5 Bed Detached House, Single Let, Hereford, HR1 2LR, £1,500,000

Hereford - adjoining the Cathedral, HR1 2LR - 1 views - a year ago

BTL
~178 m²
+24 photos

ValuationOvervalued

Sold Prices£240K - £700K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~178.28 m²
Price/m²£8.4K/m²

Value Estimate

£400,374

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£375,000

Stamp Duty & Legal Fees

£137,450

Total Cash In

£512,450

 

 

Cash Out

 

Rent Range

£651 - £2,800

Rent Estimate

£995

Running Costs/mo

£4,907

Cashflow/mo

£-3,911

Cashflow/yr

£-46,938

Gross Yield

1%

Local Sold Prices

44 sold prices from £240K to £700K, average is £352.5K. £1.7K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£375K06/210.19 mi7, St Ethelbert Street, Hereford, Herefordshire HR1 2NR5
£355K06/230.31 mi14, Victoria Court, Hereford, Herefordshire HR4 0AW5
£295K11/200.31 mi15, Victoria Court, Hereford, Herefordshire HR4 0AW5
£265K03/210.31 mi10, Victoria Court, Hereford, Herefordshire HR4 0AW5
£285K12/200.33 mi26, Barton Road, Hereford, Herefordshire HR4 0AY5
£340K06/210.49 mi32, Ledbury Road, Hereford, Herefordshire HR1 2SY5
£370K10/220.53 mi6, Clive Street, Hereford, Herefordshire HR1 2SB5
£269.5K09/210.55 mi50, Barrs Court Road, Hereford, Herefordshire HR1 1EQ5
£275K12/200.57 mi89, Ryelands Street, Hereford, Hereford And Worcester HR4 0LN5
£350K11/200.59 mi36, Chandos Street, Hereford, Herefordshire HR4 0EX5
£240K12/200.64 mi29, Penn Grove Road, Hereford, Herefordshire HR1 1BH5
£308K01/230.66 mi13, Poole Close, Hereford, Herefordshire HR2 7JP5
£405K02/210.74 mi44, Tower Road, Hereford, Herefordshire HR4 0LF5
£450K06/210.74 mi28, Tower Road, Hereford, Herefordshire HR4 0LF5
£620K02/230.79 mi78, Broomy Hill, Hereford, Herefordshire HR4 0LQ5
£370K02/210.82 mi2, Villa Street, Hereford, Hereford And Worcester HR2 7AY5
£631K05/210.82 mi5, Hafod Road, Hereford, Herefordshire HR1 1SG5
£316K11/210.93 mi71, College Road, Hereford, Herefordshire HR1 1ED5
£365K06/210.99 mi3, Granary Grove, Hereford, Herefordshire HR2 6RZ5
£315K03/211.01 mi26, Loder Drive, Hereford, Herefordshire HR1 1DS5
£280K12/211.04 mi12, Manor Road, Hereford, Herefordshire HR2 6HN5
£412.5K07/231.08 mi8, The Nook, Hereford, Herefordshire HR1 1NH5
£435K03/211.14 mi88, Church Road, Hereford, Herefordshire HR1 1RS5
£330K06/211.19 mi7, Peacocks Field Walk, Hereford, Herefordshire HR2 6SA5
£320K06/211.23 mi60, Seaton Avenue, Hereford, Herefordshire HR1 1NR5
£277.5K12/211.25 mi5, Priory View, Hereford, Herefordshire HR2 7XH5
£369.9K06/211.3 mi1, Goldsmith Close, Hereford, Herefordshire HR1 1XE5
£315K04/231.32 mi10, Heywood Avenue, Hereford, Herefordshire HR1 1QT5
£465K11/201.35 mi49, Moor Park Road, Hereford, Herefordshire HR4 0RR5
£387.5K01/231.41 mi14, Thoresby Drive, Hereford, Herefordshire HR2 7RF5
£267K01/211.41 mi1, Green Wilding Road, Holmer, Hereford, Herefordshire HR1 1GB5
£325K11/221.41 mi2, Green Wilding Road, Holmer, Hereford, Herefordshire HR1 1GB5
£456K06/211.41 mi1, Nimrod Drive, Hereford, Herefordshire HR1 1UG5
£360K06/211.43 mi12, Hampton Dene Road, Hereford, Herefordshire HR1 1UX5
£347.5K01/211.44 mi26, Turnberry Drive, Holmer, Hereford, Herefordshire HR1 1LP5
£415K03/231.5 mi2, Mallory Close, Hereford, Herefordshire HR4 0RD5
£700K03/211.5 miCedar Villa, Orchard Close, Hereford, Herefordshire HR4 9QY5
£255K11/211.56 mi28, Bonington Drive, Hereford, Herefordshire HR4 0RU5
£250K06/231.59 mi80, Kempton Avenue, Hereford, Herefordshire HR4 9TY5
£430K01/231.64 mi130, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZP5
£565K02/211.69 mi5, Braemar Gardens, Hereford, Herefordshire HR1 1SJ5
£450K12/221.7 mi3, The Meadows, Belmont, Hereford, Herefordshire HR2 9RR5
£350K03/211.71 mi117, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZW5
£500K03/231.88 mi19, Canon Pyon Road, Hereford, Herefordshire HR4 9QQ5

