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Cotterell Street, Hereford, HR4

West Midlands

£225,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1363 sqft

Description

This inner terrace house, nestled in the established Whitecross residential area to the west of Hereford city center, offers a promising opportunity for renovation and investment. The property benefits from gas central heating and double glazing, yet it is in need of further enhancements to unlock its full potential. The ground floor features a welcoming hall leading to two reception rooms and a kitchen with an adjoining utility area, while upstairs there are two bedrooms alongside a partially finished shower room. The second floor presents additional space currently used as a bedroom. A cellar provides valuable storage or potential for conversion. Outside, the south-facing garden is a notable asset, offering outdoor space for improvement or landscaping. With local amenities such as schools and shops within reach, this property not only has practical benefits but also great scope for refurbishment that could significantly enhance its desirability and value.

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
£165/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£438,020
10% above area average per sq ft
Potential ROI
+65.3%
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
33%
Properties sold annually

Local Market Trend (HR4)

Area prices are falling by +8.7% over the last 12 months
3 year growth: -6.1%
5 year growth: 12.9%
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

Cotterell Street, Hereford, HR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 over 30 years at 4.06% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE