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Peregrine Close, Hereford

West Midlands

£250,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1535 sqft

Description

This three-bedroom residence, nestled within a serene cul-de-sac, presents an exciting opportunity for modernisation with no onward chain. The property features off-road parking, a garage, and a private rear garden that enhances its appeal. Conveniently located near local amenities and just south of Hereford city centre, it offers easy access to shops, takeaways, and supermarkets as well as nearby green spaces for leisurely walks. The home comprises a spacious entrance hall leading to various living spaces including a comfortable lounge with a gas fireplace and a sun room that opens up to the rear garden. The kitchen already includes fitted wall and base units but could benefit from an upgrade to enhance functionality. Three bedrooms provide ample space for family living or investment potential, while two bathrooms—one being a shower room—offer necessary facilities. The enclosed garden is primarily gravelled but holds potential for landscaping or further development. With the garage already equipped with electricity and serving as a boiler house, there is also potential for additional upgrades here. Overall, this property stands as a blank canvas for those looking to invest in renovation work in an increasingly popular area.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£163/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£472,527
10% above area average per sq ft
Potential ROI
+65.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Peregrine Close, 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
£944
Based on a loan of £187,500 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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