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Redhill, Hereford HR2

West Midlands

£199,950
Listed on 19/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
893 sqft

Description

This three-bedroom end-of-terrace house, built in the 1960s, presents a promising opportunity for those looking to invest in a home with significant renovation potential. With an approximate area of 83.1 sq.m (894.2 sq.ft) and being situated on a generous corner plot, it offers ample space for modernization and value enhancement. The property features a new roof with a 10-year guarantee, providing peace of mind regarding one major structural element. The ground floor includes a living room that flows into a separate dining area, creating an inviting space for family gatherings, along with a kitchen that leads to a useful utility room. The layout allows for flexible redesigns, which could improve functionality and aesthetic appeal. On the first floor, you will find three bedrooms—two doubles and one single—each equipped with built-in cupboards. The family bathroom is functional but could benefit from updating to meet contemporary standards. Gardens are located at both the front and rear of the property, where there is potential for landscaping improvements or even off-road parking creation, subject to planning permissions. The location offers easy access to local amenities in Hereford while being just 1.5 miles from the city centre. Overall, this property is ideal for buyers who seek a straightforward purchase process without an onward chain and have the vision to elevate it into their dream home.

Investment Analysis

(HR2 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£224/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£276,616
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HR2)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +8.6%
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

Redhill, Hereford HR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£713
Based on a loan of £149,962 over 30 years at 3.97% 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

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