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Harewood End, Hereford

West Midlands

£300,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for renovation and investment, with outline planning permission already secured for the construction of two residential units. Currently classified as agricultural land, this site is strategically positioned adjacent to the A49 and just on the outskirts of Harewood End village, providing essential accessibility while maintaining a rural ambiance. The approved development plans include the establishment of a new vehicular access point at the northern end of the property. This access will seamlessly connect from the A49 and branch out to serve each proposed dwelling. The location offers picturesque views towards Orcop and Garway Hill, enhancing the appeal of these future residences within an idyllic countryside setting. Harewood End is characterized by its quaint charm, surrounded by the beautiful landscapes of Herefordshire. Its proximity to major transport routes such as the A49 facilitates easy travel to Hereford, Ross-on-Wye, and the M50. Residents will find local amenities that include a well-regarded pub with dining options, while nearby villages like Wormelow, Much Birch, and Peterstow offer essential services such as shops with Post Office facilities, primary schooling, and recreational clubs. While mains water and electricity are not currently connected to the site, it is believed that these utilities can be accessed from the road opposite. Prospective buyers are encouraged to verify all service connections with the relevant authorities. Additionally, it’s proposed that each house will utilize its own private septic tank system for drainage. For further details regarding planning specifications, interested parties can consult Herefordshire Council's website using application number P233706/O or contact our office directly. This property represents an intriguing chance for those looking to make their mark in a growing area where investment potential aligns with rural living. Viewings can be conducted on foot during daylight hours using What3words ///frown.accented.hinders for directions to access the field. Please park near the gateway and make your way back toward the A49 for convenience. As this description aims only to provide a general overview of the property’s opportunities and does not constitute a formal contract or representation of facts, we encourage potential buyers to conduct thorough inquiries before proceeding.

Investment Analysis

(HR2 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by +6.1% over the last 12 months
3 year growth: 2.3%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on HR2 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

Harewood End, Hereford
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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
£1,099
Based on a loan of £225,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE