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Holme Lacy Road, Hereford

West Midlands

£205,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
844 sqft

Description

This three-bedroom semi-detached family home is being sold with no onward chain, presenting an excellent opportunity for investors or buyers looking to create a personalized living space. Situated in a well-established area south of Hereford City, the property benefits from proximity to various amenities, including schools, shops, and public transport links. The residence occupies a generous corner plot which offers significant scope for refurbishment and modernization. The interior is currently dated but retains a functional layout that includes an entrance hall, lounge, kitchen/diner, three bedrooms, and a family bathroom. The large front garden provides ample outdoor space while the private rear garden features a paved patio area ideal for relaxation or outdoor gatherings. With off-road parking available for multiple vehicles and additional storage provided by the shed at the back, there is considerable potential to enhance this home to meet contemporary standards. This property could be transformed into a modern family haven with thoughtful updates.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£243/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£261,437
10% above area average per sq ft
Potential ROI
+8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +8.6%
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

Holme Lacy Road, Hereford
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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
£731
Based on a loan of £153,750 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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