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St Owens Cross, Ross-on-Wye

West Midlands

£1,795,000
Listed on 28/03/2024

Property Details

Bedrooms
5
Type
Country House

Description

Nestled within approximately 6 acres of serene countryside, this Grade II Listed country house offers remarkable potential for renovation and investment. Originally a rural mill and cottage, the property has evolved into a charming farmhouse featuring five spacious reception rooms and five bedrooms spread across three levels, totaling around 4,500 sq.ft. Significant enhancements have been made in recent years, including the addition of a beautiful oak-framed sunroom. However, there remains ample opportunity to further modernize or repurpose existing spaces, particularly the extensive loft above the three-car garage and the two-storey granary/mill building which could be converted for various uses. The tranquil location is complemented by landscaped gardens with diverse flora, a picturesque lake, and a paddock area that enhances its appeal as both a family home and an investment project. Conveniently located near motorway connections and local amenities, this property strikes a balance between rural tranquility and accessibility.

Investment Analysis

(HR2 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -0.1%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on HR2 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

St Owens Cross, Ross-on-Wye
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£6,474
Based on a loan of £1,346,250 over 30 years at 4.06% 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.

Price History

-3.0% since listed
£1,795,000£55,000(-3.0%)
23/11/2024
Current price
£1,850,000Initial listing
28/03/2024

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