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Parkey Farm, Cross Lanes, Wrexham, LL13 0UA - Image 1
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Parkey Farm, Cross Lanes, Wrexham, LL13 0UA

Wales

£750,000
Listed on 13/05/2025

Property Details

Bedrooms
7
Type
Detached house
Area
3993 sqft

Description

This property presents a significant opportunity for renovation and investment, featuring a historic Grade II Listed farmhouse alongside various agricultural buildings on an expansive 65-acre estate. The farmhouse, characterized by its rustic brick construction beneath a traditional slate roof, spans three well-proportioned floors. While parts of the house have seen more recent occupancy, substantial areas require extensive refurbishment and restoration, allowing for customization to meet modern living standards while preserving its unique architectural charm. Situated on the outskirts of Cross Lanes, this property benefits from its proximity to Wrexham—approximately four miles away—which offers a diverse array of recreational, educational, commercial, and professional amenities. The location also enjoys convenient access to major roadways leading to Chester and Whitchurch, making it ideal for those who value both rural tranquility and urban accessibility. The estate includes an assortment of traditional farm buildings that offer considerable potential for conversion into various uses, subject to obtaining planning consent. Among these structures is a sizable two-story L-shaped barn that has remnants of past residential use but remains in need of completion. Additionally, there are modern cattle buildings and other facilities suitable for livestock or equipment storage. The land itself consists mainly of gently undulating pasture fields that provide excellent grazing opportunities for livestock and support agricultural endeavors. Notably, the estate features a wooded gully with mixed hardwoods and remnants of an old railway line that adds ecological diversity to the landscape—presents further possibilities for conservation initiatives or recreational development. Overall, this property not only appeals to those looking to create a distinctive family residence but also represents an attractive investment potential within an area poised for growth. Whether you envision restoring the farmhouse to its former glory or repurposing the outbuildings for modern use, this estate stands ready to be shaped by your vision.

Investment Analysis

(LL13 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£188/sq ft
Area Average
£211/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£925,458
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LL13)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 2.3%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on LL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Parkey Farm, Cross Lanes, Wrexham, LL13 0UA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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