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Hereford, Herefordshire, HR4

West Midlands

£800,000
Listed on 30/12/2025

Property Details

Bedrooms
7
Type
Terraced house
Area
4898 sqft

Description

This Grade II listed Edwardian property presents an exciting opportunity for renovation and investment. Boasting original period features, this seven-bedroom home offers flexible accommodation suitable for a range of purposes, from family living to potential rental spaces due to its distinct layout. Located approximately a mile from Hereford city centre, the property is accessed via a private driveway that provides ample off-road parking. The entrance leads into a spacious reception hallway showcasing wooden flooring and a charming period staircase. To the side, you will find a versatile drawing room with bay windows and an ornate fireplace, while across the hall is another reception area that could easily serve as a snug or office. The ground floor also accommodates a dining room with classic features and views of the front garden. An inner hall connects various rooms, including access to the basement – which holds significant potential for development (subject to necessary permissions) as it comprises multiple adaptable spaces such as an office or games room, along with an original wine store. The kitchen/breakfast area is functional but could benefit from modernisation; it includes traditional units and an AGA but may require updates to maximise efficiency. The adjoining utility room holds further storage and laundry capabilities. An upper floor offers generous bedroom space, including a principal suite with en-suite bathroom and additional bedrooms with flexible uses. This layout allows for potential self-contained living arrangements if desired. The outdoor space with timber garages and lawned areas lends itself well to extensions or landscaping projects aimed at enhancing the property’s appeal. With its unique character and development possibilities in such a desirable location, this property represents an excellent project for those looking to create their ideal home or investment portfolio.

Investment Analysis

(HR4 area)

Below Market Value

This property is priced -43.5% below area average per sq ft

-43.5%
Potential saving
This Property
£163/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,557,344
10% above area average per sq ft
Potential ROI
+73.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HR4)

Area prices are falling by +8.1% over the last 12 months
3 year growth: -4.7%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on HR4 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, Herefordshire, HR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,931
Based on a loan of £600,000 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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