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Hoarwithy, Hereford

West Midlands

£600,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Smallholding
Area
1098 sqft

Description

This bungalow, located in a picturesque village setting overlooking the River Wye, offers significant potential for renovation and investment. Set on approximately 0.4 acres, the property provides ample space for future developments such as self-sufficiency initiatives, potential glamping opportunities (subject to planning permissions), or simply creating your private retreat amidst nature. The dwelling features a dual-aspect living room with lovely views and a wood burner, and a modern kitchen with an Aga. While currently providing three bedrooms and necessary amenities, it could benefit from contemporary updates to maximize its appeal and functionality. Outside, the grounds include mature trees, gardens suitable for vegetable growing, and versatile outbuildings that could be repurposed. The adjacent agricultural barn adds further versatility for various farming activities or storage needs. With excellent transport links to major cities and educational institutions nearby, this property represents an exciting opportunity for buyers looking to invest in a rural lifestyle with considerable potential for growth.

Investment Analysis

(HR2 area)

Above Market Value

This property is priced +95.3% above area average per sq ft

+95.3%
This Property
£546/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£338,003
10% above area average per sq ft
Potential ROI
-50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -0.9%
5 year growth: +9.1%
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

Hoarwithy, 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
£2,267
Based on a loan of £450,000 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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