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Risbury, Leominster, Herefordshire, HR6

West Midlands

£400,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1509 sqft

Description

This three-bedroom detached cottage, nestled in the tranquil village of Risbury, offers a compelling renovation opportunity for those seeking to create a personalized countryside retreat. Set within approximately 0.7 acres of generous grounds, the property features two inviting reception rooms equipped with charming log burners, alongside a kitchen/breakfast room and a family bathroom. Upstairs, you will find two spacious double bedrooms and an additional single room, providing ample space for family or guests. A notable aspect of this home is the significant storage area accessed from the rear, currently utilized as a workshop. With appropriate planning permissions, this space holds the potential to be integrated into the main living areas, enhancing overall accommodation. While the cottage requires comprehensive updating throughout to align with modern living standards, its inherent charm and extensive land provide an exciting canvas for renovation. The exterior grounds are impressive and include a substantial front area suitable for parking or gardening alongside established vegetable beds, a large greenhouse, and a traditional well. The gently rising rear garden boasts an established orchard and a wildflower area that contribute to its picturesque allure. Located conveniently close to Leominster, this property combines serene rural living with accessibility to local amenities—making it an enticing prospect for investors or buyers ready to embark on a rewarding renovation journey.

Investment Analysis

(HR6 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£265/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£458,298
10% above area average per sq ft
Potential ROI
-6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (HR6)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -4.1%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on HR6 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

Risbury, Leominster, Herefordshire, HR6
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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
£1,443
Based on a loan of £300,000 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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