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86 St Owen Street, Hereford HR1 - Image 1
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86 St Owen Street, Hereford HR1

West Midlands

£125,000
Listed on 02/04/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
701 sqft

Description

This semi-detached two-storey property offers a unique freehold opportunity located near Hereford city centre. The building, constructed from load-bearing brickwork with both pitched slate and flat-roof sections, features a ground floor comprising a lobby/reception area, an office space, and rear staff facilities including WC amenities. The upper level houses a large office alongside a storage room. Given its current condition, the property presents significant potential for redevelopment or alternative use, subject to the necessary planning permissions. While it has night-storage heating in place, the premises are in need of general upgrading and refurbishment to modernize the space. Additionally, there is a garden area at the rear and a concrete forecourt at the front, enhancing external appeal and usability.

Investment Analysis

(HR1 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£178/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£227,475
10% above area average per sq ft
Potential ROI
+30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.0%
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

86 St Owen Street, Hereford HR1
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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
£443
Based on a loan of £93,750 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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