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Glewstone, Ross-on-Wye, Herefordshire HR9

West Midlands

£750,000
Listed on 09/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2102 sqft

Description

This spacious bungalow sits within a generous plot of approximately three acres, offering significant potential for renovation and development. Located in the quiet village of Glewstone, about four miles from the bustling town of Ross-on-Wye, the property enjoys a tranquil rural setting surrounded by picturesque farmland. Originally established as a bee farm, this residence provides ample opportunities to create a unique living space and explore potential conversions of its versatile outbuildings. Built in 1981, the bungalow boasts over 1800 sq. ft. of accommodation with natural light flooding through its numerous windows. The layout includes a welcoming entrance hall leading to a large sitting room complete with a wood-burning stove, alongside a dining room that opens directly into the garden. The kitchen is equipped with essential appliances but would benefit from modernisation for improved functionality. With five bedrooms and two bathrooms, there is considerable scope for reconfiguration to enhance usability or to accommodate additional features such as en-suite facilities. The extensive outdoor space includes several versatile outbuildings, including a substantial barn with three-phase power, which could be adapted for various uses or even converted depending on planning permissions. Given its size and location along with existing planning investigations that suggest viability for future development, this property represents an excellent investment opportunity for those looking to realise its full potential while enjoying the rural lifestyle it offers.

Investment Analysis

(HR9 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£357/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£239
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£717,129
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (HR9)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +5.1%
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

Glewstone, Ross-on-Wye, Herefordshire HR9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 over 30 years at 4.06% 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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