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Stone Street, Madley, Hereford, Herefordshire

West Midlands

£425,000
Listed on 25/03/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled on the outskirts of the sought-after village of Madley in Herefordshire, this 7.72-acre smallholding, known as Stoney Stables, presents a unique opportunity for those interested in equestrian activities or small-scale development. The property is conveniently located near key roadways including the B4352 and A465, ensuring accessibility to Hereford and beyond. The site boasts a steel portal framed building that has received planning consent for conversion into a two-bedroom residence along with two holiday rental units, making it an attractive investment for anyone looking to tap into the burgeoning holiday let market. The land encompasses various paddocks all enclosed with post-and-rail fencing, providing a rural feel suitable for grazing or fodder production. Additional features include a mobile home and established utility connections to mains water and electricity, alongside a private biodigester for drainage. This property offers buyers substantial potential to enhance its value through renovation and development while enjoying tranquil countryside views from its diverse landscapes. Interested parties can explore the approved planning details further through local council resources.

Investment Analysis

(HR2 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by +6.1% over the last 12 months
3 year growth: 2.3%
5 year growth: 13.7%
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

Stone Street, Madley, Hereford, Herefordshire
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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