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Ross Road, Hereford, HR2 7QJ

West Midlands

£250,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
929 sqft

Description

This three-bedroom semi-detached property features a charming bay front and is ideally situated in a sought-after area south of Hereford. It is an excellent opportunity for those looking to undertake a renovation project that allows for personal customization. The home is being sold with no onward chain, facilitating a smooth transaction process. While it requires comprehensive updating throughout, the layout provides ample space to create a modern living environment while still residing on-site during the renovations. The generous rear garden adds significant value and the off-street parking enhances practicality. Inside, you’ll find a spacious living room with bay window, a dedicated dining area, and a kitchen with direct access to the outdoor space. The first floor comprises three well-sized bedrooms and a family bathroom. This property has substantial potential for investors or DIY enthusiasts eager to transform it into their ideal family home.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£269/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£284,139
10% above area average per sq ft
Potential ROI
-9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Ross Road, Hereford, HR2 7QJ
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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
£916
Based on a loan of £187,500 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