2 Bed Flat, Single Let, Hereford, HR1 2QU, £172,500





ValuationUndervalued
Sold Prices | £92K - £360K |
Sold Prices/m² | £1.6K/m² - £3.3K/m² |
| |
Square Metres | ~95 m² |
Price/m² | £1.8K/m² |
Value Estimate | £193,050 |
BMV | 12% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £43,125 |
Stamp Duty & Legal Fees | £9,825 |
Total Cash In | £52,950 |
| |
Cash Out | |
Rent Range | £700 - £1,100 |
Rent Estimate | £783 |
Running Costs/mo | £716 |
Cashflow/mo | £67 |
Cashflow/yr | £808 |
ROI | 2% |
Gross Yield | 5% |
Local Sold Prices
31 sold prices from £92K to £360K, average is £136.5K. £1.6K/m² to £3.3K/m², average is £2K/m².
Local Rents
25 rents from £700/mo to £1.1K/mo, average is £895/mo.
Local Area Statistics
Population in HR1 | 32,145 |
Population in Hereford | 101,068 |
Town centre distance | 4.46 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.72 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +33% |
Property History
Price changed to £172,500
March 4, 2025
Listed for £180,000
May 20, 2024
Floor Plans

Description
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