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Marden, Hereford

West Midlands

£250,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This spacious freehold building plot presents a compelling opportunity for renovation or investment in the tranquil hamlet of Litmarsh. With detailed planning consent already in place for an attractive detached house, this site is primed for development into a unique residence offering nearly 3,500 sq. ft. of living space, alongside garage accommodations. The proposed layout includes three to four bedrooms, featuring a master suite complete with an ensuite and dressing room, as well as expansive kitchen and utility areas. Both ground and first-floor living rooms are designed to enhance the home's functionality and comfort. Essential utilities such as mains electricity and water have been secured for the site, simplifying the construction process. Situated on a quiet country lane, this property benefits from its serene surroundings while still providing convenient access to local amenities in nearby Bodenham and Marden. More extensive services can be found in Leominster and Hereford, making it an optimal location for both families and commuters alike. Originally planned for five unique homes in 2020, four have already been constructed successfully on this small development. The Hedgerow stands out as the largest plot available, allowing flexibility in design—whether sticking to the approved plans or adapting them to suit personal preferences (subject to necessary approvals). This plot is not just a chance to build a comfortable home; it also offers considerable investment potential for private individuals or developers looking to create a distinctive property within an established community. Whether you envision a stylish family residence or wish to capitalize on the growing demand for housing in this area, this opportunity should not be overlooked. With mains electricity and water nearby and an approved drainage field at the rear, essential services are readily accessible. This freehold property allows for full ownership without ongoing lease concerns. Viewing is welcome at your convenience. For prospective buyers: Please note that proof of identity will be required when submitting offers; this includes both picture ID and residential address verification along with proof of funding.

Investment Analysis

(HR1 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£226
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR1)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 11.5%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on HR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Marden, Hereford
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