4 Bed Terraced House, Single Let, Hereford, HR1 2AW, £675,000

3 Vinery Lane, Off Southbank Road, Hereford, HR1 2AW - a year ago

BTL
~305 m²
+14 photos

ValuationUndervalued

Sold Prices£145K - £620K
Sold Prices/m²£1.8K/m² - £4.6K/m²

 

 

Square Metres

~304.70 m²
Price/m²£2.2K/m²

Value Estimate

£829,165
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£168,750

Stamp Duty & Legal Fees

£56,200

Total Cash In

£224,950

 

 

Cash Out

 

Rent Range

£875 - £2,800

Rent Estimate

£975

Running Costs/mo

£2,324

Cashflow/mo

£-1,349

Cashflow/yr

£-16,192

Gross Yield

2%

Local Sold Prices

50 sold prices from £145K to £620K, average is £348.8K. £1.8K/m² to £4.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£525K06/210.09 mi14, Southbank Close, Hereford, Hereford And Worcester HR1 2TQ4
£470K06/210.14 mi19, Southbank Road, Hereford, Herefordshire HR1 2TL4
£422.5K01/230.15 mi17, Belgravia Gardens, Hereford, Herefordshire HR1 1RB4
£465K07/230.15 mi3, Judges Close, Hereford, Herefordshire HR1 2TW4
£410K12/220.18 mi14, Judges Close, Hereford, Herefordshire HR1 2TW4
£325K06/210.28 mi115, Ledbury Road, Hereford, Herefordshire HR1 1RQ4
£375K03/210.28 mi32, Penn Grove Road, Hereford, Herefordshire HR1 1BH4
£275K06/210.32 mi24, Audley Crescent, Hereford, Herefordshire HR1 1BW4
£330K11/210.35 mi1, Courtnay Rise, Hereford, Hereford And Worcester HR1 1BP4
£347.5K12/210.35 mi16, Courtnay Rise, Hereford, Herefordshire HR1 1BP4
£276K02/210.35 mi13, Courtnay Rise, Hereford, Herefordshire HR1 1BP4
£460K06/230.36 mi27, Meadow Bank Road, Hereford, Herefordshire HR1 2ST4
£355K06/230.36 mi122, Quarry Road, Hereford, Herefordshire HR1 1SX4
£560K03/230.37 mi32, Hafod Road, Hereford, Herefordshire HR1 1SG4
£275K04/210.42 mi35, Brookside, Hereford, Herefordshire HR1 2RW4
£270K11/200.42 mi4, Backbury Road, Hereford, Herefordshire HR1 1SD4
£495K05/210.45 mi10, Ainslie Close, Hereford, Herefordshire HR1 1JH4
£450K05/230.45 mi18, Ainslie Close, Hereford, Herefordshire HR1 1JH4
£394.9K12/220.46 mi41, Mount Crescent, Hereford, Herefordshire HR1 1NQ4
£375K01/230.47 mi45, Brockington Drive, Hereford, Herefordshire HR1 1TA4
£475K06/210.48 mi30, Church Road, Hereford, Hereford And Worcester HR1 1RR4
£370K07/230.48 mi24, Church Road, Hereford, Herefordshire HR1 1RR4
£270K10/200.51 mi57 - 59, Eign Road, Hereford, Herefordshire HR1 2RU4
£255K06/210.51 mi39, Eign Road, Hereford, Herefordshire HR1 2RU4
£245K06/210.53 mi22, Sedgefield Road, Hereford, Herefordshire HR1 2RR4
£395K03/230.55 mi65, Church Road, Hereford, Herefordshire HR1 1RS4
£375K08/230.55 mi72, Church Road, Hereford, Herefordshire HR1 1RS4
£399.5K06/210.55 mi54, Venns Lane, Hereford, Herefordshire HR1 1DT4
£460K01/230.56 mi8, Winchester Avenue, Hereford, Herefordshire HR1 1QJ4
£355K03/210.57 mi25, Loder Drive, Hereford, Herefordshire HR1 1DS4
£350K11/220.58 mi48, Seaton Avenue, Hereford, Herefordshire HR1 1NR4
£265K12/210.59 mi112, Park Street, Hereford, Herefordshire HR1 2RE4
£295K01/210.6 mi31, Green Street, Hereford, Hereford And Worcester HR1 2QH4
£330K11/200.62 mi51, Seaton Avenue, Hereford, Herefordshire HR1 1NP4
£375K11/220.64 mi22, Harold Street, Hereford, Herefordshire HR1 2QU4
£495.4K01/210.65 mi2, Quay Close, Hereford, Herefordshire HR1 2RQ4
£215K03/210.66 mi30, Hampton Street, Hereford, Herefordshire HR1 2RA4
£345K11/200.66 mi5, Lincoln Close, Hereford, Herefordshire HR1 1RX4
£470K05/210.67 mi101, Church Road, Hereford, Herefordshire HR1 1RT4
£197.5K09/210.68 mi4, Newtown Road, Hereford, Herefordshire HR4 9LL4
£305K08/210.69 mi3, Nightingale Way, Hereford, Herefordshire HR1 2NQ4
£620K12/220.71 mi4, Stopford Close, Hereford, Herefordshire HR1 1TW4
£327.5K02/210.73 mi118, Hampton Dene Road, Hereford, Hereford And Worcester HR1 1UJ4
£326K11/200.73 mi25, Elgar Avenue, Hereford, Herefordshire HR1 1TY4
£329.9K12/220.74 mi112, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ4
£290.1K03/210.75 mi108, Aylestone Hill, Hereford, Herefordshire HR1 1JJ4
£320K04/230.82 mi8, Goldsmith Close, Hereford, Herefordshire HR1 1XE4
£145K06/230.84 mi9, Canonmoor Street, Hereford, Herefordshire HR4 9JJ4
£340K03/230.85 mi32, Siddons Road, Hereford, Herefordshire HR1 1XD4
£330K05/230.86 mi90, Old Eign Hill, Hereford, Herefordshire HR1 1UB4

