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Sutton St. Nicholas, Hereford HR1

West Midlands

£450,000Guide Price

Listed on 23/06/2026

Property details

Bedrooms
N/A
Type
Land

Description

This property presents a remarkable investment opportunity in the form of a development site comprised of four plots, strategically located in the desirable village of Sutton St Nicholas, just outside Hereford. The site offers detailed planning permission for the construction of two bungalows and two houses, each with their own gardens and garages. Encompassing approximately 0.72 acres, the land is level and conveniently situated away from busy roads while still being accessible to local amenities. This area features an excellent primary school, shops, and leisure facilities within easy reach. With planning permission granted on October 23rd, 2025, buyers can capitalize on a well-structured scheme designed to include spacious living areas and multiple bedrooms per dwelling. This site not only caters to residential needs but also encourages developers and builders to enhance its potential further. Essential services, including mains electricity and water, are nearby, making it easier to commence development. The site is limited to four residential properties only, providing a unique chance for those looking to invest or develop in a sought-after community. Please note that all offers must be submitted via the Informal Tender process by the specified date.

Investment analysis

(HR1 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£400,000 - £600,000
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
11%
Properties sold annually

Local Market Trend (HR1)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -1.7%
5 year growth: +2.8%
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

Sutton St. Nicholas, Hereford HR1
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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
£1,700
Based on a loan of £337,500 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

This calculation uses non-residential (land/commercial) tax rates.

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