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Victoria Street, Hereford, HR4

West Midlands

£375,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1650 sqft

Description

This Victorian townhouse presents a compelling investment opportunity with diverse possibilities for renovation and adaptation. Situated just outside Hereford city centre, the property boasts separate buildings, off-road parking, and a garden room, making it suitable for residential living, semi-commercial use, or even mixed-use development subject to obtaining necessary consents. The unique layout includes two staircases; one leading into the kitchen from an upstairs area that historically served as a bookmaker’s office. The interior features around 2,098 sq ft of space across two floors. The ground floor offers a kitchen and breakfast room alongside three spacious reception rooms adorned with characterful fireplaces and original detailing. Upstairs are three bedrooms and a bathroom awaiting modernisation while preserving period charm. The property's rear includes former stables used for garaging, which could be integrated into the main residence if desired. Additionally, there’s a detached garden office or studio with its own chimney and an accompanying Victorian greenhouse that enhances the property's distinctive allure. A gated entrance provides access to a private courtyard suited for parking alongside ample on-street permit options nearby. This townhouse is not only a family home but also holds potential as a creative workspace or an Airbnb rental due to its strategic location and versatility. With its historical background and significant scope for enhancement or redevelopment, this property represents an exciting prospect in Hereford's vibrant market.

Investment Analysis

(HR4 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£227/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£524,626
10% above area average per sq ft
Potential ROI
+15.3%
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

Victoria Street, Hereford, HR4
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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
£1,374
Based on a loan of £281,250 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