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See how verdicts work2-bedroom flat · LL11 2LR
For saleReduced £5k (−4.3%) on 26 OctListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION: Situated in a popular and convenient location for City Centre facilities is this well presented and spacious 2 bedroom ground floor flat with accommodation to briefly comprise communal entrance, entrance hall, lounge, fitted kitchen/diner with integrated appliances, 2 bedrooms and combined bathroom and wc.
The accommodation is complimented by gas heating and UPVC double glazing and externally there are communal gardens and an outside garden store. VIEWING HIGHLY RECOMMENDED. LEASEHOLD.
COUNCIL TAX BAND B.
DIRECTIONS: From the agents Wrexham office proceed around the one way system to the mini roundabout on the corner of Grosvenor Road and proceed straight across into Rhossdu and Lorne street will be noted on the right hand side, turn right and continue until the property will be noted on the left via the Molyneux for sale sign.
LOCATION: Situated in a popular and sought after location with easy access to Wrexham City centre facilities and the main road network for commuting to Chester city centre and the surrounding areas of employment.
HEATING: Gas radiator heating installed.
PURCHASERS NOTE: Prospective purchasers will note the property is Leasehold with a ground rent of £10.00 pa,Insurance £176.10 pa and service charge of 23.50 pa.
COMMUNAL ENTRANCE: Speak and enter system. Door leading to front of development. ENTRANCE HALL: Panelled radiator. Wood effect floor covering. Built in Storage cupboard.
LOUNGE: 16' 6" x 10' 4" (5.03m x 3.15m) Panelled radiator. Wall mounted electric fire. Tv point.
KITCHEN/DINER: 11' 1" x 10' (3.38m x 3.05m) The kitchen is fitted with a range of wall and base units with worktop surfaces and inset stainless steel sink unit and splash back tiling with integrated appliances to include hob, extractor hood and oven.
Tiled floor. Wall mounted gas heating boiler. Space and plumbing for washing machine. Space for fridge freezer. BEDROOM 1: 13' 6" x 9' 3" (4.11m x 2.82m) Panelled radiator.
Built in wardrobe facilities. Tv point. Window to front elevation. BEDROOM 2: 8' 7" x 8' 1" (2.62m x 2.46m) Panelled radiator. Window to front elevation.
BATHROOM: Fitted 3 piece white suite comprising wc, wash hand basin and panelled bath with shower above. Built in storage cupboard. Tiled floor. Tiled walls.
OUTSIDE Externally there are communal gardens and a garden shed with a drying area to the rear.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 51 Lorne Street
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