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Redhill, Hereford, HR2

West Midlands

£199,950
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
893 sqft

Description

Constructed in the 1960s, this three-bedroom end-of-terrace property offers a spacious layout ideal for those looking to invest in a renovation project. With approximately 83.1 sq.m (894.2 sq.ft) of living space, the home features a newly installed roof that comes with a ten-year guarantee, ensuring peace of mind regarding structural integrity. The ground floor includes a living room and a separate dining area that opens up to the rear garden, enhancing its potential for modernisation and reconfiguration. The kitchen is functional but could benefit from contemporary updates and improvements. The first floor houses three bedrooms—two generously sized doubles and a single—each equipped with built-in storage solutions. A family bathroom and a separate WC also provide essential amenities but are ripe for refurbishment. Situated on a generous corner plot, there is considerable opportunity for landscaping improvements or creating off-road parking, subject to obtaining the necessary permissions. The gardens at both the front and rear add to the outdoor appeal, allowing for potential enhancements or expansions. Located conveniently south of Hereford with access to various local shops, schools, and transportation links, this property presents an excellent opportunity for buyers seeking to inject their personal style while increasing property value through thoughtful renovations.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -20.3% below area average per sq ft

-20.3%
Potential saving
This Property
£224/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£275,830
10% above area average per sq ft
Potential ROI
+17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +1.2%
5 year growth: +10.8%
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

Redhill, Hereford, HR2
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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
£708
Based on a loan of £149,962 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

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