3 Bed Detached House, Single Let, Leominster, HR6 0AA, £700,000

PORTLEY HOUSE North Road, Leominster, Herefordshire, HR6 0AA - 5 views - a year ago

BTL
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£132K - £345K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£7.5K/m²

Value Estimate

£226,382

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£44,700

Total Cash In

£219,700

 

 

Cash Out

 

Rent Range

£375 - £2,500

Rent Estimate

£475

Running Costs/mo

£2,303

Cashflow/mo

£-1,827

Cashflow/yr

£-21,930

Gross Yield

1%

Local Sold Prices

50 sold prices from £132K to £345K, average is £215K. £1.4K/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£165K02/210.08 mi210, Ridgemoor Road, Leominster, Hereford And Worcester HR6 8UN3
£179K04/210.11 mi259, The Mallards, Leominster, Herefordshire HR6 8UJ3
£185K02/210.14 mi1, Middlemarsh, Leominster, Herefordshire HR6 8UP3
£210K08/220.16 mi91, Bridge Street, Leominster, Herefordshire HR6 8EA3
£132K07/210.17 mi23, Ridgemoor Road, Leominster, Herefordshire HR6 8EJ3
£222.5K11/200.22 mi7, Millers Close, Leominster, Herefordshire HR6 8BP3
£160K05/210.22 mi11, Sunningdale, Leominster, Herefordshire HR6 8EH3
£182K09/210.22 mi4, Sunningdale, Leominster, Hereford And Worcester HR6 8EH3
£230K01/230.29 mi19, Porters Mill Close, Leominster, Herefordshire HR6 8BL3
£255K11/210.31 mi50, Osborne Place, Leominster, Herefordshire HR6 8BW3
£152.5K11/210.41 mi26, Kenwater Close, Leominster, Herefordshire HR6 8DL3
£205K11/210.42 mi42, Vicarage Street, Leominster, Herefordshire HR6 8DS3
£159.5K06/210.44 mi33, Broad Street, Leominster, Hereford And Worcester HR6 8DD3
£295K07/230.46 mi3, Cranes Lane, Leominster, Herefordshire HR6 8DH3
£230K10/220.49 mi100, The Meadows, Leominster, Herefordshire HR6 8RE3
£281.5K09/220.52 mi16, Mappenors Lane, Leominster, Herefordshire HR6 8TG3
£182.5K02/210.52 mi16, Green Lane, Leominster, Herefordshire HR6 8QJ3
£197K03/230.52 mi5, Green Lane, Leominster, Herefordshire HR6 8QJ3
£240K11/200.54 mi21, The Rugg, Leominster, Herefordshire HR6 8TE3
£250K10/210.57 mi5a, Perseverance Road, Leominster, Hereford And Worcester HR6 8QR3
£265K06/210.59 mi2, Radnor View, Leominster, Herefordshire HR6 8TF3
£215K12/200.61 miBryn Awel, Green Lane, Leominster, Herefordshire HR6 8QN3
£135K06/210.61 mi43, Bargates, Leominster, Herefordshire HR6 8EY3
£175K04/230.61 mi66, Bargates, Leominster, Herefordshire HR6 8EY3
£345K03/230.65 miNew Romney, Pinsley Road, Leominster, Herefordshire HR6 8NN3
£222K12/200.69 mi51, Etnam Street, Leominster, Hereford And Worcester HR6 8AE3
£318K01/210.69 miParkside, Pinsley Road, Leominster, Herefordshire HR6 8NN3
£220K11/200.73 mi110, Bargates, Leominster, Herefordshire HR6 8QU3
£187K12/220.74 mi14, Westcroft, Leominster, Herefordshire HR6 8HF3
£257.5K04/210.74 mi31, Westcroft, Leominster, Herefordshire HR6 8HF3
£235K09/210.75 mi78, Etnam Street, Leominster, Herefordshire HR6 8AN3
£244K11/220.76 mi25, Sandpits, Leominster, Herefordshire HR6 8HT3
£200K04/230.79 mi11a, Ryelands Road, Leominster, Herefordshire HR6 8PA3
£245K12/200.79 miAshwood House, Caswell Terrace, Leominster, Herefordshire HR6 8BB3
£195K05/210.79 mi55, Pump Piece, Leominster, Herefordshire HR6 8HR3
£142K11/200.8 mi6, Hope Cottages, Aldermans Meadow, Leominster, Hereford And Worcester HR6 8LB3
£165K10/200.8 mi9, Holland Road, Leominster, Herefordshire HR6 8PF3
£183K12/220.82 mi11, Newmans Close, Leominster, Herefordshire HR6 8PT3
£215K05/230.82 mi9, Newmans Close, Leominster, Herefordshire HR6 8PT3
£312K09/210.83 mi11, Newlands Road, Leominster, Herefordshire HR6 8HN3
£225K12/220.84 mi13, Mortimer Street, Leominster, Herefordshire HR6 8PG3
£197.5K03/210.85 mi66, Westcroft, Leominster, Hereford And Worcester HR6 8HG3
£250K12/200.85 mi63, Westcroft, Leominster, Herefordshire HR6 8HG3
£242K07/210.86 mi2, Wynyard Close, Leominster, Herefordshire HR6 8HH3
£170K04/230.87 mi6, Mortimer Street, Leominster, Herefordshire HR6 8PH3
£270K10/220.88 mi59, Newlands Road, Leominster, Herefordshire HR6 8HL3
£262K06/210.88 mi41, Buckfield Road, Leominster, Herefordshire HR6 8SF3
£240K01/210.88 mi33, Caswell Road, Leominster, Herefordshire HR6 8BD3
£168K12/200.88 mi60, Caswell Road, Leominster, Herefordshire HR6 8BD3
£194K10/220.89 mi9, Westcroft, Leominster, Herefordshire HR6 8HF3

