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Weston Under Penyard, Ross-on-wye, HR9

West Midlands

£499,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1038 sqft

Description

This charming stone cottage, set within approximately 0.5 acres of garden space, presents a prime opportunity for renovation and potential business development. Located just a mile from the lively village of Weston-under-Penyard and close to Ross-on-Wye, this property combines traditional architectural features with significant investment possibilities. The main dwelling requires modernisation and currently includes a spacious lounge, kitchen with pantry, two bedrooms, and a bathroom. A unique aspect is the presence of two outbuildings; one serves as a double garage while the other is a substantial workshop with reception area—ideal for those contemplating starting a home-based business (subject to planning consent). Outside, mature gardens with various trees and an aluminium greenhouse further enhance the property's appeal. This property truly offers an excellent prospect for buyers interested in creating their dream home or expanding their business ventures in a picturesque rural setting.

Investment Analysis

(HR9 area)

Above Market Value

This property is priced +53.7% above area average per sq ft

+53.7%
This Property
£481/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£232
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£357,155
10% above area average per sq ft
Potential ROI
-33.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (HR9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -4.0%
5 year growth: 7.7%
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

Weston Under Penyard, Ross-on-wye, HR9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,828
Based on a loan of £374,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE