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Upton Bishop, Ross-On-Wye HR9

West Midlands

£600,000
Listed on 16/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This freehold development site presents a remarkable opportunity for investors or developers looking to create three distinguished homes in an attractive and desirable area. Situated on a sunlit plot with stunning views, the site has detailed planning consent to construct one four-bedroom detached property alongside two three-bedroom detached homes, each equipped with gardens and garages. Located just outside the charming village of Upton Bishop, this site offers excellent connectivity to larger towns such as Hereford and Ross on Wye, making it an appealing option for potential homeowners seeking both rural tranquillity and urban convenience. The approved design includes spacious open-plan areas that are perfect for modern living, alongside generous bedroom suites to cater to family needs. While mains electricity and water are accessible nearby, there is a requirement for a private treatment plant installation. This is an exceptional opportunity for small developers aiming to build bespoke properties tailored to the high-end market in a sought-after location. The investment potential is significant given the region's accessibility and growing popularity.

Investment Analysis

(HR9 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£225
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (HR9)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.6%
Investment Disclaimer: Analysis based on HR9 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

Upton Bishop, Ross-On-Wye HR9
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 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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