2 Bed Terraced House, Single Let, Hereford, HR2 7EG, £180,000

Grosmont Grove, Hereford, HR2 7EG - 6 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£95K - £226.5K
Sold Prices/m²£1.6K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£201,810
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£675 - £1,050

Rent Estimate

£821

Running Costs/mo

£747

Cashflow/mo

£74

Cashflow/yr

£892

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £95K to £226.5K, average is £174.5K. £1.6K/m² to £4.2K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£185K03/230.01 mi45, Grosmont Grove, Hereford, Herefordshire HR2 7EG2
£130K10/210.15 mi29, Blakemore Close, Hereford, Herefordshire HR2 7HZ2
£95K04/210.15 mi27, Blakemore Close, Hereford, Herefordshire HR2 7HZ2
£215K09/210.36 mi5, Bardolph Close, Hereford, Herefordshire HR2 7QA2
£185K12/220.37 mi11, Graftonbury Mews, Grafton, Hereford, Herefordshire HR2 8BN2
£160K09/210.44 mi33, Holmfirth Close, Hereford, Hereford And Worcester HR2 7UG2
£197K11/220.45 mi30, Eastholme Avenue, Belmont, Hereford, Herefordshire HR2 7UQ2
£208K02/230.47 mi2, Holmfirth Close, Hereford, Herefordshire HR2 7UG2
£157K11/210.5 mi23, Coppin Rise, Belmont, Hereford, Hereford And Worcester HR2 7UE2
£160K11/200.5 mi24, Coppin Rise, Belmont, Hereford, Hereford And Worcester HR2 7UE2
£162.5K04/210.5 mi25, Coppin Rise, Belmont, Hereford, Herefordshire HR2 7UE2
£187.5K08/230.5 mi29, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB2
£162.5K01/210.5 mi26, Yarlington Mill, Belmont, Hereford, Hereford And Worcester HR2 7UB2
£152.5K03/230.5 mi26, Brook Farm Court, Belmont, Hereford, Herefordshire HR2 7TY2
£155K06/210.5 mi33, Brook Farm Court, Belmont, Hereford, Herefordshire HR2 7TY2
£195K07/230.52 mi2, Wheatridge Road, Belmont, Hereford, Herefordshire HR2 7UL2
£180K06/230.54 mi30, Blackthorn Close, Belmont, Hereford, Herefordshire HR2 7XU2
£185K12/220.57 mi30, Flaxley Drive, Hereford, Herefordshire HR2 7XQ2
£152K12/200.57 mi25, Flaxley Drive, Hereford, Herefordshire HR2 7XQ2
£163K07/210.59 mi2, Green Ash Close, Hereford, Herefordshire HR2 7UF2
£165K11/210.59 mi1, Green Ash Close, Hereford, Herefordshire HR2 7UF2
£185K01/210.62 mi26, Chichester Close, Belmont, Hereford, Herefordshire HR2 7YU2
£185K06/210.62 mi58, Chichester Close, Belmont, Hereford, Herefordshire HR2 7YU2
£176K01/210.62 mi16, Chichester Close, Belmont, Hereford, Herefordshire HR2 7YU2
£187K05/230.64 mi8, Glastonbury Close, Belmont, Hereford, Herefordshire HR2 7YL2
£143K02/210.64 mi76, Mayberry Avenue, Hereford, Herefordshire HR2 7QT2
£169K03/210.65 mi6, Fallowfield Close, Hereford, Hereford And Worcester HR2 7NZ2
£189.9K08/210.65 mi27, Fallowfield Close, Hereford, Herefordshire HR2 7NZ2
£188K07/210.66 mi1, Boxgrove, Belmont, Hereford, Hereford And Worcester HR2 7YF2
£163.5K10/200.67 mi32, Romsey Drive, Belmont, Hereford, Herefordshire HR2 7YH2
£173K11/200.67 mi6, Amesbury Close, Belmont, Hereford, Hereford And Worcester HR2 7YJ2
£195K04/210.68 mi10, Pentwyn Avenue, Hereford, Herefordshire HR2 7LB2
£158.5K10/200.68 mi21, Grantham Close, Belmont, Hereford, Hereford And Worcester HR2 7ZG2
£195K05/230.68 mi26, Grantham Close, Belmont, Hereford, Herefordshire HR2 7ZG2
£150K02/210.7 mi25, Sydwall Road, Belmont, Hereford, Herefordshire HR2 7XJ2
£180K04/210.7 mi5, Sydwall Road, Belmont, Hereford, Herefordshire HR2 7XJ2
£160K05/210.73 mi5, Peacocks Field Walk, Hereford, Herefordshire HR2 6SA2
£192K02/210.74 mi32, Northolme Road, Belmont, Hereford, Herefordshire HR2 7SP2
£210K01/230.74 mi22, Northolme Road, Belmont, Hereford, Herefordshire HR2 7SP2
£226.5K12/220.74 mi11, Northolme Road, Belmont, Hereford, Herefordshire HR2 7SP2
£143.5K06/230.75 mi4, Hopbine Grove, Hereford, Herefordshire HR2 6RW2
£155.2K07/230.75 mi3, Hopbine Grove, Hereford, Herefordshire HR2 6RW2
£206K11/220.77 mi22, Waggoners Way, Hereford, Herefordshire HR2 6RJ2
£160K02/210.77 mi3, Smithy Court, Hereford, Herefordshire HR2 6RS2
£186K05/210.77 mi10, Smithy Court, Hereford, Herefordshire HR2 6RS2
£129.5K04/210.77 mi2, Smithy Court, Hereford, Herefordshire HR2 6RS2
£199.9K08/210.79 mi34, Walnut Tree Avenue, Hereford, Herefordshire HR2 7JU2
£195K12/220.82 mi6a, Walnut Tree Avenue, Hereford, Herefordshire HR2 7JT2
£130K04/210.82 mi45, Staddlestone Circle, Hereford, Herefordshire HR2 6SB2
£136K09/210.85 mi14, Meadow Way, Hereford, Herefordshire HR2 6SG2

Local Rents

10 rents from £675/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85008/230.15 mi-2
£67512/240.15 miBlakemore Close, HEREFORD2
£86504/240.5 miCoppin Rise, Belmont, HEREFORD2
£85004/240.51 miHolm Oak Road, Belmont, HEREFORD2
£85012/240.56 miFlaxley Drive, Hereford2
£88512/240.74 miCider Press Drive, Hereford, HR22
£82512/241.02 miBelmont Road, Belmont, Hereford, HR22
£1,05012/241.08 miHawthorn Grove, Hereford, Herefordshire, HR2 6AU2
£82012/241.17 miThe Pastures, Hereford, HR22
£82504/241.2 mi-2

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

5.31 miles away

Nearest school

0.30 miles away

Nearest train station

2.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £180,000

November 14, 2024

Price changed to £184,000

November 13, 2024

Listed for £182,500

September 30, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Very Good Order +
  • Central Heating/ Double Glazing +
  • Parking & Gardens +
  • Cul De Sac Position +

A well presented two bedroom property which benefits from central heating, double glazing, shower room with additional seated bath, great sized main bedroom, off road parking and gardens.

Agent Details

Williams Estate Agents, Herefordshire

01432 807999

Next Steps?

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