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Raglan Place, HEREFORD

West Midlands

£180,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1064 sqft

Description

This property presents an excellent renovation opportunity, occupying a generous corner plot with ample outdoor space, including a large private rear garden. The home is sold with no onward chain and features substantial living areas across the ground floor, along with two bathrooms and three well-sized bedrooms. Located south of Hereford City in the desirable Raglan Place area, this extended former family residence offers significant potential for improvement and development. The layout includes a porch leading to an entrance hall, a spacious lounge/diner with an electric fireplace, a practical kitchen with integrated appliances, and an adjoining utility space. Upstairs are two double bedrooms and one single bedroom, complemented by family bathroom facilities. With some needed updates and repairs, particularly in the lounge where the door to the garden is broken, this property represents a solid investment for those looking to create their ideal home or capitalize on its location for future rental opportunities.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -39.4% below area average per sq ft

-39.4%
Potential saving
This Property
£169/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£326,659
10% above area average per sq ft
Potential ROI
+48.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -0.1%
5 year growth: +9.5%
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

Raglan Place, 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
£649
Based on a loan of £135,000 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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