3 Bed Semi-Detached House, Refurb/BRRR, Ross-on-Wye, HR9 5LW, £220,000

66 Park Walk, Ross-on-Wye, Hfds. HR9 5LW - 3 views - 6 months ago

Sold STC
Refurb/BRRR
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£160K - £475K
Sold Prices/m²£2K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£255,000
BMV2%

 

 

End Value (After Refurb)

£282,874

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£37,686

Bridging Loan Interest

£5,775

Total Cash In

£108,911

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£282,874

Mortgage (After Refinance)

£212,155

Mortgage LTV

75%

Cash Released

£47,155

Cash Left In

£61,755

Equity

£70,718

Rent Range

£421 - £3,500

Rent Estimate

£1,011

Running Costs/mo

£1,106

Cashflow/mo

£-95

Cashflow/yr

£-1,142

Gross Yield

6%

Local Sold Prices

22 sold prices from £160K to £475K, average is £278.5K. £2K/m² to £7.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£272K09/230.05 mi3, Park Walk, Ross-on-wye, Herefordshire HR9 5LW3
£285K01/240.09 mi14, Waterside, Ross-on-wye, Herefordshire HR9 5LN3
£230K01/240.13 mi12, Grammar School Close, Ross-on-wye, Herefordshire HR9 7QD3
£430K02/240.16 mi24, Gloucester Road, Ross-on-wye, Herefordshire HR9 5LQ3
£475K02/240.3 miAlton Gate, Penyard Lane, Ross-on-wye, Herefordshire HR9 5NR3
£410K05/240.35 mi3, Harefields, Hildersley, Ross-on-wye, Herefordshire HR9 7NL3
£270K03/240.45 miThe Graig, Brookfield Road, Ross-on-wye, Herefordshire HR9 7EL3
£227.5K11/230.62 mi29, Three Crosses Road, Ross-on-wye, Herefordshire HR9 7HB3
£375K02/240.64 mi19, Chatsworth Close, Ross-on-wye, Herefordshire HR9 7XH3
£310K09/230.67 mi19, Sandringham Close, Ross-on-wye, Herefordshire HR9 7XN3
£308K08/240.68 mi12, Swallow Road, Ross-on-wye, Herefordshire HR9 7WS3
£290K06/240.68 mi81, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UP3
£300K04/240.69 mi9, The Roslins, Ross-on-wye, Herefordshire HR9 5XA3
£160K03/240.7 mi71, Verschoyle Gardens, Ross-on-wye, Herefordshire HR9 7HH3
£250K10/230.73 mi11, Mayhill Road, Ross-on-wye, Herefordshire HR9 7EU3
£420K02/240.74 mi10, The Shrubbery, Ross-on-wye, Herefordshire HR9 5BE3
£250K05/240.75 mi1, Falaise Close, Ross-on-wye, Herefordshire HR9 5UT3
£240K08/230.79 mi1, Chapel Road, Ross-on-wye, Herefordshire HR9 5PR3
£260K05/240.81 mi10, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UN3
£245K07/241.01 mi1, Laburnum Close, Ross-on-wye, Herefordshire HR9 5UB3
£315K08/231.13 miOakwood, Wilton Lane, Wilton, Ross-on-wye, Herefordshire HR9 6AH3
£225K04/241.7 mi5, Coughton Place, Coughton, Ross-on-wye, Herefordshire HR9 5RX3

Local Rents

48 rents from £421/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£42106/230.13 mi-2
£72509/240.25 miHenry Street, Ross-On-Wye, Herefordshire, HR92
£92509/240.25 miCasson Place, Henry Street, Ross-On-Wye, Herefordshire, HR93
£1,05009/240.25 mi4B Henry Street, Ross-on-Wye3
£1,10011/240.27 mi-3
£85003/250.3 mi-2
£85011/240.33 mi-2
£59509/240.33 miCopse Cross Street1
£49509/240.33 miFlat 22 Palma Court, Brookend Street, Ross-on-Wye1
£75009/240.33 miPalma Court, Brookend Street, Ross-on-Wye2
£60006/230.34 mi-1
£57509/240.34 miCopse Cross Street1
£77503/240.37 mi-2
£85006/240.37 mi-2
£85006/240.37 mi-2
£79503/250.38 mi-1
£75001/250.39 mi-1
£65006/230.39 mi-1
£75012/240.39 mi-1
£97504/240.39 mi-2
£1,25004/250.39 mi-2
£75009/240.39 miOver Ross Street, Ross-On-Wye2
£85002/250.41 mi-2
£75009/240.45 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£75009/240.45 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£87509/240.46 miSwan House, Edde Cross Street, Ross-on-Wye, Herefordshire, HR92
£65009/240.46 miWye Street, Ross-On-Wye1
£1,02509/240.51 miBrampton Close, Ross-on-Wye2
£1,29509/240.54 miOld Tannery Way, Ross-on-Wye, Herefordshire, HR94
£46703/250.56 mi-1
£83009/240.66 miPrimrose Close, Ross-on-Wye, HR92
£1,39508/240.68 mi-4
£44804/250.7 mi-2
£49003/250.73 mi-1
£1,00009/240.85 miTurbit Close, Ross-On-Wye2
£1,05009/240.87 miFrillbank Road, Ross-On-Wye2
£55009/241.01 miFlat , Wilton Post Office, Wilton, Ross-on-Wye1
£1,29509/241.02 miSycamore Close, Ross-on-Wye, Herefordshire, HR94
£1,10009/241.29 miBannut Tree Gardens, Bridstow, Ross-on-Wye3
£3,50009/241.63 miKingstone Court, Weston Under Penyard, HR9 7PQ4
£1,50004/241.84 mi-3
£90009/241.87 miBridstow, Ross-on-Wye, Herefordshire, HR92
£2,50005/241.87 mi-5
£2,60012/241.87 mi-5
£1,00004/251.87 mi-1
£52803/251.91 mi-1
£1,65009/242.04 miBridstow, Ross-on-Wye, Herefordshire, HR94
£1,40009/242.34 miWarryfields Cottage, Walford, Ross-On-Wye, HR9 5QW3

