Wrexham City Centre
Prices from £175,000 | 1-2 bed bedroom | 398-666 sq.ft.
PROJECT OVERVIEW
For investors looking for a property in a desirable location with high gross yields and strong capital growth potential, this opportunity is not to be missed. The development comprises 38 1-bedroom & 15 2-bedroom new mezzanine apartments in a converted shopping centre located in the heart of Wrexham’s city centre. All apartments are spacious, and the clever use of natural and electrical lighting, ensures the apartments are light and airy, providing homes with beautifully crafted interiors to suit any lifestyle with easy access to Wrexham city centre and surrounding area of Wrexham.
For investors looking for a property in a desirable location with high gross yields and strong capital growth potential, this opportunity is not to be missed. The development comprises 38 1-bedroom & 15 2-bedroom new mezzanine apartments in a converted shopping centre located in the heart of Wrexham’s city centre. All apartments are spacious, and the clever use of natural and electrical lighting, ensures the apartments are light and airy, providing homes with beautifully crafted interiors to suit any lifestyle with easy access to Wrexham city centre and surrounding area of Wrexham.
KEY FACTS
- 1 & 2 bed mezzanine apartments
- Cash Investment £175.000
- Assured net yield 8.75%
- Completed & tenanted
- 250-year lease
Key journey times from Wrexham stations:
- Chester 18 minutes
- Shrewsbury 36 minutes
- London Euston via Chester 2.5 hours
- Manchester Airport 45 miles
- Liverpool John Lennon Airport 38 miles
Why Wrexham?
Wrexham became a city on Thursday 1st September 2022 after being awarded the status as part of the Queen's Platinum Jubilee celebrations. Located approximately 5 miles west of the English border Wrexham is the largest city and administrative centre of North Wales. The city is situated approximately 13 miles southwest of Chester, 32 miles south of Liverpool and 54 miles southwest of Manchester. Wrexham city benefits from significant retail and commercial businesses and is home to Wrexham’s Glyndwr University which is situated on the edge of the City Centre.
Wrexham has very good transport links and excellent road communications with both the A483 and A534 in close proximity linking the city to Chester in the north and Nantwich and Crewe to the East. The M6 and M56 are within a short drive and give direct access to Liverpool and Manchester and the national motorway network.
Wrexham has two railway stations with direct services to a number of towns and cities across Wales and the Northwest including routes to Chester (18 minutes) and Shrewsbury (36 minutes). There are regular services to London Euston via Chester with a journey time of just over two and half hours. Liverpool’s John Lennon Airport and Manchester International Airport are respectively located 38 miles (61 km) and 45 miles (72 km) to the northeast.
Wrexham area already has a population around 136,000 and is the fastest growing place in Wales after Cardiff. Wrexham is a one-time mining and industrial city but it now has new successful, modern industries including high tech. manufacturing, biotechnology, and financial and professional services. Wrexham has several business parks including Wrexham Industrial Estate, one of the largest industrial estates in Europe and is home to 300 businesses providing 8,000 jobs. All this makes Wrexham something of a jobs hotspot – great news for buy to let property owners. Big companies in Wrexham include Depository Trust & Clearing Corporation, Magellan Aerospace and JCB as well as Kellogg’s and fast-expanding telephone services company Moneypenny has built a new £15m HQ here.
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