2 Bed Terraced House, Single Let, Leominster, HR6 8LZ, £149,950

35 High Street, Leominster, HR6 8LZ - 4 views - 2 years ago

BTL
44 m²
+3 photos

ValuationOvervalued

Sold Prices£92K - £517K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

43.50 m²
Price/m²£3.4K/m²

Value Estimate

£112,705

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£375 - £2,500

Rent Estimate

£475

Running Costs/mo

£584

Cashflow/mo

£-109

Cashflow/yr

£-1,303

Gross Yield

4%

Local Sold Prices

50 sold prices from £92K to £517K, average is £165K. £1.4K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£150K11/220.19 mi22, Vicarage Street, Leominster, Herefordshire HR6 8DS2
£153K11/210.2 mi4, Falconer Place, Leominster, Herefordshire HR6 8AP2
£155K09/210.2 mi30, Falconer Place, Leominster, Herefordshire HR6 8AP2
£210K05/210.21 mi46, Bargates, Leominster, Herefordshire HR6 8EY2
£159K07/230.21 mi53, Bargates, Leominster, Herefordshire HR6 8EY2
£165K06/210.26 miThe Cottage, Gateway Lane, Leominster, Herefordshire HR6 8LF2
£150K12/220.29 mi9, Kenelm Court, Leominster, Herefordshire HR6 8PZ2
£225K04/210.31 mi15, Perseverance Road, Leominster, Herefordshire HR6 8QR2
£142K03/210.32 mi45, Battlebridge Close, Leominster, Herefordshire HR6 8TH2
£142.5K05/210.32 mi43, Battlebridge Close, Leominster, Herefordshire HR6 8TH2
£130K09/220.32 mi9, Mill Street, Leominster, Herefordshire HR6 8EB2
£155K05/210.33 mi21, Osborne Place, Leominster, Hereford And Worcester HR6 8BW2
£125K05/210.33 mi4, Osborne Place, Leominster, Herefordshire HR6 8BW2
£229.9K11/220.34 mi53, The Meadows, Leominster, Herefordshire HR6 8QY2
£180K04/230.34 mi2, Porters Mill Close, Leominster, Herefordshire HR6 8BL2
£171K05/230.34 mi7, Porters Mill Close, Leominster, Herefordshire HR6 8BL2
£170K06/210.34 mi76, Castlefields, Leominster, Hereford And Worcester HR6 8BJ2
£210K03/230.34 mi70, Castlefields, Leominster, Herefordshire HR6 8BJ2
£160K11/200.34 mi74, Castlefields, Leominster, Hereford And Worcester HR6 8BJ2
£170K04/210.37 mi49, Sandpits, Leominster, Herefordshire HR6 8HT2
£170K05/210.37 mi94, The Meadows, Leominster, Herefordshire HR6 8RE2
£165K12/200.37 mi49, Castlefields, Leominster, Herefordshire HR6 8BG2
£170K08/210.38 mi4, Wigmore Street, Leominster, Herefordshire HR6 8PL2
£275K10/220.38 mi25, Porters Mill Close, Leominster, Herefordshire HR6 8BL2
£175K09/220.39 mi23, Battlebridge Close, Leominster, Herefordshire HR6 8TH2
£190K03/230.39 mi17, Westcroft, Leominster, Herefordshire HR6 8HF2
£250K10/210.41 miVerena, Green Lane, Leominster, Herefordshire HR6 8QN2
£150K01/230.42 mi28, George Street, Leominster, Herefordshire HR6 8JZ2
£153K05/210.42 mi41, Wigmore Street, Leominster, Herefordshire HR6 8PJ2
£140K05/230.44 mi46, Millers Close, Leominster, Herefordshire HR6 8BP2
£170K11/220.46 mi71, Millers Close, Leominster, Herefordshire HR6 8BP2
£137K03/210.48 mi105a, Ridgemoor Road, Leominster, Herefordshire HR6 8UH2
£130K11/200.48 mi103, Ridgemoor Road, Leominster, Herefordshire HR6 8UH2
£170K12/220.5 mi160, Ridgemoor Road, Leominster, Herefordshire HR6 8UN2
£160K09/220.52 mi165, Ridgemoor Road, Leominster, Herefordshire HR6 8UH2
£136K09/220.52 mi45, Silurian Close, Leominster, Herefordshire HR6 8SZ2
£92K01/210.52 mi23, Silurian Close, Leominster, Herefordshire HR6 8SU2
£156.5K08/230.52 mi5, Middlemarsh, Leominster, Herefordshire HR6 8UP2
£165K03/230.52 mi27, Middlemarsh, Leominster, Herefordshire HR6 8UP2
£225K10/220.52 mi5, Hereford Road, Leominster, Herefordshire HR6 8JS2
£132.5K12/220.54 mi14, Silurian Close, Leominster, Herefordshire HR6 8SR2
£150K06/210.54 mi112a, Bridge Street, Leominster, Herefordshire HR6 8EA2
£195K12/220.54 mi29, Middlemarsh, Leominster, Herefordshire HR6 8UP2
£145K08/210.54 mi6, Silurian Close, Leominster, Hereford And Worcester HR6 8SR2
£235K01/210.55 miTarington, Ginhall Lane, Leominster, Herefordshire HR6 8RD2
£517K06/210.59 miClyde House, Barons Cross Road, Leominster, Herefordshire HR6 8QX2
£165K03/210.59 mi7, Hereford Road, Leominster, Herefordshire HR6 8JS2
£187.5K08/210.63 mi39, Danesfield Drive, Leominster, Herefordshire HR6 8HP2
£250K04/210.69 mi55, Buckfield Road, Leominster, Herefordshire HR6 8SF2
£156K11/200.73 mi29, St Botolphs Green, Leominster, Herefordshire HR6 8ER2