Local Rents

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

RentDateDistanceAddressBeds 
£62511/240.12 mi-1
£1,25004/240.22 miNorth Road, Leominster3
£1,30004/240.27 mi-4
£49506/230.36 mi-1
£80009/240.43 mi-2
£47507/230.51 mi-1
£52507/230.52 mi-1
£60005/240.55 miChurch Street, Leominster2
£99505/240.55 miBurgess Street, Leominster3
£1,10007/230.56 mi-3
£1,25006/240.58 miGreen Lane, Leominster3
£52506/240.59 mi21, High Street, Leominster2
£65004/240.6 mi-2
£67503/240.6 mi-2
£1,10008/230.61 mi-3
£60011/230.61 mi-1
£75005/240.67 miSouth Street, Leominster, HR62
£37506/230.68 mi-1
£52503/240.71 mi-1
£55004/250.71 mi-1
£47504/240.71 mi-1
£47502/240.71 mi-1
£85002/240.81 mi-2
£75004/240.88 miCaswell Road, Leominster3
£1,30011/241.02 mi-3
£70004/241.16 miBlanchard Close, Leominster2
£62502/241.33 mi-1
£62502/241.33 mi-1
£85004/241.44 miStoke Prior Lane, Leominster2
£80005/241.75 miKimbolton, Leominster3
£67504/242.07 miWestland View, Luston, Leominster2
£2,50003/242.48 miGoldings, Old Hop Yard, Brierley, HR6 0RN3

Local Area Statistics

Population in HR6

20,507

Population in Leominster

20,525

Town centre distance

0.71 miles away

Nearest school

0.70 miles away

Nearest train station

0.90 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Buyer's market

Capital growth (5yrs)

+36%

Property History

Listed for £700,000

March 23, 2024

Sold for £400,000

2006

Floor Plans

Description

  • Located On The Northern Fringe Of The Market Town Of Leominster +
  • Unique Opportunity To Purchase a Combined Residential & Commercial Business Premises +
  • Period Property Offering Spacious 3 Double Bedroomed Accommodation +
  • Commercial Buildings Incorporating Secure Storage and Container Business +
  • Pleasant Gardens & Ample Parking +

A charming period property offering spacious accommodation set in pleasant mature gardens with a range of adjoining commercial buildings with a secure storage business included.

Portley House is located on the Northern fringe of the Herefordshire market Town Of Leominster. The town itself has good transport facilities, including bus and railway stations. The area is steeped in history with the imposing Priory Church at its heart and being centrally situated to reach the cathedral city of Hereford, the beautiful south Shropshire town of Ludlow, Hay-on Wye and the Welsh Borders are just a short drive away also. Worcester city is a 40 minute drive giving access to the M5, and major trunk roads beyond.
The town also offers an excellent range of amenities including traditional high street shops and a number of supermarkets including Morrisons within level walking distance of the property, primary and secondary school, doctor and dental surgeries and leisure facilities to include swimming pool and gym.

DESCRIPTION The property comprises a substantial residential house with adjoining commercial buildings, currently offering a secure storage business which is being sold with the property.

Portley House is a charming period residence, which retains many original character features. The accommodation in brief includes a traditional hall, reception room and sitting room to the front elevation, dining room, conservatory, kitchen/breakfast room, separate back kitchen/utility, rear hall and cloakroom to the ground floor. The first floor accommodation includes a galleried landing, three double bedrooms with en-suite to the principal bedroom and large family bathroom and a staircase to additional attic storage rooms with windows to either gable end, but with limited head hight.

OUTSIDE The property benefits from a large formal lawned garden with mature shrubs and trees with an outlook onto open farmland.

COMMERCIAL PREMISES -
Currently run as Pughs secure storage business, including a range of storage and container units. Website - pughsstorage.co.uk
Main Warehouse - Formally used as an antiques showroom, is now currently used for home storage and incorporates 37 individual wooden storage units together with an office and reception/holding area.
Garage Outbuilding - Large detached unit incorporating a further 22 wooden storage units
Secure Yard Area - Housing 12 large container units (11 rented, one awaiting repair)
For further details of the current business contact the selling agents.

Agent Details

Jackson Property, Leominster

01569 698730

Next Steps?

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