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Oakland Villas, Hay-On-Wye, Hereford HR3

West Midlands

£300,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1577 sqft

Description

Located in the charming market town of Hay-on-Wye, straddling the England and Wales border, this three-bedroom semi-detached property presents a promising renovation opportunity for those looking to customize their living space. The absence of a chain simplifies the buying process, while the large rear garden offers ample outdoor space ripe for landscaping or personalizing. With stunning views of the surrounding countryside, this home sits in a tranquil location that is hard to surpass. This property requires modernization, making it an ideal candidate for those wishing to create a residence that reflects personal style and functionality. Its traditional layout and generous room sizes provide a sturdy base for potential refurbishment projects or even extension possibilities, subject to local planning regulations. Ground Floor: The welcoming entrance hallway leads into spacious reception areas that hold great potential for transforming them into inviting modern living spaces. The kitchen area is primed for updating and offers sufficient room for breakfast dining. There’s also an opportunity to enhance the layout further by opening up adjoining spaces or extending towards the rear. A rear porch functions as a utility area with convenient access to a ground floor WC. First Floor: The first floor comprises three well-sized bedrooms that are adaptable for family living, guests, or work-from-home arrangements. The family bathroom is in need of modernization but holds potential for redesigning into a stylish contemporary suite. Exterior: Outside, the expansive rear garden is perfect for creating an outdoor retreat or entertaining area. Parking at the rear includes off-road space along with a garage that would benefit from some repairs. There is also scope to develop off-road parking at the front, pending permissions. Nestled in an established neighborhood with a village atmosphere, this property combines peaceful living with abundant local amenities, including shops, schools, and health services. Hay-on-Wye itself is famed for its literary culture and vibrant community events amidst breathtaking landscapes ideal for outdoor activities such as hiking and cycling. For those looking to invest in renovation within one of the UK’s most picturesque locations, this property showcases remarkable potential.

Investment Analysis

(HR3 area)

Below Market Value

This property is priced -35.5% below area average per sq ft

-35.5%
Potential saving
This Property
£190/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£511,650
10% above area average per sq ft
Potential ROI
+48.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HR3)

Area prices are falling by -10.3% over the last 12 months
3 year growth: -19.2%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on HR3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Oakland Villas, Hay-On-Wye, Hereford HR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-4.8% since listed
£300,000£10,000(-3.2%)
23/04/2026
Current price
£310,000£5,000(-1.6%)
26/03/2026
£315,000Initial listing
16/03/2026

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