2 Bed Terraced House, Single Let, Ledbury, HR8 1BZ, £265,000

The Homend, Ledbury, HR8 1BZ - 6 months ago

Sold STC
BTL
~93 m²
+21 photos

ValuationUndervalued

Sold Prices£82.5K - £325K
Sold Prices/m²£2.3K/m² - £4.8K/m²

 

 

Square Metres

~92.72 m²
Price/m²£2.9K/m²

Value Estimate

£316,425
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£17,700

Total Cash In

£83,950

 

 

Cash Out

 

Rent Range

£695 - £1,900

Rent Estimate

£734

Running Costs/mo

£995

Cashflow/mo

£-261

Cashflow/yr

£-3,131

Gross Yield

3%

Local Sold Prices

50 sold prices from £82.5K to £325K, average is £206.5K. £2.3K/m² to £4.8K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£171K10/200.04 mi229, The Homend, Ledbury, Herefordshire HR8 1BS2
£300K08/210.09 miHorseshoe Cottage, 39, The Homend, Ledbury, Herefordshire HR8 1BP2
£185K10/220.17 mi69, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£168K10/200.17 mi75, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£168K10/200.17 mi75, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£181K03/210.17 mi92, Robinsons Meadow, Ledbury, Worcestershire HR8 1SX2
£170K03/210.17 mi72, Robinsons Meadow, Ledbury, Worcestershire HR8 1SX2
£185K06/210.17 mi67, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£210K04/230.17 mi72, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£210K07/230.17 mi63, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£256K06/210.22 mi8, Upperhall Close, Ledbury, Herefordshire HR8 1SZ2
£230K03/210.22 mi3, Upperhall Close, Ledbury, Herefordshire HR8 1SZ2
£207K12/200.24 miThe Cottage, Church Street, Ledbury, Worcestershire HR8 1DH2
£235K02/230.26 mi12, Queensway, Ledbury, Herefordshire HR8 2AY2
£220K06/210.26 mi5, Audley Croft, Ledbury, Herefordshire HR8 1BD2
£235.5K04/230.28 mi15, Browning Road, Ledbury, Herefordshire HR8 2GA2
£225K03/230.28 mi21, Browning Road, Ledbury, Herefordshire HR8 2GA2
£200K09/220.29 mi31, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£215K01/230.29 mi12, Northmead, Ledbury, Herefordshire HR8 1BE2
£159K12/200.3 mi62, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£82.5K06/210.3 mi66, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£175K11/210.3 mi47, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£178K04/210.3 mi54, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£215K07/220.3 mi28, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£185K06/220.3 mi64, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£192K11/220.3 mi41, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£225K11/220.33 mi3, Callow End, Ledbury, Herefordshire HR8 1BG2
£280K04/210.34 mi3, Kingsmead, Ledbury, Herefordshire HR8 2LS2
£160K06/210.34 mi2, Queens Court, Ledbury, Herefordshire HR8 2AL2
£137K04/210.34 mi41, Queens Court, Ledbury, Herefordshire HR8 2AL2
£160K06/220.34 mi48, Queens Court, Ledbury, Herefordshire HR8 2AL2
£160K01/210.35 mi104, Bridge Street, Ledbury, Herefordshire HR8 2AN2
£208K06/230.39 mi8, Challenger Close, Ledbury, Herefordshire HR8 2PW2
£178K07/210.39 mi9, Challenger Close, Ledbury, Herefordshire HR8 2PW2
£325K02/230.4 mi26, The Southend, Ledbury, Herefordshire HR8 2EY2
£202.5K11/200.43 mi4, Viking Way, Ledbury, Worcestershire HR8 2DU2
£215K12/220.43 mi42, Bronte Drive, Ledbury, Herefordshire HR8 2FZ2
£205K08/230.48 mi17, Gibson Road, Ledbury, Herefordshire HR8 2US2
£189.9K02/210.48 mi24, Gibson Road, Ledbury, Worcestershire HR8 2US2
£180K02/210.48 mi8, Gibson Road, Ledbury, Worcestershire HR8 2US2
£220K05/220.48 mi14, Gibson Road, Ledbury, Herefordshire HR8 2US2
£215K09/220.48 mi3, Gibson Road, Ledbury, Herefordshire HR8 2US2
£185K03/210.49 mi40, Prince Rupert Road, Ledbury, Herefordshire HR8 2FA2
£210K11/210.5 mi10, Lady Somerset Drive, Ledbury, Herefordshire HR8 2FF2
£236K12/220.59 mi18, Bray Avenue, Ledbury, Herefordshire HR8 2HH2
£220K01/210.62 mi61, Churchill Meadows, Ledbury, Herefordshire HR8 2DQ2
£215K06/210.63 mi70, Oakland Drive, Ledbury, Herefordshire HR8 2EX2
£220K09/210.63 mi72, Oakland Drive, Ledbury, Worcestershire HR8 2EX2
£228K10/220.63 mi66, Oakland Drive, Ledbury, Herefordshire HR8 2EX2
£206K06/210.63 mi85, Oakland Drive, Ledbury, Herefordshire HR8 2EX2

