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Risbury, Leominster, Herefordshire HR6

West Midlands

£400,000
Listed on 25/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1509 sqft

Description

This three-bedroom detached cottage, nestled in the quaint village of Risbury, offers an exciting renovation opportunity for those looking to craft a personalized countryside retreat. Set on an expansive plot of approximately 0.7 acres, the property features two inviting reception rooms adorned with charming log burners and solid fuel heating, alongside a functional kitchen/breakfast area and a family bathroom. The upper floor comprises two generous double bedrooms and a single bedroom, catering to families or guests alike. Additionally, the property includes a substantial storage area currently serving as a workshop, which presents potential for conversion into additional living space pending necessary planning permissions. Although the home requires extensive modernisation throughout, it is brimming with potential for investors or DIY enthusiasts eager to transform it into their dream home. The outdoor space is equally impressive; boasting ample land for parking, vegetable beds, and gardening pursuits along with a large greenhouse and traditional well at the front. The rear garden features an established orchard and wildflower area that enhances its natural appeal. With its combination of rural tranquility and proximity to local amenities in nearby Leominster, this property stands as a prime candidate for those seeking a rewarding project in a picturesque setting.

Investment Analysis

(HR6 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£265/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£458,630
10% above area average per sq ft
Potential ROI
-6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (HR6)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on HR6 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

Risbury, Leominster, Herefordshire HR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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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