Local Rents

26 rents from £651/mo to £2.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25004/240.16 miBridge Street, Hereford4
£87504/240.16 miBridge Street, HEREFORD3
£99512/240.36 mi-3
£1,20012/240.36 miSt. Owen Street, Hereford3
£1,40002/250.38 mi-4
£1,10012/240.57 mi-3
£1,50008/240.6 mi-5
£1,50008/240.6 mi-5
£1,30012/240.61 mi-3
£1,10008/240.62 mi-3
£1,50009/230.7 mi-4
£99505/240.8 miMortimer Road, Hereford3
£99502/240.82 mi-3
£1,60004/240.87 miHereford, Herefordshire, HR26
£1,15004/240.88 miWalton Close, HEREFORD3
£99504/240.9 miEscley Drive, HEREFORD3
£65101/250.91 mi-4
£99512/240.95 miWhittern Way, HEREFORD3
£2,80012/241.03 mi-4
£1,30012/241.04 mi-3
£1,30012/241.04 mi-3
£1,35011/241.04 mi-3
£1,05012/241.11 miNew Kilvert Road, HEREFORD3
£97512/241.13 mi-3
£97508/241.13 mi-3
£1,15012/241.16 miThe Hawthorns, Hereford3

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

4.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £1,500,000

May 14, 2024

Floor Plans

Description

  • On the market for the first time in over 30 years. One of a very few private residences in the historic heart of the city around the Cathedral conservation area +
  • Handsome Grade II* listed property with a fascinating history dating back at least to the 14th century - numerous historic references include a well documented connection with Edward Elgar +
  • The comfortable accommodation is a true journey through the centuries from the early 1300's hall through to more recent 20th century additions +
  • 5 reception rooms include large formal drawing and sitting rooms overlooking the gardens, a timbered dining hall, large study and of course the magnificent first floor banqueting hall +
  • Good size fitted Kitchen breakfast room plus lots of practical ancillary space with large cloak room and rear hall. Cellerage +
  • 5 bedrooms set out over the first floor with 3 bathrooms including a large master bedroom suite with balcony overlooking the wonderful gardens +
  • The wonderful walled gardens are a haven of seclusion with just the hubbub of the city coming in from the other side of the walls - beautifully laid out and cared for they are an absolute delight +
  • Step out through the discreet side gate in the wall and you are straight into the heart of the city with everything in walking distance including of course Hereford Cathedral School +
  • Electric automatic gate gives vehicular access off Church Street with yard and parking for several vehicles +
  • Services: All mains services. Postcode: HR1 2LR What3Words: ///winner.learns.atoms +

One of just a handful of private residences in the heart of Hereford adjoining the cathedral.  A fascinating history includes long standing connections to the cathedral as well as to Edward Elgar - this handsome Grade II* listed house dates from the 14th Century yet is a comfortable family home on the market for the first time in over 30 years.  A host of historical styles have merged together over the centuries resulting in a home of great variety and versatility from the stunning early 14th century vaulted hall right through to more modern 20th century additions.  Beautifully landscaped walled gardens provide a sense of peace and seclusion with the gentle hubbub of the city in the background - around 1/3 acre.  Gated driveway and parking area for several vehicles.  A rare opportunity to enjoy a unique city lifestyle in this magnificent home, particularly convenient for the Cathedral school,  or perhaps there are opportunities for alternative uses.

Agent Details

Morgan Aps Sales & Lettings, Worcester

01905 917039

Next Steps?

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