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Eastholme Avenue, Hereford HR2 - Image 1
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Eastholme Avenue, Hereford HR2

West Midlands

£186,500
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
596 sqft

Description

This two-bedroom terraced property is situated in the desirable Belmont area, known for its community atmosphere and accessibility to local amenities. The home presents a promising opportunity for renovation, allowing you to tailor the space to your preferences while potentially enhancing its market value. The property features double glazing throughout, which helps with energy efficiency and comfort. Upon entry, the hallway leads into a kitchen equipped with an array of base and wall units and a front-facing double-glazed window that invites natural light into the space. The sitting room, spacious enough for various layouts, offers direct access to the garden through double-glazed doors, creating an easy flow between indoor and outdoor living areas. Upstairs, you’ll find a well-proportioned landing leading to two bedrooms and a bathroom. Both bedrooms have good dimensions, making them versatile for use as sleeping quarters or home offices, depending on your needs. Externally, the property includes a private lawned rear garden which can be transformed into a welcoming outdoor space. Additionally, there is a garage along with driveway parking available beside the house—an appealing feature in this area where off-street parking can be hard to come by. With the right updates and personal touches, this property could become not only a comfortable home but also a solid investment opportunity in Belmont’s evolving real estate market.

Investment Analysis

(HR2 area)

Above Market Value

This property is priced +12.1% above area average per sq ft

+12.1%
This Property
£313/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£18,650 - £46,625
10-25% of property value
Target Value
£183,011
10% above area average per sq ft
Potential ROI
-21.5%
After renovation
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 4.7%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on HR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Eastholme Avenue, Hereford HR2
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