Local Rents

22 rents from £695/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10010/240.08 mi-2
£69512/240.11 miThe Homend, Ledbury, Ledbury1
£82512/240.11 miThe Homend, Ledbury, Ledbury2
£1,90012/240.21 miNewbury Park, Ledbury, Herefordshire, HR84
£1,44505/240.26 mi-4
£1,44512/240.26 miThe Mews, Ledbury, HR84
£1,39505/240.26 mi-4
£1,39512/240.26 mi-4
£74012/240.37 mi-2
£1,10001/250.44 mi-3
£1,07512/240.45 mi-2
£95012/240.61 miFoxdene, Albert Road, Ledbury, Herefordshire, HR83
£95012/240.69 mi-3
£95010/240.71 mi-3
£85004/240.71 miRusset Close, Ledbury, Herefordshire, HR83
£90002/250.91 mi-3
£1,25012/240.96 mi-4
£1,10012/240.99 mi-3
£1,10007/240.99 mi-3
£1,25012/241.02 miKipling Road, Ledbury, Herefordshire, HR83
£1,50003/241.12 miThe Granary, Hazel Farm, Ledbury HR8 2HT3
£1,18008/232.13 miPriors Court, Staplow, Hollow Lane, Ledbury, Herefordshire, HR83

Local Area Statistics

Population in HR8

14,179

Town centre distance

0.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+42%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Listed for £265,000

October 26, 2024

Floor Plans

Description

A Grade II Listed Two Bedroom Terraced House Situated within a Prime Central Location in Ledbury, a Short Walk from the High Street. No Onward Chain **Entrance Hall - Sitting Room - Kitchen - Two Bedrooms - Bathroom - Storage Rooms - Private Enclosed Garden - Allocated Parking ** Believed to have been built around the late 18th Century, St Katherine’s Terrace is an attractive Georgian terrace just north of Ledbury High Street on the corner of Belle Orchard and The Homend. The location offers the conveniences of the town centre, Tesco supermarket and good proximity to the train station, whilst being quieter than the bustling High Street.  Constructed of solid brick walls under a slate tiled roof, the property has attractive architectural features, including sash windows, dentil eaves brickwork, a false panelled door at the front, and lovely period proportions. The accommodation is arranged over three floors, with the ground floor comprising an entrance hall, sitting room and kitchen. On the first floor, there is a well-proportioned bedroom, that could be used as an extra reception room, a bathroom, two storage rooms, and a landing. On the second floor, there is a further well-proportioned bedroom and access to a large attic space. At the rear of the property, there is a small enclosed garden and beyond that a small carpark where there is allocated parking.  Ledbury is a popular historic market town in the east of Herefordshire. It has an attractive historic centre, a growing, bustling community and a wide range of independent shops, as well as a mainline train station with routes to Birmingham, London and South Wales. Just over 4 miles south of the town is the M50 motorway, providing a fast link to the M5 and South Wales. The cathedral cities of Hereford, Worcester and Gloucester offer a wider range of amenities, leisure facilities and shopping, and are roughly equidistant at approximately 17 miles. Birmingham, Bristol and Cardiff are all within 60 miles.

