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The Vines, Grandstand Road, HEREFORD

West Midlands

£195,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
570 sqft

Description

This two-bedroom end-terrace property presents a valuable opportunity for those interested in renovation and investment. Positioned to the west of Hereford, it offers convenient access to local amenities such as pubs, shops, retail parks, the Hereford Leisure Centre, and dining options. The area is well-serviced by public transport, providing a direct route into the city centre, where additional recreational and shopping facilities are available. Educational institutions like Hereford Sixth Form and Technology and Arts Colleges are also in close proximity, alongside primary and secondary schools including Whitecross High School and Trinity Primary School. While this property requires some modernization, it boasts significant potential as an investment or personal project. The layout features an entrance hall leading to a kitchen and a spacious open-plan lounge/diner on the ground floor. Upstairs, you'll find two well-proportioned bedrooms complemented by a family bathroom. Outdoor space includes a rear garden that is predominantly laid to lawn and benefits from views overlooking Hereford Racecourse, adding charm to the property. Additional features include allocated off-road parking, enhancing convenience for residents. With no onward chain attached to the sale, this property is ready for transformation. Its location near the city centre combined with its renovation potential makes it an attractive prospect for buyers looking to create their ideal living space or capitalize on rental income in a desirable area.

Investment Analysis

(HR4 area)

Above Market Value

This property is priced +18.4% above area average per sq ft

+18.4%
This Property
£342/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£181,234
10% above area average per sq ft
Potential ROI
-19.5%
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

The Vines, Grandstand Road, 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
£714
Based on a loan of £146,250 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