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Monkland, Nr Leominster, Herefordshire

West Midlands

£600,000
Listed on 18/04/2026

Property Details

Bedrooms
4
Type
Smallholding
Area
1588 sqft

Description

Nestled in a peaceful rural setting, this period property presents a significant opportunity for restoration across its expansive 12.7 acres. Located between the charming villages of Eardisland, Pembridge, and Dilwyn, it offers easy access to local amenities in the historic towns of Leominster and Weobley. The property features traditional red brick construction under a tiled roof and includes three double bedrooms, with potential for modernization throughout. Its interior boasts original details like exposed beams and fireplaces, particularly in the living room and dining areas. While the kitchen/breakfast room is equipped with a Rayburn, updates are needed to bring it up to modern standards. The outside space enhances its investment potential, featuring an array of outbuildings including a double garage, stables, and a barn that could be converted into additional living or leisure space (subject to planning permission). With ample parking and established gardens complemented by grazing pastures, this property captures both character and versatility. It's ideal for those looking to create their dream home or venture into equestrian pursuits within an area rich in natural beauty and recreational activities.

Investment Analysis

(HR6 area)

Above Market Value

This property is priced +36.7% above area average per sq ft

+36.7%
This Property
£378/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£482,641
10% above area average per sq ft
Potential ROI
-33.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (HR6)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +8.0%
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

Monkland, Nr Leominster, Herefordshire
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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
£2,125
Based on a loan of £450,000 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.

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