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Grafton, Hereford, HR2

West Midlands

£335,000

Listed on 02/09/2026

The listing

Property details

Bedrooms
5
Type
Detached
Area
2356 sqft

Description

Located to the south of Hereford City, this five-bedroom detached house presents a unique opportunity for renovation. The property features three reception rooms and an attached annex, making it ideal for extended family living or potential rental income. While the home benefits from oil central heating and double glazing in specified areas, it is in need of modernisation, offering a blank canvas for those looking to add value. The ground floor comprises an entrance hall/utility area, a cloakroom, a spacious kitchen/dining room, a sitting room with a brick fireplace, a study, and a family room that opens to the garden. The annex includes a bedroom, kitchen area, bathroom, and living room. On the first floor, you'll find four additional bedrooms and a family bathroom. Outside, there are two garages and ample parking, along with gardens that provide both privacy and potential. Offered at auction, this property is well-positioned for those seeking to invest in a project that can be tailored to personal tastes and requirements.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

77out of 100
Grade BGood opportunity

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.

Key opportunities

  • Spacious layout with five bedrooms and an attached annex for potential rental income.
  • Significantly below local average price per square foot, providing a strong entry point for renovation.
  • Blank canvas for extensive refurbishment, allowing for personalization and value enhancement.

Key risks

  • General wear and dated features observed in multiple areas.

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Map

Location

Grafton, Hereford, HR2
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,266
Based on a loan of £251,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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