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Lugwardine, Hereford

West Midlands

£125,000
Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Plot

Description

This desirable building plot is situated in the charming village of Lugwardine, conveniently positioned just off the A438 and within close proximity to Hereford (3 miles) and Ledbury (12 miles). Encompassing a former garden space measuring approximately 40 metres by 41 metres, the plot is level and fully enclosed, presenting an excellent opportunity for development. The local area boasts essential amenities, including a church, public house, and a secondary school, with additional facilities available in the nearby Bartestree. Notably, detailed planning permission has been granted (Application No. 203644) for the construction of a single dwelling that will feature an open plan kitchen/living room on the ground floor along with two bedrooms and a bathroom on the first floor. There is also potential for expanding the development subject to obtaining further planning consent. Access will need to be constructed from the A438 in line with planning conditions. All main services are reportedly available for connection; however, prospective buyers should conduct their own inquiries regarding costs and availability. This plot offers a unique chance to create a contemporary home tailored to individual preferences in a sought-after location.

Investment Analysis

(HR1 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on HR1 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

Lugwardine, Hereford
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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
£443
Based on a loan of £93,750 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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