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Veldo Lane, Withington HR1

West Midlands

£600,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
4448 sqft

Description

Nestled within approximately 12 acres of the serene Herefordshire countryside, this expansive rural property presents a remarkable chance to establish a smallholding while enjoying family-friendly living. The main farmhouse spans three floors and boasts generous, adaptable spaces that are ready for modern updates or reconfiguration. The kitchen/dining area acts as a central hub for both family gatherings and entertaining, while the inviting living room serves as a cozy retreat. The layout features a ground floor bedroom and shower room, which can be transformed into a self-contained suite for guests or family members - an excellent option for multi-generational living or rental potential, pending planning permission. On the upper levels, two additional bedrooms offer tranquil views of the surroundings along with access to a family bathroom. A basement provides ample storage solutions, ideal for preserving produce or keeping other household necessities organized. The property's outdoor space is particularly suited for agricultural endeavors, with considerable land available for grazing livestock, cultivating crops, or fostering a more self-sufficient lifestyle. A variety of barns and outbuildings supplement the property, offering perfect setups for equipment storage and workshops or potentially enabling diversification into agribusiness (subject to permissions). This combination of house, land, and facilities presents an appealing opportunity for those interested in equestrian activities or hobby farming. While enjoying the peace of rural life, you remain conveniently close to essential local amenities and towns. This is not just a home; it is an investment in a lifestyle rich with potential in one of England's beautiful regions.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -54.0% below area average per sq ft

-54.0%
Potential saving
This Property
£135/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,434,569
10% above area average per sq ft
Potential ROI
+107.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -1.2%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on HR1 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

Veldo Lane, Withington HR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 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.

Stamp Duty Calculator

Price History

-11.1% since listed
£600,000£50,000(-7.7%)
21/05/2026
Current price
£650,000£25,000(-3.7%)
09/04/2026
£675,000Initial listing
16/03/2026

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