2 Bed Terraced House, Single Let, Hereford, HR2 6HY, £180,000

1 Mayne Avenue, Hereford, HR2 6HY - 6 months ago

Sold STC
BTL
ROI: 2%
87 m²
+12 photos

ValuationUndervalued

Sold Prices£119K - £283K
Sold Prices/m²£1.6K/m² - £5.8K/m²

 

 

Square Metres

87 m²
Price/m²£2.1K/m²

Value Estimate

£225,000
BMV25%

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

£800 - £1,100

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 £119K to £283K, average is £168.3K. £1.6K/m² to £5.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£138K10/200 mi27, Mayne Avenue, Hereford, Herefordshire HR2 6HY2
£130K01/210 mi14, Mayne Avenue, Hereford, Herefordshire HR2 6HY2
£156K12/200 mi11, Mayne Avenue, Hereford, Herefordshire HR2 6HY2
£167.5K12/220 mi40, Mayne Avenue, Hereford, Herefordshire HR2 6HY2
£164.5K01/230.06 mi35, Franks Avenue, Hereford, Herefordshire HR2 6HZ2
£195K12/200.07 mi189, Holme Lacy Road, Hereford, Herefordshire HR2 6ED2
£218K05/230.08 mi6, Claremont Court, Hereford, Herefordshire HR2 6FF2
£190K05/210.1 mi67, St Clares Court, Lower Bullingham, Hereford, Hereford And Worcester HR2 6PY2
£150K06/210.14 mi71, The Pastures, Lower Bullingham, Hereford, Herefordshire HR2 6EU2
£166K05/210.14 mi75, The Pastures, Lower Bullingham, Hereford, Herefordshire HR2 6EU2
£160K10/200.23 mi30, Hever Road, Lower Bullingham, Hereford, Herefordshire HR2 6EW2
£150K09/210.23 mi47, Hever Road, Lower Bullingham, Hereford, Herefordshire HR2 6EW2
£160K03/210.24 mi21, Warwick Road, Lower Bullingham, Hereford, Herefordshire HR2 6FB2
£119K04/210.31 mi18, Poppy Walk, Hereford, Herefordshire HR2 6SP2
£120K12/200.33 mi4, St Charles Court, Lower Bullingham, Hereford, Herefordshire HR2 6EJ2
£145K06/210.33 mi5, Mayflower Drive, Hereford, Herefordshire HR2 6SN2
£174K11/210.34 mi7, Bute Avenue, Hereford, Herefordshire HR2 6BU2
£130K04/210.36 mi45, Staddlestone Circle, Hereford, Herefordshire HR2 6SB2
£136K09/210.38 mi14, Meadow Way, Hereford, Herefordshire HR2 6SG2
£155K08/210.44 mi15, Westbury Close, Hereford, Herefordshire HR2 6RE2
£160K02/210.45 mi3, Smithy Court, Hereford, Herefordshire HR2 6RS2
£186K05/210.45 mi10, Smithy Court, Hereford, Herefordshire HR2 6RS2
£129.5K04/210.45 mi2, Smithy Court, Hereford, Herefordshire HR2 6RS2
£160K05/210.46 mi5, Peacocks Field Walk, Hereford, Herefordshire HR2 6SA2
£206K11/220.46 mi22, Waggoners Way, Hereford, Herefordshire HR2 6RJ2
£193K07/230.46 mi25, Thomas Close, Hereford, Herefordshire HR2 6RF2
£162K04/230.48 mi23, Rotherwas Close, Hereford, Herefordshire HR2 6RG2
£143.5K06/230.5 mi4, Hopbine Grove, Hereford, Herefordshire HR2 6RW2
£155.2K07/230.5 mi3, Hopbine Grove, Hereford, Herefordshire HR2 6RW2
£167.5K06/210.62 mi3, Laburnum Grove, Hereford, Herefordshire HR2 6AG2
£283K05/230.67 mi6, Park Street, Hereford, Herefordshire HR1 2RB2
£175.5K08/210.7 mi65, Green Street, Hereford, Herefordshire HR1 2QW2
£195K11/200.7 mi25, Park Street, Hereford, Herefordshire HR1 2RD2
£157K02/210.7 mi19, Park Street, Hereford, Herefordshire HR1 2RD2
£193K12/200.7 mi67, Park Street, Hereford, Herefordshire HR1 2RD2
£265K03/210.7 mi39, Park Street, Hereford, Herefordshire HR1 2RD2
£245K06/210.7 mi54, Park Street, Hereford, Herefordshire HR1 2RD2
£195K04/210.7 mi10, Pentwyn Avenue, Hereford, Herefordshire HR2 7LB2
£195K12/220.71 mi6a, Walnut Tree Avenue, Hereford, Herefordshire HR2 7JT2
£210K12/200.71 mi19, Hampton Street, Hereford, Hereford And Worcester HR1 2RA2
£185K10/220.74 mi105, Park Street, Hereford, Herefordshire HR1 2RE2
£143K02/210.75 mi76, Mayberry Avenue, Hereford, Herefordshire HR2 7QT2
£247.5K01/210.75 mi121, Park Street, Hereford, Herefordshire HR1 2RE2
£179.9K06/210.8 mi23, Priors Walk, Hereford, Herefordshire HR2 7JY2
£169K03/210.8 mi6, Fallowfield Close, Hereford, Hereford And Worcester HR2 7NZ2
£189.9K08/210.8 mi27, Fallowfield Close, Hereford, Herefordshire HR2 7NZ2
£205K01/230.82 mi79, Eign Road, Hereford, Herefordshire HR1 2RU2
£249.9K11/210.82 mi1a, Scots Close, Hereford, Herefordshire HR1 2RT2
£208K11/220.83 mi44, Green Street, Hereford, Herefordshire HR1 2QH2
£215K09/210.83 mi5, Bardolph Close, Hereford, Herefordshire HR2 7QA2

