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Oakland Villas, Hay-On-Wye, Hereford HR3

West Midlands

£315,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1577 sqft

Description

Situated in the tranquil and sought-after market town of Hay-on-Wye, this three-bedroom semi-detached home presents a compelling opportunity for renovation. This property is perfect for those looking to customize their living space, set against a backdrop of beautiful countryside views. With no onward chain, you have the flexibility to plan your renovations without delay. The generous layout and traditional configuration allow for various refurbishment possibilities, such as modernization or even extension (subject to planning approval). On the ground floor, you'll find a welcoming entrance hall leading into spacious reception areas that can be transformed into modern living environments. The kitchen is ready for an update, with enough room for dining options. There’s ample opportunity to reconfigure the layout or extend at the rear to maximize usable space. A rear porch currently serves as a utility area and offers access to a convenient ground floor WC. The first floor features three well-sized bedrooms, each adaptable for family needs or home office use, alongside a family bathroom that awaits modernisation - offering potential for an elegant redesign. The exterior boasts a large rear garden that invites landscaping and outdoor entertaining possibilities, while off-road parking and a garage requiring some repair add practical value. The front garden also offers room for creating additional off-road parking with appropriate permissions. This location not only provides serene surroundings but also contributes to a vibrant community atmosphere enriched by local markets and independent shops. Nestled near the Brecon Beacons National Park and the River Wye, this property is ideal for nature enthusiasts seeking both charm and outdoor adventure.

Investment Analysis

(HR3 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£200/sq ft
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£510,522
10% above area average per sq ft
Potential ROI
+43.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HR3)

Area prices are falling by -13.1% over the last 12 months
3 year growth: -18.4%
5 year growth: +1.8%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,136
Based on a loan of £236,250 over 30 years at 4.06% 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.

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