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Ridgemoor Road, Leominster HR6 - Image 1
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Ridgemoor Road, Leominster HR6

West Midlands

£125,000

Listed on 31/05/2026

Property Details

Bedrooms
1
Type
Detached house

Description

This one-bedroom property presents a promising opportunity for those interested in a renovation project. It has significant potential for enhancement and personalization, perfect for buyers looking to invest and create a living space that reflects their style. The exterior features a practical storage cupboard positioned near the entrance, ideal for housing utility meters or other essentials. Upon entering, you'll find a lounge that flows directly into the kitchen, offering a straightforward ground floor layout that is ripe for reconfiguration. While the property benefits from gas central heating and is fully double glazed, the kitchen requires modernization, allowing future owners to implement their design preferences. The upstairs comprises a generous double bedroom alongside a bathroom that has recently been updated with modern fixtures, including both a bath and shower over. Additionally, the bathroom cleverly incorporates space for the boiler within a cupboard, enhancing overall storage options. With allocated parking and offered with vacant possession, this property is well-suited for first-time buyers or investors aiming for an uncomplicated renovation venture. Tenure is freehold and there’s no onward chain. Mains services—gas, water, drainage, and electricity—are readily connected. Furthermore, broadband availability in this area boasts ultrafast speeds (up to 2300Mbps) according to Ofcom.

Investment Analysis

(HR6 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£178
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HR6)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -4.6%
5 year growth: +6.9%
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

Ridgemoor Road, Leominster HR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£472
Based on a loan of £93,750 over 30 years at 4.45% 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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