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West Midlands
£335,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This spacious five-bedroom detached house presents a fantastic opportunity for those looking to acquire a property at a cheap asking price of £335,000, which is significantly below the local average at just £142/sqf. The home, located to the south of Hereford City, features a generous layout and includes an attached annex, making it ideal for families or potential rental income. Although the interiors are dated with general wear throughout, this offers a blank canvas for renovation and personalization.
The property requires extensive refurbishment, with renovation estimates ranging from £100,000 to £200,000. However, the potential for value creation is substantial, especially considering the margin against the local average value. With oil central heating and double glazing noted, there are solid fundamentals to build upon. This is a rare opportunity to secure a spacious home in a desirable location at a competitive price point, allowing for significant value enhancement through thoughtful updates and repairs.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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