3 Bed Semi-Detached House, Single Let, Hereford, HR2 7NT, £190,000

Green Croft, Redhill, Hereford, HR2 7NT - 7 months ago

Sold STC
BTL
ROI: 3%
~74 m²
+7 photos

ValuationUndervalued

Sold Prices£115K - £345K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~74 m²
Price/m²£2.6K/m²

Value Estimate

£199,231
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£875 - £1,200

Rent Estimate

£950

Running Costs/mo

£804

Cashflow/mo

£146

Cashflow/yr

£1,755

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £115K to £345K, average is £210K. £1.4K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£235K11/210.05 mi48, Honddu Close, Hereford, Herefordshire HR2 7NY3
£170K08/210.06 mi14, Grafton Walk, Hereford, Herefordshire HR2 7QS3
£163K02/210.09 mi26, Marlbrook Road, Hereford, Herefordshire HR2 7NS3
£187.5K06/210.13 mi4, Quicksetts, Hereford, Hereford And Worcester HR2 7PP3
£175K11/210.15 mi5, Cobhall Close, Hereford, Herefordshire HR2 7LL3
£200K07/230.15 mi8, Cobhall Close, Hereford, Herefordshire HR2 7LL3
£200K07/210.16 mi11, Honddu Close, Hereford, Herefordshire HR2 7NX3
£255K07/210.17 mi275, Ross Road, Hereford, Herefordshire HR2 7QJ3
£220K07/230.17 mi56, Hillside Avenue, Hereford, Herefordshire HR2 7LQ3
£188.5K11/210.18 mi13, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£183K02/210.18 mi4, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£170K12/200.18 mi12, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£195K05/230.19 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£172.5K02/210.19 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£222.5K01/230.19 mi31, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£220K03/210.19 mi1, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£262.5K12/220.19 mi5, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£235K04/210.19 mi8, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£256K02/230.21 mi41, Hillside Avenue, Hereford, Herefordshire HR2 7LG3
£263K01/230.22 mi195, Ross Road, Hereford, Herefordshire HR2 7RR3
£218K10/200.23 mi5, Kemble Close, Hereford, Herefordshire HR2 7SB3
£242K12/220.24 mi4, Bardolph Close, Hereford, Herefordshire HR2 7QA3
£215K03/210.25 mi17, Garrick Avenue, Hereford, Herefordshire HR2 7RU3
£210K09/210.25 mi16, Beaufort Avenue, Hereford, Herefordshire HR2 7QD3
£199.9K09/210.26 mi11, Falstaff Road, Hereford, Herefordshire HR2 7QF3
£222K01/230.26 mi9, Falstaff Road, Hereford, Herefordshire HR2 7QF3
£115K12/200.26 mi94, Stanberrow Road, Hereford, Herefordshire HR2 7NB3
£120K06/210.27 mi38, Ethelstan Crescent, Hereford, Herefordshire HR2 7HR3
£185K05/210.28 mi41, Charlton Avenue, Hereford, Herefordshire HR2 7HP3
£190K04/210.29 mi4, Web Tree Avenue, Hereford, Herefordshire HR2 6HG3
£197.5K12/200.3 mi1, Clover Piece Walk, Hereford, Herefordshire HR2 7SZ3
£239.9K06/230.3 mi6, Clover Piece Walk, Hereford, Herefordshire HR2 7SZ3
£279.9K06/210.31 mi179, Ross Road, Hereford, Herefordshire HR2 7RP3
£345K06/210.33 mi28, Hazel Grove, Hereford, Herefordshire HR2 7JX3
£262K06/210.33 mi5, Hazel Grove, Hereford, Herefordshire HR2 7JX3
£264K01/230.33 mi36, Hazel Grove, Hereford, Herefordshire HR2 7JX3
£157K05/210.34 mi8, Monnow Crescent, Hereford, Herefordshire HR2 7NH3
£215K12/200.35 mi1, Campbell Close, Hereford, Herefordshire HR2 6GH3
£204.9K06/210.35 mi21, Broad Leys Crescent, Hereford, Herefordshire HR2 7RT3
£212K06/210.35 mi6, Granary Grove, Hereford, Herefordshire HR2 6RZ3
£245K07/230.36 mi11, Dinedor Avenue, Hereford, Herefordshire HR2 6DW3
£210K06/210.36 mi11, Lacey Way, Hereford, Herefordshire HR2 7PB3
£245K04/230.36 mi2, Stable Drive, Hereford, Herefordshire HR2 6SH3
£190K02/210.37 mi28, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£257K12/220.37 mi20, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£210K06/230.39 mi19, Escley Drive, Hereford, Herefordshire HR2 7LU3
£179.5K01/210.39 mi18, Waterfield Road, Hereford, Herefordshire HR2 7DD3
£200K07/230.39 mi61, Walnut Tree Avenue, Hereford, Herefordshire HR2 7JU3
£195K06/230.4 mi9, Weobley Close, Hereford, Herefordshire HR2 7EJ3
£215K11/200.41 mi102, Ross Road, Hereford, Herefordshire HR2 7RW3

