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Gorsty Lane, Hampton Dene, Hereford, HR1

West Midlands

£305,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1422 sqft

Description

This link detached three-bedroom home, situated in the desirable Hampton Dene area north-east of Hereford, presents a promising opportunity for renovation and investment. While the property currently requires modernisation throughout, it benefits from essential features such as off-road parking, a garage, and an enclosed rear garden. The accommodation includes a welcoming entrance porch leading to a spacious sitting room with a living flame gas fire and dining area that flows into a garden room filled with natural light. The kitchen is functional but could be updated to meet contemporary standards. A utility room and downstairs wet room add convenience for family living. Upstairs, three bedrooms provide ample space, alongside a bathroom that offers potential for redesign. The property has double glazing where indicated and gas central heating but would significantly benefit from refurbishment to unlock its full potential. With local amenities and transport links nearby, this home is positioned well for those looking to create their ideal living space in a sought-after location.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -27.0% below area average per sq ft

-27.0%
Potential saving
This Property
£214/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£459,406
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (HR1)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +2.3%
5 year growth: +9.0%
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

Gorsty Lane, Hampton Dene, Hereford, HR1
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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
£1,100
Based on a loan of £228,750 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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