Local Rents

10 rents from £800/mo to £1.1K/mo, average is £890/mo.

RentDateDistanceAddressBeds 
£82012/240.14 miThe Pastures, Hereford, HR22
£88512/240.46 miCider Press Drive, Hereford, HR22
£1,05012/240.47 miHawthorn Grove, Hereford, Herefordshire, HR2 6AU2
£82504/240.5 mi-2
£89503/250.74 mi-2
£82512/240.84 miBelmont Road, Belmont, Hereford, HR22
£80012/241.06 miAngela Close, Hereford, HR12
£1,10012/241.19 mi-2
£1,10002/251.19 mi-2
£98003/251.21 mi-2

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

5.18 miles away

Nearest school

0.70 miles away

Nearest train station

1.48 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

December 26, 2024

Listed for £185,000

October 19, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Well Presented Throughout +
  • Underfloor Heating & Solar Panels Owned Outright +
  • Two Double Bedrooms +
  • End Terrace +

SUMMARY
Peacefully situated on the southern outskirts of the this lovely end terrace home is being sold with NO ONWARD CHAIN. A perfect home for first time buyers who are looking to get onto the property ladder and customers looking to downsize. Call now to book an early viewing to avoid disappointment.

DESCRIPTION
This wonderful two-bedroom end terrace home is peacefully situated on the southern outskirts of the City. The home has been finished to a high standard throughout and has added features of underfloor heating and owned outright solar panels. Being sold with NO ONWARD CHAIN this is the perfect home for first time buyers who are looking to get onto the property ladder. Briefly comprising: Entrance hall, kitchen, lounge, dining room, first floor landing, two bedrooms, bathroom and good size garden to the rear.

Appraoch 
A slab pathway leading to the front door with a lawn area to the side. Door to front gives access to:

Entrance Hall 
Double glazed door to front, stairs leading to the first-floor landing, storage cupboard with a mirrored sliding door with a further door leading to:

Kitchen 9' 9" x 8' 7" ( 2.97m x 2.62m )
A fitted kitchen with wooden wall and base units and roll top work surfaces over, one bowl sink and drainer with splashback tiling to walls, integrated electric oven and induction hob with cooker hood over, plumbing for washing machine and dishwasher, space for upright fridge freezer, spotlights to ceiling, under floor heating double glazed window to front elevation and opening to lounge.

Lounge 13' 3" max x 10' 4" ( 4.04m max x 3.15m )
Double glazed window to rear elevation, under floor heating, radiator, spotlights to ceiling and door to the inner hallway and dining room.

Dining Room 10' 6" x 7' 2" ( 3.20m x 2.18m )
Double glazed window to rear elevation, under floor heating and spotlights.

Inner Hallway 
Double glazed door to rear giving access to the rear garden, space for tumble dryer, spotlights to ceiling, storage cupboard and access to the lounge.

Landing 
Double glazed window to front elevation, loft access with drop down ladder, storage cupboard housing the central heating boiler and doors leading to the following:

Bedroom One 10' 10" into wardrobe x 10' 7" ( 3.30m into wardrobe x 3.23m )
Double glazed window to rear elevation, built in double wardrobe with sliding doors, electric heating panels, central heating radiator and spotlights to ceiling.

Bedroom Two 13' 4" x 8' 8" ( 4.06m x 2.64m )
Double glazed window to rear elevation, built in double wardrobe withs sliding doors, heating panels, spotlights to ceiling and central heating radiator.

Bathroom 
A white suit briefly comprising: bath with mixer taps and shower head over, wash hand basin vanity unit, low level W.C, part tiling to walls, spot lights to ceiling, ladder style wall mounted radiator and double glazed obscure window to front elevation.

Rear Garden 
A slab pathed area which is under shelter perfect for entertaining guests with a step leading to the lawn area with fencing to the boarders.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Hereford

01432 802236

Next Steps?

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