Compact three-bed investment near Wrexham centre, tenanted and sold at auction.
Freehold Victorian terraced house — three bedrooms
A three-bedroom Victorian terraced freehold on Smithfield Road offered as an unconditional auction lot — a compact, income-producing property close to Wrexham city centre. It is currently let at £570 pcm, providing immediate rental income for a buyer prepared to keep the tenancy in place. The house benefits from gas central heating and UPVC double glazing and sits within walking distance of local amenities, public transport and leisure facilities.
Internally the accommodation is practical but dated: small rooms, standard ceiling heights and signs of wear throughout. The property will suit an investor or hands-on buyer seeking a low-entry purchase with short-term rental income or a renovation project to add value. Outside space is limited to a small front yard and enclosed rear yard.
Important auction and legal points are clear: this is a sold-as-seen unconditional lot with a 5% deposit on fall of the hammer and a buyer’s premium of 5% + VAT (minimum £5,000 + VAT). Completion is required 28 days after the auction date; any additional costs and material information are in the legal pack and should be reviewed before bidding.
Set in a very deprived, high-crime area, the location presents both strong rental demand from private-renting new arrivals and clear neighbourhood risk factors. The property needs modernization and cosmetic repair; buyers should budget for refurbishment and check tenancy terms and local market dynamics before purchase.