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Cotterell Street, Hereford

West Midlands

£182,500

Listed on 13/10/2026

The listing

Property details

Bedrooms
2
Type
End Of Terrace
Area
732 sqft

Description

Nestled in a quiet and established residential area, this two-bedroom semi-detached house presents an excellent opportunity for first-time buyers or investors. While the property requires some modernisation, it comes with the advantage of no onward chain and features gas central heating. The south-facing rear garden is generously sized, providing a perfect sun trap, and there is a useful cellar that offers additional storage space with potential for conversion, subject to necessary consents. The accommodation includes an entrance hall leading to an open plan lounge and dining room, which boasts two radiators and glazed sash windows that fill the space with natural light. The kitchen is equipped with wall and base cupboards, work surfaces, and space for appliances, along with a door that opens to the outside. The first floor comprises two well-proportioned bedrooms and a bathroom that includes a separate shower cubicle. Externally, the property features a small enclosed garden at the front and a larger, well-maintained rear garden that is ideal for outdoor enjoyment. This home offers a wealth of potential, and we highly recommend an internal inspection to fully appreciate its possibilities.

WHOTS analysis

Our WHOTS verdict

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

53out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This semi-detached house presents a compelling opportunity for first-time buyers or investors looking to add value through renovation. With an asking price of £182,500, the property stands at £249/sqf, which is notably lower than the local average of £287/sqf — a solid advantage for those looking to acquire in this area.

While the interiors are dated and show signs of wear across various rooms, including the living area, bedrooms, and kitchen, this offers a blank canvas for modernisation. The spacious south-facing rear garden adds to the appeal, providing a lovely outdoor space that can be enhanced further. However, potential buyers should be mindful that the all-in costs of £242,500 (including renovations) are tight compared to local benchmarks, indicating a need for careful financial planning to ensure a successful project.

Key opportunities

  • Opportunity to modernise dated interiors and fixtures throughout the house.
  • The spacious south-facing garden can be transformed into an attractive outdoor space.
  • The cellar offers potential for conversion or additional storage, subject to necessary permissions.

Key risks

  • All-in renovation costs appear tight against local property benchmarks, requiring careful budgeting.
  • Dated condition and signs of wear in several rooms may require more extensive work than initially anticipated.

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Map

Location

Cotterell Street, Hereford
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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
£689
Based on a loan of £136,875 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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