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South Street, Leominster, Herefordshire, HR6 8JA

West Midlands

£200,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This substantial freehold property, recognized as Grade II Listed, presents a significant investment opportunity with both commercial and residential components. The ground floor boasts a spacious retail area featuring an appealing double frontage, along with a secondary storage space and cellar for added utility. The upper floors contain two self-contained one-bedroom flats, currently tenanted, which benefit from separate side access and an enclosed courtyard garden at the rear. Located in the bustling market town of Leominster, this property is strategically positioned near key transport links including the A49 and A44 routes and is accessible via Manchester-Cardiff railway services. The commercial space offers potential for further development into additional residential units subject to acquiring the necessary planning approvals, making it an attractive proposition for investors looking to capitalize on the ongoing expansion of the town. Each flat has individual characteristics that could be enhanced through renovation, creating opportunities for increased rental income or resale value. With a backdrop of significant local growth initiatives, this property represents a promising venture in a developing area.

Investment Analysis

(HR6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£172
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HR6)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -6.4%
5 year growth: +3.4%
Investment Disclaimer: Analysis based on HR6 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

South Street, Leominster, Herefordshire, HR6 8JA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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

-4.8% since listed
£200,000£10,000(-4.8%)
11/07/2025
Current price
£210,000Initial listing
06/04/2025

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