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Grafton, Hereford

West Midlands

£275,000

Listed on 18/05/2026

Property details

Bedrooms
N/A
Type
Bungalow
Area
1106 sqft

Description

This detached dormer bungalow presents a noteworthy opportunity for renovation in a convenient location. Featuring three bedrooms and two reception rooms, the property includes front and rear gardens along with off-road parking. Inside, the layout comprises an entrance hall leading to a living room with a feature fireplace and a dining room that connects to the kitchen via bi-folding doors. The kitchen is equipped with fitted units and essential appliances but would benefit from modernisation. All three bedrooms are generously sized, while the wet room offers basic amenities. The expansive gardens provide ample outdoor space for enhancement or landscaping projects, making this property ideal for investors or buyers keen on personalising their new home. Full renovation is required to bring this bungalow up to modern standards and fully realise its potential.

Investment analysis

(HR2 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£249/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£55,000 - £75,000
Target Value
£340,161
10% above area average per sq ft
Potential ROI
-2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +1.4%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on HR2 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

Grafton, 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
£1,039
Based on a loan of £206,250 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

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