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Walkers Green, Marden, Hereford

West Midlands

£240,000
Listed on 09/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1396 sqft

Description

This three-bedroom detached bungalow offers significant renovation and investment potential, situated in the desirable village of Marden. While the property requires modernisation, its spacious layout and versatile accommodation present an excellent canvas for transformation. The interior features a welcoming entrance hall that leads to a variety of living spaces, including a generous dining room with built-in storage. The kitchen is functional, equipped with wall and base units, and offers an opportunity for an update to suit contemporary preferences. The living room boasts large windows overlooking the rear garden, creating a bright atmosphere perfect for relaxation or entertaining. Each of the three bedrooms provides ample space, with built-in wardrobes in two rooms and one featuring an en-suite shower cubicle. An additional office area adds flexibility to the home, allowing for work-from-home arrangements or extra guest accommodation. Outside, the property features a south-facing rear garden that is primarily lawned, along with a paved patio—a setting that can be reimagined into an inviting outdoor space. The front boasts a sizeable driveway providing off-road parking alongside access to a garage and carport. Located within a friendly community atmosphere, this bungalow is close to local amenities and transport links. With no onward chain, it presents an ideal opportunity for those looking to invest in renovations while benefiting from immediate occupancy.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -41.7% below area average per sq ft

-41.7%
Potential saving
This Property
£172/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£452,925
10% above area average per sq ft
Potential ROI
+61.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HR1)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.4%
5 year growth: 17.5%
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.

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Location

Walkers Green, Marden, Hereford
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