.
Buyers should note material drawbacks plainly: the building sits in a very high crime, very deprived area which may affect tenant demand and yields; the apartments are compact studios so rental income depends on high occupancy and rental rates; heating is by electric room heaters which can be costly for tenants and may reduce appeal; the basement has low ceilings and unfinished flooring requiring some completion work. There is no private outdoor space and broadband speeds are average.
Overall this is a practical, turn-key city-centre investment with immediate income prospects and low day-to-day maintenance. It suits investors willing to manage rental risk associated with the local area and maximise returns through active lettings and tenant screening.
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