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Moor Park Road, Hereford

West Midlands

£280,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1039 sqft

Description

Nestled in the desirable area of Moor Park Road, this detached bungalow in Hereford is a promising canvas for those looking to invest in a home transformation. Featuring three generously spaced bedrooms, it is well-suited for families or individuals who appreciate spacious living. The reception area exudes a welcoming vibe, making it a great spot for relaxation and social gatherings. The existing single bathroom caters to basic necessities, but with some modern upgrades, the potential for this property to reflect your personal style is substantial. This opportunity allows future owners to renovate according to their preferences and needs. Outside, you'll find parking for two vehicles along with a garage that presents options for additional storage or even a workshop setup. The location is another highlight; Three Elms is a well-established suburb known for its tranquility while providing convenient access to local amenities such as shops, eateries, and transport links into the vibrant city centre. Families will appreciate the proximity to reputable schools within the community. Accommodation includes an entrance hall leading into a spacious living/dining room featuring dual-aspect windows and an electric fire, a kitchen equipped with ample storage options and space for major appliances, along with two double bedrooms and one single bedroom—all offering various possibilities for improvement. The bathroom comes fitted with essential fixtures including a walk-in shower. Externally, the property boasts both front patio space and a sizable rear garden, equipped with features like a shed and greenhouse—ideal for outdoor enthusiasts or those wanting to create their own garden retreat.

Investment Analysis

(HR4 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£269/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£333,898
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (HR4)

Area prices are falling by +8.7% over the last 12 months
3 year growth: -6.1%
5 year growth: 12.9%
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

Moor Park Road, Hereford
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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
£1,010
Based on a loan of £210,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE