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Great Howle Development Site, Howle Hill, Ross on Wye, Herefordshire, HR9 5SP - Image 1
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Great Howle Development Site, Howle Hill, Ross on Wye, Herefordshire, HR9 5SP - Image 11

Great Howle Development Site, Howle Hill, Ross on Wye, Herefordshire, HR9 5SP

West Midlands

£275,000
Listed on 10/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents an exceptional development prospect nestled within the scenic rural landscape of South Herefordshire. Spanning approximately 0.43 acres, the site comes with full planning approval for a thoughtfully designed development comprising four homes: two detached four-bedroom properties aimed at the open market, complemented by two semi-detached two-bedroom dwellings intended as affordable housing. Each design has been curated to enhance the stunning countryside views characteristic of Howle Hill, promoting a harmonious integration with the existing village architecture. The overall layout efficiently utilises the available space while responding to local demand for quality housing in this desirable area. The larger homes will each cover around 118 sq m (1,270 sq ft), with garages included, while the smaller affordable units will provide approximately 80 sq m (861 sq ft). All properties are planned to feature private parking solutions and outdoor spaces including garden sheds for semi-detached residences. Positioned next to Howle Hill Crossroads and benefiting from direct access via Sharman Pitch, this site combines convenient connectivity with a tranquil rural atmosphere—a rare find in today’s market. The breathtaking views across the countryside significantly enhance its appeal and promise strong interest upon completion. Located within the Wye Valley Area of Outstanding Natural Beauty, Howle Hill offers a picturesque setting surrounded by nature yet remains close to essential amenities in nearby towns such as Ross on Wye and Monmouth, both known for their vibrant communities and excellent facilities. Access to major roadways is streamlined, with the A40 located just under four miles away, ensuring easy commutes to Hereford, Gloucester, and beyond. This strategic location allows residents to enjoy a rural lifestyle without sacrificing convenience. The project benefits from an established planning framework, including various approvals that facilitate immediate action on-site development. The Section 106 Agreement ensures that no more than one open-market dwelling may commence until the affordable units are completed—an attractive stipulation for investors looking at long-term returns in this growing market. Currently connected to mains water with electricity readily available nearby, further investigations into utility connections are encouraged for prospective developers.

Investment Analysis

(HR9 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£239
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (HR9)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on HR9 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

Great Howle Development Site, Howle Hill, Ross on Wye, Herefordshire, HR9 5SP
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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
£992
Based on a loan of £206,250 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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