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Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 1
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 2
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 3
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 4
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 5
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 6
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 7
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 8
Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9 - Image 9

Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9

West Midlands

£350,000
Listed on 08/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property represents a unique investment opportunity in a well-regarded village, complete with outline planning permission for the development of three residential units. The site encompasses potential for a single detached bungalow and two semi-detached houses, all designed to take advantage of the beautiful rural views prevalent in this charming area. The existing plans propose a three-bedroom bungalow spanning approximately 1,076 sq.ft, alongside two three-bedroom semi-detached homes of around 807 sq.ft each. The location is advantageous, offering access to local amenities including shops and pubs, as well as transport links to nearby towns. Given the demand for housing in this picturesque village setting, the prospect of building these dwellings not only promises an appealing lifestyle but also substantial investment potential for developers or individual buyers looking to capitalize on the area's growth. Essential services such as electricity and water are readily available nearby, although drainage will require connection to a private treatment system. Overall, this plot offers significant renovation and development scope subject to approved plans and any necessary pre-planning conditions.

Investment Analysis

(HR9 area)
Area Average
£314/sq ft
Avg Rent (weekly)
£245
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HR9)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -6.7%
5 year growth: -0.7%
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

Land Opposite The Pippins, Peterstow, Ross-on-Wye, Herefordshire, HR9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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