3 Bed Terraced House, Single Let, Hereford, HR1 4LN, £220,000

Mordiford, Hereford, HR1 4LN - 6 months ago

BTL
ROI: 9%
~148 m²
+11 photos

ValuationUndervalued

Sold Prices£182.5K - £350K
Sold Prices/m²£2.1K/m² - £4.1K/m²

 

 

Square Metres

~148.19 m²
Price/m²£1.5K/m²

Value Estimate

£266,200
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£1,500 - £1,500

Rent Estimate

£1,500

Running Costs/mo

£1,008

Cashflow/mo

£493

Cashflow/yr

£5,910

ROI

9%

Gross Yield

8%

Local Sold Prices

45 sold prices from £182.5K to £350K, average is £279.9K. £2.1K/m² to £4.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£342.5K09/210.37 mi7, Pentaloe Close, Mordiford, Hereford, Herefordshire HR1 4LS3
£350K03/210.37 mi5, Pentaloe Close, Mordiford, Hereford, Herefordshire HR1 4LS3
£295K01/211.46 miHill View, Bridge Road, Holme Lacy, Hereford, Herefordshire HR2 6LP3
£187.5K06/231.49 mi15, Hardinge Close, Holme Lacy, Hereford, Herefordshire HR2 6JY3
£300K09/211.73 mi28, Scotch Firs, Fownhope, Hereford, Herefordshire HR1 4NP3
£285K12/201.73 mi27, Scotch Firs, Fownhope, Hereford, Hereford And Worcester HR1 4NP3
£266.5K07/231.84 mi5, Nover Wood Drive, Fownhope, Hereford, Herefordshire HR1 4PN3
£237K05/211.91 mi60, Church Croft, Fownhope, Hereford, Hereford And Worcester HR1 4PL3
£315K06/231.91 mi60, Church Croft, Fownhope, Hereford, Herefordshire HR1 4PL3
£270K03/212.01 mi1, Frome Court, Bartestree, Hereford, Herefordshire HR1 4DX3
£284.9K06/212.1 mi4, Frome Park, Bartestree, Hereford, Herefordshire HR1 4BF3
£220K06/212.43 mi65, Gurney Avenue, Hereford, Hereford And Worcester HR1 1XN3
£345K03/232.44 mi12, Malvern Place, Bartestree, Hereford, Herefordshire HR1 4AU3
£250K05/232.45 mi78, Gurney Avenue, Hereford, Herefordshire HR1 1XW3
£280K03/232.5 mi29, Thistledown Grove, Hereford, Herefordshire HR1 1AZ3
£232.5K03/212.5 mi18, Thistledown Grove, Hereford, Hereford And Worcester HR1 1AZ3
£182.5K12/202.55 mi27, Barneby Avenue, Bartestree, Hereford, Herefordshire HR1 4DH3
£195K01/212.55 mi24, Barneby Avenue, Bartestree, Hereford, Herefordshire HR1 4DH3
£330K02/232.59 mi9, Hopton Close, Bartestree, Hereford, Herefordshire HR1 4DQ3
£255K11/222.59 mi42, Burdon Drive, Bartestree, Hereford, Herefordshire HR1 4DL3
£290K01/232.65 mi66, Gorsty Lane, Hereford, Herefordshire HR1 1UN3
£264K04/212.65 mi64, Gorsty Lane, Hereford, Herefordshire HR1 1UN3
£320K01/232.69 mi22, Lyall Close, Hereford, Herefordshire HR1 1XG3
£232.5K01/212.7 mi25, Knightswood, Hereford, Herefordshire HR1 1UZ3
£238K05/212.7 mi14, Knightswood, Hereford, Herefordshire HR1 1UZ3
£250K04/212.71 mi16, Lyall Close, Hereford, Herefordshire HR1 1XG3
£280K09/212.71 mi27, Lyall Close, Hereford, Herefordshire HR1 1XG3
£266K11/202.71 mi14, Lyall Close, Hereford, Hereford And Worcester HR1 1XG3
£280K07/212.71 mi9, Rowland Close, Hereford, Herefordshire HR1 1XF3
£285K03/232.74 mi3, Alice Close, Hereford, Herefordshire HR1 1XQ3
£270K11/202.85 mi16, Harvey Road, Hereford, Herefordshire HR1 1XB3
£338K07/232.86 mi12, Lighton Close, Hereford, Herefordshire HR1 1UH3
£291K10/212.9 mi87, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ3
£275K11/202.9 mi97, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ3
£264K05/212.9 mi101, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ3
£285K05/232.9 mi93, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ3
£290K02/232.92 mi108, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ3
£196K12/202.95 mi11, Longworth Road, Hereford, Herefordshire HR1 1SP3
£262K03/232.95 mi12, Longworth Road, Hereford, Herefordshire HR1 1SP3
£295K01/232.95 mi15, Wellington Place, Hereford, Herefordshire HR1 1SN3
£279.9K03/212.96 mi360, Ledbury Road, Hereford, Hereford And Worcester HR1 1QW3
£287.5K12/202.96 mi11, Elgar Avenue, Hereford, Herefordshire HR1 1TY3
£237.5K03/212.97 mi15, St Paul Road, Hereford, Herefordshire HR1 1SR3
£245K01/212.97 mi22, Perrystone Lane, Hereford, Herefordshire HR1 1QZ3
£285K04/232.97 mi26, Perrystone Lane, Hereford, Herefordshire HR1 1QZ3

