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Marden, Hereford HR1

West Midlands

£294,000
Listed on 28/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1037 sqft

Description

Nestled at the end of a tranquil cul-de-sac in the charming village of Marden, this traditional three-bedroom detached bungalow presents a versatile living space alongside significant renovation potential. Originally built in 1964, the property has been lovingly maintained by its owners, yet now awaits a new vision to refresh its character and maximize its investment appeal. Upon arrival, you’ll find an inviting entrance with a gated driveway that leads to a spacious carport and an attached garage, providing ample off-street parking. The exterior features well-kept lawns and flower borders that enhance its curb appeal while offering an opportunity for landscaping upgrades. Inside, the home opens into a well-lit open-plan kitchen and dining room, equipped with a variety of built-in units and integrated appliances such as a gas hob and double oven. Natural light floods the space through windows on both sides, creating a warm atmosphere. Glazed sliding doors lead you from the kitchen to a central living room that highlights additional comfort with its large window and gas fireplace—ideal spaces for modernizing finishes or reimagining layouts. A conservatory located at the front of the house provides an extra area for leisure or family gatherings, boasting lovely views over the sun-soaked front lawn. The accommodation includes two sizable double bedrooms along with a practical single bedroom; all feature built-in storage solutions. The family shower room is functional with its walk-in shower layout but holds excellent potential for upgrades. The property is surrounded by delightful gardens that wrap around, offering ample space for gardening enthusiasts or those looking to create outdoor entertainment areas. While well-cared-for, this bungalow presents an exciting opportunity for renovations to enhance its charm and functionality further. Situated conveniently within reach of local amenities—including Marden Primary School—as well as beautiful countryside walks, residents can enjoy village life while still having easy access to Hereford city center (approximately 5 miles away) for broader services like shopping, dining, and leisure activities. Leominster is just 8 miles distant, providing additional conveniences along with regular bus services enhancing connectivity. This bungalow not only offers immediate comfort but also serves as an excellent canvas for potential improvements—perfect for buyers seeking to invest in a property that they can truly make their own.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£284/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£29,400 - £73,500
10-25% of property value
Target Value
£342,780
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (HR1)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 13.0%
5 year growth: 24.1%
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 HR1
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