Local Rents

11 rents from £875/mo to £1.2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,05012/240.34 miNew Kilvert Road, HEREFORD3
£99504/240.39 miEscley Drive, HEREFORD3
£1,15012/240.43 miThe Hawthorns, Hereford3
£95012/240.43 mi-3
£97509/240.43 mi-3
£97509/240.43 mi-3
£1,15004/240.56 miWalton Close, HEREFORD3
£95012/240.92 miWestholme Road, Belmont, HEREFORD3
£87504/241.02 miBridge Street, HEREFORD3
£99512/241.14 mi-3
£1,20012/241.18 miSt. Owen Street, Hereford3

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

5.06 miles away

Nearest school

0.10 miles away

Nearest train station

1.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £190,000

October 8, 2024

Listed for £200,000

September 10, 2024

Floor Plans

Description

'Situated to the south of Hereford City, a three bedroom semi detached family home, with off road parking, gas central heating, double glazing and enclosed rear garden'
LOCATION
The property is set to the south of Hereford City in the well established residential location of Redhill. In the area is a local shop and both primary and secondary schools. Hereford as a whole offers a wide range of shopping, leisure and recreational facilities together with educational establishments and both bus and railway stations.
DESCRIPTION
The subject property is a three bedroom, semi detached family home with the added benefit of gas central heating, double glazing, off road parking and enclosed rear garden. The accommodation comprises entrance hall, sitting room, kitchen/dining room, first floor landing with access to three bedrooms and shower room. In more detail the accommodation comprises:
ON THE GROUND FLOOR:

Entrance Hall
A double glazed panelled entrance door leads to the entrance hall with panelled radiator, stairs to the first floor, understairs storage cupboard, door to the sitting room and kitchen/dining room.
Sitting Room 4.17m (13'8) x 3.4m (11'2) (maximum)
With front aspect double glazed window, gas fire with decorative surround, laminated flooring, coved ceiling, telephone point and television point.
Kitchen/Dining Room 5.97m (19'7) x 2.57m (8'5)
With side and rear aspect double glazed windows. A range of units comprising a stainless steel 1½ bowl sink drainer unit with work surfaces, tiled splash backs, base units under with matching wall units, plumbing and space for washing machine, space for cooker, wall mounted gas central heating boiler, panelled radiator, vinyl flooring, space for dining table, telephone point and rear aspect double glazed door giving access to the rear garden.
ON THE FIRST FLOOR:

Landing
With access hatch to loft space, smoke alarm, doors to bedrooms and bathroom.
Bedroom 1 3.45m (11'4) (maximum) x 3.33m (10'11) (plus door recess)
With front aspect double glazed window, panelled radiator and storage cupboard with further radiator.
Bedroom 2 3.71m (12'2) (plus door recess) x 2.59m (8'6)
With rear aspect double glazed window and panelled radiator.
Bedroom 3 2.67m (8'9) (maximum) x 2.41m (7'11) (maximum including bulk head)
With front aspect double glazed window and panelled radiator.
Bathroom
With rear aspect double glazed window with suite comprising double shower cubicle with electric shower, low flush wc, vanity wash hand basin, partially tiled wall surround, heated towel rail and panelled radiator.
OUTSIDE:
To the front of the property is a block paved driveway with steps leading to the front door. There is a slope with a side access path and gate giving access to the rear garden. To the immediate rear of the property are three storage sheds and a covered patio area giving access to the main garden which is laid to lawn with raised border and ornamental pond. The property has the benfit of an outside tap and the garden is enclosed by fencing to provide a degree of privacy.
COUNCIL TAX BAND B
Payable to Herefordshire Council
BROADBAND & MOBILE PHONE COVERAGE
Broadband - Ultrafast available.

Mobile Phone Coverage - Please use to verify mobile coverage of different networks at this address.
SERVICES
It is understood that mains electricity, gas, water and drainage services are connected to the property. Confirmation in respect of mains service supplies should be obtained by the prospective purchaser. None of the electrical goods or other fittings has been tested and they are sold without warranty or undertaking that they are installed to current standards.
VIEWING
Strictly by appointment through the agents, telephone Hereford .
DIRECTIONAL NOTE
Proceed out of Hereford along the Ross Road. At St Martins Church proceed straight over the traffic lights and take the second turning on the right into Mayberry Avenue and first left into Ross Road. Continue around the bends and turn right into Standale Road and then first right into Green Croft where the property is located on the left hand side.
Agents Note
Under Section 21 Of the Estate Agency Act please note that the vendors of this property are related to a member of staff working at Watkins Thomas.
Agents Note
The property is being sold as part of an estate and probate has been applied for.
7th September 2024
ID37506
Disclaimer
Watkins Thomas Ltd. Registered in Cardiff, No: 8037310. These particulars are used on the strict understanding that all negotiations are conducted through WATKINS THOMAS LTD. MISREPRESENTATION ACT - 1967 WATKINS THOMAS LTD, for itself and for the Vendors of this property whose agent it is give notice that: 1. These particulars do not constitute, nor constitute any part of an offer or contract. 2. All statements contained in these particulars as to this property are made without responsibility on the part of WATKINS THOMAS LTD or the Vendor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. The Vendor does not make or give, and neither WATKINS THOMAS LTD nor any person in its employment has authority to make or give any representation or warranty whatsoever in relation to this property.

Agent Details

Watkins Thomas, Hereford

01432 272280

Next Steps?

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