Local Rents

1 rents from £1.5K/mo to £1.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50003/242.28 miHolme Lacy, Hereford3

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

7.34 miles away

Nearest school

0.10 miles away

Nearest train station

3.98 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 £220,000

April 1, 2025

Listed for £225,000

October 17, 2024

Floor Plans

Description

  • •Sought after village location +
  • •End terrace cottage +
  • •Three bedrooms +
  • •No onward chain +
  • •Private rear garden +
  • •Two reception rooms +

Welcome to this charming end terrace cottage located in the sought-after village of Mordiford, Hereford. This delightful property boasts two reception rooms, perfect for entertaining guests or simply relaxing with your loved ones. With three cosy bedrooms, there is ample space for a growing family or for those who enjoy having a home office or guest room. The private rear garden is a hidden gem, offering a tranquil outdoor space where you can unwind after a long day or enjoy a morning coffee in the fresh air. Imagine hosting summer barbecues or creating your own little oasis right at home. Located in a picturesque village, this property provides a peaceful retreat from the hustle and bustle of city life. With no onward chain, you can make this house your home without any delays or complications.

Situation - This beautiful house occupies a prominent position adjacent to Mordiford church. The village itself lies to the south and east of the Cathedral City of Hereford (approximately 4 miles) and has a very highly regarded primary school, plus the Moon public house. Further amenities are available at the nearby village of Fownhope (2 miles) and of course at Hereford itself which offers an extensive range of shopping and leisure facilities, as well as road and rail links to other parts of the country and, of course, the Cathedral itself, which hosts the world renowned Three Choirs Festival.

Accommodation - The accommodation comprises:

Entrance/Dining Room - A versatile room with access to all principal ground floor floors, an open fireplace, window to the front and stairs rising to the first floor.

Living Room - Window to the front, an open fireplace and space for large furniture.

Kitchen/Breakfast Room - With matching wall and base units, window to the front aspect, sink drainer unit, space for free standing oven, original bread oven set in the corner of the room and space for breakfast table and chairs.

Bathroom - Toward the rear of the property and fitted with a three piece suit to include, bath with shower over, WC and wash hand basin. A useful storage cupboard housing the boiler can also be located here.

Utility Area - Providing access to the rear garden and can be used in various ways.

First Floor -

Landing - With storage cupboard above the stairs and provides access to all bedrooms.

Bedroom One - Double bedroom with original fireplace in the centre of the room, window to the front aspect.

Bedroom Two - Another double bedroom with window to the front aspect.

Bedroom Three - A small double bedroom with window to the front aspect

Outside - Steps rise to the patio area where you can enjoy entertaining guest, beyond here the remaining rear garden is laid to lawn enclosed by brick wall and fencing. Access to the rear can be found to the side of the property, the front garden is laid to lawn and additionally there’s an area for raised beds. On street parking can be found a short distance from the property.

Services - All mains services are connected to the property.

Herefordshire council tax band – D

Tenure - Freehold.

Directions - Leave Hereford heading East on Hampton Park Road B4224. Go over the river bridge and into Mordiford, and the property can be found shortly after on the left hand side.

Agent Details

Sunderlands, Hereford

01432 805992

Next Steps?

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