Local Rents

21 rents from £875/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.12 mi-3
£99512/240.29 miWhittern Way, HEREFORD3
£1,10012/240.31 mi-3
£97512/240.47 mi-3
£97508/240.47 mi-3
£1,20012/240.49 miSt. Owen Street, Hereford3
£99512/240.53 mi-3
£1,10008/240.53 mi-3
£2,80012/240.74 mi-4
£1,30012/240.76 mi-3
£1,30012/240.76 mi-3
£1,35011/240.76 mi-3
£1,25004/240.81 miBridge Street, Hereford4
£87504/240.82 miBridge Street, HEREFORD3
£1,40002/250.83 mi-4
£99505/240.93 miMortimer Road, Hereford3
£99502/241.07 mi-3
£1,60004/241.19 miHereford, Herefordshire, HR26
£1,15004/241.21 miWalton Close, HEREFORD3
£1,50008/241.24 mi-5
£1,50008/241.24 mi-5

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

4.05 miles away

Nearest school

0.30 miles away

Nearest train station

0.34 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 £675,000

March 12, 2025

Price changed to £695,000

November 8, 2024

Listed for £715,000

June 7, 2024

Floor Plans

Description

  • With no onward chain! +
  • Handsome period property +
  • Offering ample living space +
  • Walking distance of city facilities +
  • Two large reception rooms +
  • Good kitchen/breakfast space +
  • Four double bedrooms +
  • Two spacious bathrooms +
  • Cellar and double garage +
  • Enclosed gardens +

Available for the first time in well over 40 years, a well-proportioned and handsome grade II listed period house, in a sought after and tucked away location, yet within walking distance of the city centre.

Situation and Description
With stunning views across Hereford to the Black Mountains in the distance, a spacious and well balanced period house in a tucked away location, yet within walking distance of a host of facilities including the train station and colleges.

Available for the first time in many years this lovely house is ideal for a growing family and offers huge potential in our opinion. Viewing highly recommended.

The main accommodation is well-proportioned throughout with two large reception rooms, a spacious kitchen, two room cellar, four double bedrooms and two bathrooms. Although now dated, the living space is very comfortable and has obviously been well maintained and cared for over the years. Current benefits include gas-fired central heating, all fitted carpets, a double garage, private parking, attractive enclosed gardens at the rear, and lots of potential.

On arrival, a pillared porch and front door leads into a welcoming entrance hall with decorative arch, sash window to the front, and door to a good-sized cloakroom. The main sitting room is light and spacious, with a walk-in bay to the rear with glazed doors overlooking and leading out to the gardens. A period marble fireplace gives a focal point to the room and there are fitted bookshelves and wall lights. A separate dining room also allows direct access to the rear gardens and offers space for entertaining. The kitchen/breakfast room, again, is a good size and has plenty of cupboard space, working surfaces with inset sink, a door to outside, a fireplace with fitted central heating boiler and steps up to a conservatory/ utility space. From here windows overlook the gardens and there is direct access to outside.

From the reception hall an enclosed staircase leads down to a two-room cellar with power and lighting, access to outside, two cold slabs and in our view offers huge potential for other uses including a gym or cinema room.

A fully carpeted staircase from the hall leads up to a generous first floor landing with sash windows to the front enjoying distant views. Two large double bedrooms both then enjoy plenty of light and space, with windows to both the front and rear with far-reaching views, as well as fitted carpets and wardrobes. Both bedrooms are supported by a large family bathroom with all the usual fittings and a useful airing cupboard. The staircase then continues to the second floor, where two further double bedrooms have double and triple aspects with some fine views over the city to the Black Mountains in the distance. Both rooms have useful wardrobe space and are supported by a second family bathroom which has far-reaching views at the rear.

Outside
White Gates is approached from Vinery Lane, and then by its own gated drive which offers parking and turning space to the front, edged by mature shrub borders. A double garage offers excellent enclosed space and includes an automatic up and over door to the front, window to the side wall shelving, power and lighting and door to the rear leading to the gardens.
At one side of the garage a wrought iron gate provides access to the rear, where the gardens are secure and well enclosed on all sides by brick walling and timber fencing. The gardens form a natural sun trap with two sun terraces, central lawn and well stocked floral and shrub borders.

Services and Considerations
Mains water, gas, electricity and drainage connected.
Tenure freehold.
Council Tax: F
EPC Rating N/A
Mobile Phone Coverage 4G/5G
Broadband Fibre Halo 3

It is not our company policy to test services and domestic appliances, so we cannot verify that they are in working order. These and any matters relating to Rights of Way should be checked with your Solicitor or Surveyor.

Prospective purchasers: Upon submitting an offer, we will require by law, proof of ID for all buyers. A picture ID and a separate address ID together with proof of funding.

Directions
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From the centre of Hereford, take the A465 towards Worcester and continue along Commercial Road passing over the railway line, before turning right into Southbank Road. After 100 yards turn right into Southbank Close and then first left into a a small lane and turn right at the top into Vinery Lane. White Gates will then be found in front of you after a short distance.

Agent Details

Brookes Bliss Estate Agents, Hereford

01432 805154

Next Steps?

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