3 Bed Terraced House, Single Let, Hereford, HR2 6AS, £220,000

Birch Grove, Hereford, HR2 6AS - 5 months ago

BTL
ROI: 1%
~69 m²
+9 photos

ValuationOvervalued

Sold Prices£145K - £315K
Sold Prices/m²£1.8K/m² - £3.3K/m²

 

 

Square Metres

~69.10 m²
Price/m²£3.2K/m²

Value Estimate

£161,850

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£875 - £1,350

Rent Estimate

£963

Running Costs/mo

£900

Cashflow/mo

£63

Cashflow/yr

£755

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £315K, average is £212K. £1.8K/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£186K02/210.07 mi18, Hoarwithy Road, Hereford, Herefordshire HR2 6HA3
£160K05/210.1 mi32, Chestnut Drive, Hereford, Herefordshire HR2 6AY3
£215K04/210.12 mi12, Walton Close, Hereford, Hereford And Worcester HR2 6BJ3
£207.5K01/210.12 mi7, Walton Close, Hereford, Hereford And Worcester HR2 6BJ3
£220K07/210.12 mi4, Willow Grove, Hereford, Herefordshire HR2 6BB3
£245K07/230.12 mi11, Dinedor Avenue, Hereford, Herefordshire HR2 6DW3
£210K07/230.12 mi54, Holme Lacy Road, Hereford, Herefordshire HR2 6DA3
£152K10/200.14 mi11, Hawthorn Grove, Hereford, Herefordshire HR2 6AU3
£150K01/210.14 mi22, Hawthorn Grove, Hereford, Herefordshire HR2 6AU3
£257K12/220.15 mi20, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£217K04/210.16 mi7, Lime Grove, Hereford, Hereford And Worcester HR2 6AL3
£190K02/210.16 mi28, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£212K06/210.16 mi6, Granary Grove, Hereford, Herefordshire HR2 6RZ3
£315K01/230.16 mi103, Holme Lacy Road, Hereford, Herefordshire HR2 6DF3
£204.9K06/210.16 mi21, Broad Leys Crescent, Hereford, Herefordshire HR2 7RT3
£190K04/210.19 mi4, Web Tree Avenue, Hereford, Herefordshire HR2 6HG3
£204K12/200.2 mi142, Hinton Road, Hereford, Herefordshire HR2 6BW3
£183K10/210.2 mi27, Oak Avenue, Hereford, Herefordshire HR2 6AH3
£279.9K06/210.21 mi179, Ross Road, Hereford, Herefordshire HR2 7RP3
£245K04/230.21 mi2, Stable Drive, Hereford, Herefordshire HR2 6SH3
£243K02/230.22 mi98, Hinton Road, Hereford, Herefordshire HR2 6BN3
£215K03/210.22 mi17, Garrick Avenue, Hereford, Herefordshire HR2 7RU3
£215K04/230.23 mi109, Hinton Road, Hereford, Herefordshire HR2 6BN3
£174K02/210.23 mi116, Hinton Road, Hereford, Hereford And Worcester HR2 6BN3
£160K12/200.23 mi112, Hinton Road, Hereford, Herefordshire HR2 6BN3
£240K07/210.23 mi112, Hinton Road, Hereford, Herefordshire HR2 6BN3
£211K03/210.23 mi109, Hinton Road, Hereford, Herefordshire HR2 6BN3
£218K10/200.25 mi5, Kemble Close, Hereford, Herefordshire HR2 7SB3
£218K02/210.25 mi13, Peregrine Close, Hereford, Herefordshire HR2 6BS3
£212K12/200.25 mi16, Peregrine Close, Hereford, Herefordshire HR2 6BS3
£263K01/230.25 mi195, Ross Road, Hereford, Herefordshire HR2 7RR3
£195K07/210.26 mi1, Acacia Close, Hereford, Herefordshire HR2 6BP3
£145K01/210.28 mi29, Hinton Crescent, Hereford, Herefordshire HR2 6AD3
£178K04/210.28 mi35, Hinton Crescent, Hereford, Herefordshire HR2 6AD3
£255K06/210.28 mi43, Manor Road, Hereford, Hereford And Worcester HR2 6HN3
£198.5K12/200.28 mi1, Manor Road, Hereford, Herefordshire HR2 6HN3
£220K10/210.29 mi127, Holme Lacy Road, Hereford, Herefordshire HR2 6DG3
£220K06/210.29 mi41, Poppy Walk, Hereford, Herefordshire HR2 6SP3
£220K03/210.29 mi1, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£262.5K12/220.29 mi5, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£235K04/210.29 mi8, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£215K11/200.29 mi102, Ross Road, Hereford, Herefordshire HR2 7RW3
£230K02/230.29 mi9, Hollybush Walk, Hereford, Herefordshire HR2 6AF3
£185K06/230.3 mi22, Ridgeway Avenue, Hereford, Herefordshire HR2 6HW3
£177.5K02/230.3 mi39, Ridgeway Avenue, Hereford, Herefordshire HR2 6HW3
£256K02/230.31 mi41, Hillside Avenue, Hereford, Herefordshire HR2 7LG3
£188.5K11/210.32 mi13, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£183K02/210.32 mi4, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£170K12/200.32 mi12, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£175K11/210.35 mi5, Cobhall Close, Hereford, Herefordshire HR2 7LL3

