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Hereford HR1

West Midlands

£475,000
Listed on 21/11/2025

Property Details

Bedrooms
5
Type
Detached House
Area
1837 sqft

Description

This detached property in Hereford presents an excellent opportunity for those interested in renovation and investment. Offering a spacious five-bedroom layout, this home comes with two reception rooms that are adaptable to various uses. Set on substantial grounds, both the front and rear gardens offer potential for personalized landscaping, while the private driveway and single garage enhance the practicality of the property. Sold with no onward chain, it is situated within walking distance of key amenities, including Hereford County Hospital and public transport links to the city centre. The interior boasts a bright lounge with access to the garden via sliding doors, ensuring an airy atmosphere filled with natural light. Adjacent to the lounge is a formal dining room that could easily double as a study or office space. The large kitchen/breakfast area provides a great foundation for modern updates, complemented by a downstairs W.C. Access from the kitchen into the garage opens up possibilities for conversion or additional storage. Upstairs features five bedrooms, offering versatility for family living or guest use, alongside a family bathroom. The tiered rear garden currently requires landscaping but holds promise for creating an inviting outdoor area. Overall, this property stands out as a considerable project ripe for modernization and personal touches in a sought-after location.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£259/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£596,107
10% above area average per sq ft
Potential ROI
+11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on HR1 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

Hereford HR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-4.0% since listed
£475,000£20,000(-4.0%)
16/03/2026
Current price
£495,000Initial listing
20/11/2025

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