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Raglan Place, Hereford HR2

West Midlands

£180,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1064 sqft

Description

This spacious home, set on a substantial corner plot, presents an exceptional opportunity for renovation and investment. With no onward chain, it offers the potential to create a personalized living space in a desirable location south of Hereford City. The property features a large private rear garden and ample downstairs accommodation that includes a welcoming entrance hall, an expansive lounge/diner, and a functional kitchen with utility area. Upstairs, you'll find three bedrooms—two doubles with built-in storage—and a family bathroom. Given its generous dimensions and layout, this former family residence is ripe for modernization and could easily be transformed into a comfortable family home or rental investment. The wrap-around garden provides scope for extensions or outdoor enhancements, ideal for entertaining or play areas.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£169/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£328,648
10% above area average per sq ft
Potential ROI
+49.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +1.2%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on HR2 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

Raglan Place, Hereford HR2
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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
£638
Based on a loan of £135,000 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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