
West Midlands
£350,000
Listed on 22/09/2026
Listed on 22/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This three-bedroom detached cottage in Risbury is a compelling renovation project set within approximately 0.7 acres of generous grounds. The asking price of £350,000 is notably cheap at £232/sqf compared to the local average of £276/sqf, presenting an attractive opportunity for buyers looking to acquire a property with the potential for significant value creation. However, the extensive signs of neglect and need for modernisation, particularly in the living areas and kitchen, indicate a comprehensive renovation is required throughout.
With characterful features, such as log burners and a spacious workshop area, there’s ample scope to enhance the living space and possibly integrate the workshop into the main house. The large grounds offer exciting landscaping opportunities, including the potential to cultivate vegetable beds or enhance the existing orchard. Nevertheless, the overall renovation economics are weak; the projected all-in costs of around £500,000 exceed local benchmarks for this size of property, which may limit profitability. Buyers should be prepared for a full-gut programme, given the extent of work needed, including addressing potential structural issues.
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Transport
Leominster Rail Station
3.6 miles
Train · Leominster
Hereford Rail Station
9.7 miles
Train · Hereford
Ludlow Rail Station
12.3 miles
Train · Ludlow
Ledbury Rail Station
14.4 miles
Train · Ledbury
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
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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