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Studio flat for sale



Property Description

Key features

  • Investment Opportunity
  • Six Modern Apartments
  • Four 2 Bed/Two 1 Bed
  • Village Location
  • Gross Rental Inc 33,880
  • Full Rental History
  • Freehold

Full description

An outstanding residential INVESTMENT OPPORTUNITY comprising 6 No. Modern apartments set out in 2 blocks and situated in a residential area of the village of Llay and about 3 miles north of Wrexham and 9 miles south of Chester. The properties are all let on Assured Shorthold Tenancies and currently yield an annual gross income of £33,880.

Directions - From Wrexham take the B5425 Llay New Road for about 2 miles and on entering the village take the second turning on the right into Tenth Avenue. Turn immediately left into Shones Lane and first right into Sixth Avenue proceeding to the T junction with Seventh Avenue where Chapel View will be seen immediately ahead.

Chapel View - Chapel View comprises 2 blocks of 4 flats with tarmacadamed parking areas at the front. Phase 1 was built in 2007 and comprises 4 No. 2 Bedroom flats (with gas central heating), 2 of which were sold off. Phase 2 was built in 2010 and consists of 2 No. 1 Bedroomed and 2 No. 2 Bedroomed flats (with electric panel heating). This residential investment therefore comprises 6 No. Modern flats, all well maintained and let on Assured Shorthold Tenancies.

Flat Two (Ground Floor) - Entrance Hall

Lounge Area - 2.90m x 2.90m -

Kitchen Area - 2.29m x 1.60m -

Bedroom One - 3.43m x 2.44m -

Bedroom Two - 2.67m x 1.91m -

Bathroom/Wc - 1.83m x 1.91m -

Flat 4 - First Floor -

Flat 5 (Ground Floor) - Stairs to first floor landing.

Lounge Area - 3.81m x 3.73m -

Kitchen Area - 2.44m x 1.83m -

Bedroom - 3.35m x 2.82m -

Bathroom/Wc - 2.82m x 1.83m -

Flat 6 (Ground Floor) - Entrance Hall

Lounge Area - 3.89m x 2.59m -

Kitchen Area - 2.59m x 1.75m -

Bedroom One - 3.43m x 2.97m -

Bedroom Two - 2.51m x 2.29m -

Bathroom/Wc - 1.91m x 1.91m -

Flat 7 (First Floor) - Stairs to landing.

Lounge Area - 3.81m x 3.73m -

Kitchen Area - 2.44m x 1.83m -

Bedroom - 3.35m x 2.82m -

Bathroom - 2.82m x 1.83m -

Flat 8 (First Floor) -

Amenities - Day to day shops and village amenities are nearby with a more comprehensive range available in Wrexham, a distance of about 3 miles. Wrexham is the administrative centre of the wider Wrexham County Borough Council and the largest town in North Wales with a population of 61,600 and a County wide population of 135,000. It is a major centre of the regions commercial, retail and education infrastructure.

Outgoings - Annual building insurance £1,250
Annual communal electricity bill £250
Annual pumping station maintenance £1,000.

Services - Mains water, drainage and electricity are connected to each flat, with Phase One having gas central heating and Phase Two is heated via electric panel radiators. Neither the services nor appliances have been tested and prospective purchasers are invited to obtain specialist reports if required.

Viewing - By prior appointment through the Sole Agents, Wrexham Office, Tel: (01978) 364283.

More information from this agent

Listing History

Added on Rightmove:
19 October 2016

Map & Street View

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