The Property  The property is approached via Belle Orchard at the back of the property. A path leads along the back of the terrace to the gardens. An arched timber gate opens into an enclosed garden where there is a path and steps leading up to a part-glazed timber door. The door opens into a wide entrance hall with wood laminate flooring, ceiling light, radiator and telephone point. There are thickset panelled doors to the kitchen and sitting room, which feature throughout the property. The kitchen is on the left, stairs to the first floor beyond, and directly opposite, the sitting room.  The kitchen is at the rear of the property; it is well appointed with fitted shaker-style wall and base-mounted cupboards and drawers with laminate worktops and mosaic-style tiled splashbacks. There is a ceramic sink and drainer with a mixer tap, below a window with views down Belle Orchard and beyond to the distant hills. Integrated appliances include a Neff dishwasher, counter fridge and counter freezer. There is an extractor hood and space below for an electric oven, and a space plumbing and electrics for a washing machine. There are brushed stainless steel power sockets and light switches, a ceiling light, downlights and linoleum flooring.  The sitting room is accessed via a step up from the entrance hall. It is a beautifully proportioned room with a central fireplace with hearth and an inset Aga wood burning stove. There is a large sash window with secondary glazing providing an abundance of natural light. It has oak parquet flooring, wall lights, a radiator, and fitted cupboards in the alcoves where a television can be discreetly kept. There is an exposed central beam and coving.  Carpeted stairs with handrails rise to a good size landing where there are doors to a bedroom, bathroom and two storage rooms, one of which houses a Worcester combi boiler. The bedroom is accessed via a step up into it. There is oak flooring, a large sash window, a ceiling light and an exposed ceiling beam. There is a central electric fire. It is a well-proportioned room which would work well as a second reception room or home office if required.  The bathroom is at the rear of the house and has a panelled bath with a mains-fed shower above, a glass shower screen and a tiled shower area. Opposite, there is a vanity unit with a back-to-wall WC, vanity basin with a mixer tap, and several storage cupboards and shelves. There is a part-obscured window with a lovely outlook, parquet-effect linoleum flooring, a radiator, and a ceiling light.  There are two large storage cupboards on either side of the bathroom. The one on the left has fitted shelving, a ceiling light and linoleum flooring. The one on the right has slat shelving, a light, and at the back a wall-mounted Worcester combi boiler.  Carpeted stairs rise to the top bedroom. The top bedroom mirrors the room below with generous proportions but with a slightly smaller sash window with secondary glazing. There is a fitted W/R with a curtain on the right of the chimney breast. It has carpeted floors, a pendant light, radiator. Opposite the bedroom there is a hatch door into a large part-boarded loft space, providing ample storage. 

Outside The garden is at the rear of the property. It faces West and has a brick wall at the front and 6ft timber fencing at the sides, providing privacy and enclosed outdoor space. There is a new arched timber gate with paving leading to steps that go up to the entrance door. There is a gravelled sitting area abutting the house, herb beds and a patio area adjacent to the brick wall where there is a timber bin store and a small storage shed. Behind the property there is a path running along the back of the terrace. Beyond that there is a private carpark where there is an allocated parking space. 

**Practicalities ** Herefordshire Council Tax Band 'C'
Mains Gas, Electricity, Water & Drainage
Gas-fired Central Heating
Wood Burning Stove
Partial Secondary Glazing
Ultrafast Broadband Available
Freehold

Directions - HR8 1BZ From Ledbury town centre with the market house on stilts on your right, head north along the High Street which becomes The Homend. Just after the old cottage hospital turn left into Belle Orchard. A path on the right leads to the back of the property.

Agent Details

Glasshouse Estates and Properties LLP, Hereford

01432 805194

Next Steps?

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