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Lugwardine, Hereford

West Midlands

£125,000

Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Plot

Description

This appealing building plot is conveniently situated just off the A438 in the sought-after village of Lugwardine, adjacent to the River Lugg and within easy reach of Hereford (3 miles away) and Ledbury (12 miles). The site, previously part of 1 Quarry House's garden, measures approximately 40 metres by 41 metres and is both level and enclosed. Local amenities within Lugwardine include a church, public house, a secondary school (RC), and bus services, with additional facilities available in nearby Bartestree, including a nursery school, primary school, shop, village hall, and sports field. This area falls under the catchment for Bishops Secondary School. Planning consent was granted on March 16, 2026 (Application No. 203644) for the construction of a single dwelling featuring vehicle access and associated infrastructure. There may also be opportunities to build a larger residence pending necessary approvals. Detailed documentation can be accessed via the Herefordshire Planning Portal. The proposed contemporary dwelling will consist of an open-plan kitchen/living area and two bedrooms with a bathroom on the first floor. Potential buyers will need to establish a new access road from the A438 as outlined in planning conditions. All primary services are believed to be available for connection; however, verification of costs and availability remains essential for prospective purchasers.

Investment Analysis

(HR1 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -1.2%
5 year growth: +6.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% 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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