Local Rents

31 rents from £375/mo to £2.5K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£52506/240.03 mi21, High Street, Leominster2
£99505/240.06 miBurgess Street, Leominster3
£60005/240.06 miChurch Street, Leominster2
£75005/240.06 miSouth Street, Leominster, HR62
£37506/230.08 mi-1
£52507/230.09 mi-1
£65004/240.1 mi-2
£67503/240.1 mi-2
£47507/230.1 mi-1
£1,10007/230.11 mi-3
£60011/230.11 mi-1
£52503/240.13 mi-1
£47504/240.13 mi-1
£55004/250.13 mi-1
£47502/240.13 mi-1
£80008/240.18 mi-2
£1,10008/230.2 mi-3
£49506/230.24 mi-1
£75004/240.3 miCaswell Road, Leominster3
£1,25006/240.4 miGreen Lane, Leominster3
£62511/240.5 mi-1
£85002/240.58 mi-2
£62502/240.72 mi-1
£62502/240.72 mi-1
£1,25004/240.8 miNorth Road, Leominster3
£1,30004/240.86 mi-4
£1,30010/240.9 mi-3
£85004/240.96 miStoke Prior Lane, Leominster2
£70004/241.07 miBlanchard Close, Leominster2
£2,50003/241.89 miGoldings, Old Hop Yard, Brierley, HR6 0RN3
£80005/241.92 miKimbolton, Leominster3

Local Area Statistics

Population in HR6

20,507

Population in Leominster

20,525

Town centre distance

0.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Buyer's market

Capital growth (5yrs)

+36%

Property History

Listed for £149,950

February 28, 2023

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • GROUND FLOOR SHOP +
  • TWO BEDROOM FLAT WITH OWN ACCESS +
  • USEFUL CELLAR +
  • HIGH STREET LOCATION +
  • GRADE II LISTED +

OFFERS INVITED - INVESTMENT OPPORTUNITY - A fabulous opportunity to acquire a two bedroom flat and shop within the historic market town of Leominster. The property boasts character features throughout and occupies a central position within the town.

Introduction - A mid terraced apartment and commercial shop within the town of Leominster. The flat has accommodation comprising; living room, kitchen, two bedrooms and a family bathroom. The shop comprises; shop floor, rear storage area, cloakroom and a useful cellar

The Flat - The door opens into the entrance where a staircase leads to the first floor living room/kitchen which has a sash window to the front and rear. The kitchen is fitted with wall and base units with a stainless steel sink and electric oven and hob. There is space for a washing machine and fridge freezer. A hallway leads to the second floor landing. Here there is the main bedroom which is a double with a window to the front and a bathroom fitted with WC, basin and a bath with a shower above. The staircase leads to the third floor which has a window to each side, one of which with views over the rooftops. There is a vaulted ceiling and cupboard with the water tank in.

The Shop - The shop has a door and window facing the high street. To the rear of the shop floor is a cloakroom and access to the cellar which provides useful space for storage.

Services - All mains services except gas

Tenure - Flat - Herefordshire Council Band A

Agents Note - In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source. At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £10 +VAT (£12.00 inc. VAT) per purchaser in order for us to carry out our due diligence.

Agent Details

Cobb Amos, Leominster

01568 605225

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