Fairy Road, Wrexham
Guide Price £495,000
Description
A high quality conversion of a period property into six, self-contained residential flats together with a block of five lock-up garages situated in the Fairy Road Conservation Area within a wide range of day-to-day amenities including Bellevue Park. The property has a communal garden area and parking facility and has enjoyed excellent occupation rates. The whole now comprises a rare opportunity to acquire a high-yield investment.
Accommodation
The accommodation is as per the attached floor plan.
Occupation
All six flats are let under Renting Homes Wales legislation to contract holders.
Details of current rents passing are available from the Agents Wrexham Offices.
In addition to six residential flats, the property has five separately let lock-up garages.
Income
Details of the current income produced is available upon request from the Agents Wrexham Offices.
Energy Performance Certificates
Each flat Unit has EPC future-proofing to pre-meet the tightening of the Energy Act requirements being proposed for 2030.
Flat A – Band ‘C’ – expiry June 2033
Flat B – Band ‘C’ – expiry June 2033
Flat C – Band ‘C’ – expiry September 2032
Flat D – Band ‘C’ – expiry June 2029
Flat E – Band ‘C’ – expiry June 2033
Flat F – Band ‘C’ – expiry August 2031
Electrical Safety
Electrical Safety Certification is in place for the property and NICEIC certification available confirming the property has had a full rewire, including the installation of consumer unit(s) complete with RCBOs, surge protection and sub-main.
Verification certification available of condition of existing equipment being adequate and fit for continued use with earth and bonding arrangements adequate.
Fire Safety
Independent verification of smoke and heat detectors at property.
Property compliant with fire-escape having internal fire-doors and emergency exit lighting.
Gas Safety
Each unit has compliant gas safety certification. Five of six flats have radiator central heating systems effected by gas-fired combination boilers. One unit has an electrical hot water and heating system.
Air Circulation Systems
Some units incorporate air movement systems and ducting to improve interior ventilation to all the units.
Tanking
First-floor units incorporate tanked floor systems to mitigate potential of bathroom leaks from upstairs to downstairs units.
Outside
The property occupies a level walled plot with garden area to the side. The front door is approached by a pathway from the car parking area at the rear. The car parking area also gives access to the five garages. At the rear of the property there is an additional communal drying area and a garden, whilst to the side there is a communal bin store. The basement area is approached via an external door and accommodates the individual meters etc.
Tenure
The property is offered for sale as a whole on the basis of the freehold interest (Land Registry Title Number CYM70353), subject to individual occupations of each of the flats and garaging.
Services
Mains water, gas, electricity and foul drainage are connected to the property subject to statutory regulations.
The property has a CCTV monitoring system.
Each flat is independent connected to meters for gas and electricity usage.
Viewing
By prior appointment with the Agents.
Directions
From the Agent’s Wrexham Offices proceed up Regent Street to the traffic lights at which turn left onto Bradley Road. At the roundabout continue ahead and arriving at the traffic lights continue ahead again onto Victoria Road. At the roundabout with Fairy Road continue ahead again. The property will be observed on the right-hand side at the corner of the junction with Court Road. The car park to the property is approached off Court Road.
Key Features
- A High Quality Conversion
- Of a Period Property
- Into Six Self-Contained Residential Flats
- With a Block of Five Lock-Up Garages
- Communal Garden Area and Parking Facility
- Rare Opportunity to Acquire a Fully Resolved High-Yield Investment
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