Local Area Statistics

Population in hr9

20,936

Town centre distance

0.63 miles away

Nearest school

0.50 miles away

Nearest train station

11.15 miles away

 

 

Rental growth (12m)

+61%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Price changed to £220,000

March 20, 2025

Listed for £250,000

October 11, 2024

Floor Plans

Description

  • No Forward Chain +
  • Lounge & Dining Room +
  • Downstairs WC +
  • Kitchen +
  • Three Bedrooms +
  • Bathroom with Separate WC +
  • Integrated Garage & Parking +
  • Rear Gardens with Summer House +
  • EPC Rating: D +

Offered with no onward chain. A spacious three bedroom semi-detached property requiring some modernisation. Situated in a pleasant cul de sac location within easy reach of the town centre.

The property is extremely well situated in this popular residential area within easy walking distance of Ross-on-Wye town centre with its extensive range of shopping, social and sports facilities. There are extremely good road links to The Midlands and South Wales via the M50/M5 and the A40.

The property is entered via:
uPVC door leading into:

Reception Porch:
Double glazed window to side aspect. Door into:

Sitting Room: 16'3" x 10'8" (4.95m x 3.25m).
Double glazed window to front aspect. Gas fire with decorative display shelving. Radiator. Glazed feature panel with matching door into inner lobby and further door through to:

Dining Room: 8'7" x 7'8" (2.62m x 2.34m).
Double glazed window to rear aspect. Radiator. Wall mounted Worcester boiler which supplies domestic hot water and central heating. Radiator. Door to:

Downstairs WC:
Low level WC. Extractor fan.

Access from the dining room leads through to:
Kitchen: 8'11" x 8'1" (2.72m x 2.46m).
Double glazed window to rear aspect. uPVC door with obscure glazed panel out to rear garden. Range of base and wall mounted units with space for electric cooker. Single bowl drainer sink unit. Plumbing for washing machine. Space for fridge. Tiled splashbacks.

From the sitting room a glazed door leads to the Inner Lobby which has a useful understairs storage and Staircase to:

First Floor Landing: Access to loft space. Door to:

Bedroom 1: 13'10" x 10'6" (4.22m x 3.2m).
Double glazed window to rear aspect. Radiator.

Bedroom 2: 11'8" x 10'5" (3.56m x 3.18m).
Double glazed window to front aspect with attractive views. Radiator.

Bedroom 3: 10'11" x 8'2" (3.33m x 2.5m).
Double glazed window to front aspect. Radiator.

Separate WC:
Obscure glazed window to rear aspect. WC.

Bathroom:
Panelled bath with tiled surrounds. Wash hand basin. Radiator. Obscure glazed window to rear aspect. Airing cupboard with lagged hot water cylinder with immersion heater.

Outside:
A shared driveway leads in leading to a block paved drive with parking for one vehicle this leads to:

Integral Garage: 15'10" x 7'4" (4.83m x 2.24m).
Steel up and over. Power and lighting.

The front garden has been planted with mature shrubs to create privacy with a pathway to the side aspect leading to a gated entrance into the rear garden. Currently in need of some attention. With a patio with steps lead up to a lawned area where there is a summer house, all of which are enclosed by modern panelled fencing.

Property Information:
Council Tax Band: C
Heating: Gas Central Heating
Mains Drainage, Water and Electric
Broadband: Superfast 80 Mbps Available
Satellite/Fibre: Sky & BT available. Virgin: Not available.
Mobile Phone Coverage:

Directions: From the centre of Ross, turn left Copse Cross Street then left into Alton Street and into Alton Road. Turn left into Waterside and first right into Park Walk. The property can be found on your right hand side.

Agent Details

Richard Butler & Associates, Ross-On-Wye

01989 551078

Next Steps?

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