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Rachel Drive, Rhyl, Denbighshire, LL18

Wales

£189,950
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
789 sqft

Description

This two-bedroom detached bungalow presents a significant opportunity for renovation and investment, situated in a desirable area of South Rhyl. Its location is advantageous, being within walking distance to local shops and public transport links, enhancing its appeal for future occupants or tenants. The property features a spacious living room that offers a welcoming atmosphere, alongside a practical kitchen that opens into a conservatory overlooking the generous rear garden. The layout includes two double bedrooms, providing ample space for comfortable living, and a three-piece bathroom that could be updated to meet modern standards. While the bungalow requires comprehensive refurbishment, it benefits from uPVC double glazing in most windows and existing gas central heating, which may assist in future upgrades. Outside, the property includes off-street parking and a single garage equipped with electrics. The front garden is designed for low maintenance while the expansive rear garden boasts privacy and sunlight—ideal for those looking to create an outdoor retreat. With its freehold tenure and council tax band C status, this bungalow holds great potential as an investment opportunity. Renovating this property to contemporary standards not only enhances immediate value but can also attract long-term rental income due to its prime location. Viewings are essential to grasp the full scope of possibilities this bungalow offers for both personal residence and investment endeavors.

Investment Analysis

(LL18 area)

Above Market Value

This property is priced +10.4% above area average per sq ft

+10.4%
This Property
£241/sq ft
Area Average
£218/sq ft
Avg Rent (weekly)
£167
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£189,332
10% above area average per sq ft
Potential ROI
-29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LL18)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 4.9%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on LL18 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

Rachel Drive, Rhyl, Denbighshire, LL18
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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
£696
Based on a loan of £142,462 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE