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Merrivale Lane, Ross-On-Wye

West Midlands

£350,000
Listed on 23/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1768 sqft

Description

This three/four bedroom detached dormer bungalow is an excellent opportunity for investors or those looking to make a property their own. The home features spacious and adaptable living spaces, making it ideal for various lifestyles. It boasts the potential for modernization throughout, with a sizable driveway leading to a single garage and a generous rear garden ripe for enhancement. The versatile layout includes a large living room with a gas coal fireplace, multiple bedrooms with built-in storage solutions, and a kitchen/dining area that opens up to the utility room and rear porch. The upstairs hosts the main bedroom complete with an en-suite shower room and dressing area. Outside, the expansive garden offers a mix of concrete patios and lawns framed by mature plants and fruit trees, providing plenty of scope for landscaping improvements or outdoor entertaining areas.

Investment Analysis

(HR9 area)

Below Market Value

This property is priced -36.2% below area average per sq ft

-36.2%
Potential saving
This Property
£198/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£239
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£603,180
10% above area average per sq ft
Potential ROI
+54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Merrivale Lane, Ross-On-Wye
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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
£1,262
Based on a loan of £262,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE