2 Bed Terraced House, Single Let, Ross-on-Wye, HR9 6NN, £450,000

Herberts Hill Cottage, Llangarron, HR9 6NN - 2 views - 8 months ago

Sold STC
BTL
~84 m²
+23 photos

Valuation

Sold Prices£183.5K - £183.5K
Sold Prices/m²£2.9K/m² - £2.9K/m²

 

 

Square Metres

~84 m²
Price/m²£5.4K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£675 - £1,700

Rent Estimate

£675

Running Costs/mo

£1,561

Cashflow/mo

£-886

Cashflow/yr

£-10,635

Gross Yield

2%

Local Sold Prices

1 sold prices from £183.5K to £183.5K, average is £183.5K.

PriceDateDistanceAddressBeds 
£183.5K10/232.89 mi3, Old High Town Green, Peterstow, Ross-on-wye, Herefordshire HR9 6LD2

Local Rents

3 rents from £675/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,70009/241.36 miMorningside, Llangrove, Herefordshire, HR9 6EZ5
£1,35004/241.99 miDitton Cottage, St Owens Cross, Herefordshire, HR2 8LL3
£67509/242.22 miPencraig, Ross-on-Wye, HR91

Local Area Statistics

Population in hr9

20,936

Town centre distance

4.49 miles away

Nearest school

1.40 miles away

Nearest train station

11.87 miles away

 

 

Rental growth (12m)

+61%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Listed for £450,000

August 2, 2024

Floor Plans

Description

  • Detached two bedroom cottage +
  • Beautiful rural location +
  • Excellent potential for an extension/ re-development (subject to planning) +
  • Garden extending to just over a third of an acre +
  • Currently tenanted but can be available with vacant possession upon completion +
  • Located within a short drive of Goodrich, Ross-on-Wye and Monmouth +
  • Off-road parking +
  • Offered with no onward chain +
  • EPC Rating: D +

Description Herberts Hill Cottage is a delightful property requiring some updating, allowing the new owner to add their own style and flair over a period of time. Step into the entrance hall, located to the front of the property, perfect for hanging coats and storing boots and shoes. A door leads into the sitting room. The sitting room benefits from a wood burning stove and under stairs cupboards. The kitchen, which is located just off the sitting room, has base and wall units with solid worktops. There is space for a dishwasher, cooker and further white goods. A window conveniently located above the sink overlooks the side garden. From the kitchen there is a pantry, utility and ground floor cloakroom. This section of the cottage, where the utility and cloakroom are located, offers excellent scope to extend and turn the space into an open plan kitchen / dining room. The views to the rear are beautiful. Stairs from the entrance hall lead up to two double bedrooms and the family bathroom. Both bedrooms are generous in size with bedroom one offering fitted wardrobe space. Outside Herberts Hill Cottage benefits from off-road parking for multiple vehicles. The wrap around garden extends to just over a third of an acre and offers beautiful uninterrupted views over Herefordshire countryside. A brick outbuilding can be found in the garden as well as lots of space for sheds, green houses and potential for a garage (subject to planning). Key Information Services: The property benefits from mains water, electricity, oil fired central heating and private drainage (septic tank). Fixtures and fittings: Only those items specifically mentioned in these particulars will be included in the sale. Tenure: Freehold with vacant possession upon completion Local Authority: Herefordshire County Council Council Tax Band: D Wayleaves, Easements and Rights of Way: The property will be sold subject to and with the benefit of all wayleaves, easements and any public and private rights of way that exist, whether or not, they are specifically referred to these particulars. Sale Method: The property is offered for sale by Private Treaty.

Viewings: Strictly by appointment with Powells

Agent Details

Powells, Monmouth

01600 732100

Next Steps?

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