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Church Road, Lyde, Hereford, Herefordshire, HR1

West Midlands

£50,000
Listed on 06/05/2026

Property Details

Bedrooms
1
Type
Apartment

Description

This ground floor one-bedroom flat presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The flat requires modernisation, allowing you to tailor the space to your preferences. It includes a sitting room with an electric fire and heating, a kitchen fitted with wall and base units, and a wet room that features essential sanitary ware. The layout offers a functional living space with storage options throughout. Outside, the property benefits from a private rear garden, ideal for enhancing your outdoor living experience. Located conveniently for commuting within the West Midlands region, this flat is being sold by public auction without any chain, making it an attractive proposition for investors or first-time buyers eager to take on a project.

Investment Analysis

(HR1 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -1.4%
5 year growth: +6.1%
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

Church Road, Lyde, Hereford, Herefordshire, HR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£178
Based on a loan of £37,500 over 30 years at 3.97% 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

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