5 Bed Terraced House, Refurb/BRRR, Ledbury, HR8 2EY, £229,000

6 The Southend, Ledbury, Herefordshire HR8 2EY - 3 years ago

Refurb/BRRR
149 m²
+9 photos

ValuationUndervalued

Sold Prices£287K - £595K
Sold Prices/m²£2.1K/m² - £3.6K/m²

 

 

Square Metres

149 m²
Price/m²£1.5K/m²

Value Estimate

£235,870
BMV3%

 

 

End Value (After Refurb)

£483,022

Uplift in Value

+111%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,250

Stamp Duty & Legal Fees

£14,730

Refurb Costs

£60,400

Bridging Loan Interest

£6,011

Total Cash In

£140,141

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£483,022

Agent Fees (1%)

£4,830

Bridging Loan

£171,750

Bridging Loan Interest

£6,011

Flip Profit

£166,301

Local Sold Prices

7 sold prices from £287K to £595K, average is £519K. £2.1K/m² to £3.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£540K12/200.55 mi57, Browning Road, Ledbury, Herefordshire HR8 2GA5
£595K08/230.55 mi69, Browning Road, Ledbury, Herefordshire HR8 2GA5
£519K12/220.57 mi28, Hazle Close, Ledbury, Herefordshire HR8 2XX5
£550K10/220.63 mi7, Teme Way, Ledbury, Herefordshire HR8 2FQ5
£475.5K01/211.66 miCharnwood, Horse Road, Wellington Heath, Ledbury, Worcestershire HR8 1LS5
£450K03/211.76 miWoodfield House, The Common, Wellington Heath, Ledbury, Herefordshire HR8 1LT5
£287K03/211.91 mi4, The Common, Wellington Heath, Ledbury, Herefordshire HR8 1LY5

Local Rents

16 rents from £850/mo to £1.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,44505/240.24 mi-4
£1,44512/240.24 miThe Mews, Ledbury, HR84
£1,39505/240.24 mi-4
£1,39512/240.24 mi-4
£95012/240.35 mi-3
£95010/240.36 mi-3
£85004/240.37 miRusset Close, Ledbury, Herefordshire, HR83
£95012/240.55 miFoxdene, Albert Road, Ledbury, Herefordshire, HR83
£1,90012/240.61 miNewbury Park, Ledbury, Herefordshire, HR84
£1,25012/240.63 mi-4
£1,25012/240.71 miKipling Road, Ledbury, Herefordshire, HR83
£1,10001/250.75 mi-3
£1,50003/240.82 miThe Granary, Hazel Farm, Ledbury HR8 2HT3
£90002/250.91 mi-3
£1,10012/240.99 mi-3
£1,10007/240.99 mi-3

Local Area Statistics

Population in HR8

14,179

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.71 miles away

 

 

Rental growth (12m)

+42%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Price changed to £229,000

March 28, 2025

Listed for £250,000

June 17, 2022

Floor Plans

Description

  • A Spacious 3-Storey Townhouse +
  • 5 Bedrooms +
  • Cellar & Large Workshop +
  • In Need of Updating +
  • Possible Commercial Use Subject To Consent +
  • Grade II Listed +
  • Convenient Town Centre Location +
  • Small Courtyard Garden +
  • No Chain +

Offering Considerable Potential A Spacious 3-Storey Listed Townhouse Situated In A Very Convenient Town Centre Location With 5 Bedrooms, Large Cellar, Workshop And Small Courtyard Garden. Possible Commercial Use Subject To Consent. No Chain. EPC: G

Location
Ledbury is a thriving and expanding town which has a range of local facilities and amenities including shops, schools, churches, restaurants, theatre, doctors surgeries, community hospital and a mainline railway station, with direct links to Hereford, Worcester, Birmingham New Street, Oxford, Reading and London Paddington. The cities of Hereford, Worcester and Gloucester are all approximately 16 miles distant with the M50 motorway available approximately 4 miles to the south of the town.

Description
A spacious 3-storey Grade II Listed townhouse very conveniently located in a town centre conservation area.

The accommodation offers scope for updating and may offer potential for a number of commercial uses subject to any necessary consents.

It is arranged on the ground floor with an entrance hall, a spacious sitting room with dining area, kitchen, rear lobby with shower and WC off and a large workshop. On the first floor the landing gives access to three bedrooms and on the top floor there are two further bedrooms and a bathroom.

There is a large cellar and a small enclosed courtyard garden.

ACCOMMODATION:

Entrance Hall
With half-glazed front door. Walk-in cloak cupboard. Half-glazed door to:

Sitting Room With Dining Area 8.55m (27ft 7in) max. x 5.04m (16ft 3in) max.
With two tiled fireplaces, one with a fitted coal effect gas fire. Built-in cupboard. Large feature window to front with secondary glazing. Box bay window to rear with secondary glazing. Access to a large cellar with light and power. Staircase to the first floor.

Kitchen 4.54m (14ft 8in) x 2.48m (8ft)
Fitted with a stainless steel sink with base unit under. Further base units. Drawer pack. Wall mounted cupboards. Work surfaces with tiled surrounds. Gas cooker point. Fitted canopy hood. Window to side.

Rear Lobby
With plumbing for washing machine. Door giving access to the courtyard garden. Door to workshop. WC off.

Shower Room
With tiled shower cubicle and an inset wash basin.

Workshop 5.21m (16ft 10in) x 4.23m (13ft 8in)
Having a fitted stainless steel sink. Various units and shelving. Light and power. Window to rear.

Landing
With large walk-in cupboard/box room. Stairs to second floor.

Bedroom 1 4.90m (15ft 10in) max. x 3.51m (11ft 4in) plus bay
With bay window to front. Large fitted wardrobe.

Bedroom 2 5.06m (16ft 4in) max. x 3.18m (10ft 3in)
With tiled fireplace. Window to rear. Connecting door to Bedroom 3.

Bedroom 3 5.09m (16ft 5in) x 2.53m (8ft 2in)
With window to side.

Top Landing

Bedroom 4 4.83m (15ft 7in) max. x 3.64m (11ft 9in) max.
With window to front.

Bedroom 5 3.46m (11ft 2in) plus recess x 3.28m (10ft 7in)
With window to rear.

Bathroom
Having a panelled bath with shower over and fitted shower screen, wash basin and a WC. Fully tiled surrounds. Window to rear.

Outside
The property has a small enclosed courtyard garden.

Services
We have been advised that all mains services are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Directions
From the agents Ledbury office, turn right at the traffic lights in to The Southend. The property will then be found after a short distance on the right hand side.

Council Tax
COUNCIL TAX BAND "D"

Energy Performance Certificate
The EPC rating for this property is G (6).

Viewing
By appointment to be made through the Agent's Ledbury Office (Tel: )

General
Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Tenure
We are advised (subject to legal confirmation) that the property is Freehold.

A Spacious 3-Storey Townhouse

5 Bedrooms

Cellar & Large Workshop

In Need of Updating

Possible Commercial Use Subject To Consent

Grade II Listed

Convenient Town Centre Location

Small Courtyard Garden

No Chain

Agent Details

John Goodwin FRICS, Ledbury

01531 808756

Next Steps?

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