Local Rents

14 rents from £875/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15004/240.12 miWalton Close, HEREFORD3
£1,15012/240.32 miThe Hawthorns, Hereford3
£99504/240.55 miEscley Drive, HEREFORD3
£1,05012/240.68 miNew Kilvert Road, HEREFORD3
£99512/240.72 mi-3
£87504/240.75 miBridge Street, HEREFORD3
£1,20012/240.75 miSt. Owen Street, Hereford3
£95012/240.88 mi-3
£97509/240.88 mi-3
£97509/240.88 mi-3
£1,10012/240.95 mi-3
£1,30012/241 mi-3
£1,30012/241 mi-3
£1,35012/241 mi-3

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

4.88 miles away

Nearest school

0.30 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £220,000

December 26, 2024

Listed for £225,000

October 30, 2024

Floor Plans

Description

  • End Terraced family home +
  • 3 Bedrooms with large Master Bedroom +
  • Large driveway +
  • Newly redecorated +
  • Double-glazed windows +
  • Expansive garden space +

End-terraced family home I Large Driveway I 3 Bedrooms I Spacious Reception Room | Generous Master Bedroom I Large double-glazed windows I Isolated Garden Space I Newly Redecorated

Situated in a well established residential position just 1 mile from Hereford city centre, the property lies close to local amenities to include large supermarket, public houses and King George playing fields. Hereford city itself offers an excellent range of recreational, shopping and leisure facilities to include cinema and independent restaurants.

The property, located in a good central location, boasts large off-road parking with side access to the garden. The character front door opens into a newly refreshed entrance hallway, with stairs directly opposite, space for coats/shoes and living space on the right hand side.

The large living/dining space features large double-glazed windows. With amenities of built in cupboard storage, access to under stair storage, and useful alcove space. The room has been recently redecorated with modern colours.

The kitchen offers a generous amount of worktop space with a 4 ring gas hob, electric oven, and good views out into the garden, with a tucked away, convenient pantry.

A small hallway allows for access to the downstairs bathroom on the right and garden. This bathroom has been kept up to date with electric shower, bath, toilet, fresh tiling, and a new vanity unit with matching vanity mirror and storage space.

The garden has a social patio space for outside dining/entertaining as well as a generously sized lawn. The left and rear boundaries have well kept hedges, while the right of the property features a well-maintained fence. Please note the neighbouring property has pedestrian right of way.

Moving upstairs, there is loft access from the landing as well as three good size bedrooms. The master bedroom on the right, is an excellent size with two large windows, space for wardrobes, and room for a large double bed. There is also access to a cupboard for extra storage space.

The second room overlooks the garden, with built in wardrobe space, while the third bedroom is being used as an office space, but could also function as a good sized single bedroom.

Agent Details

Jackson Property, Hereford

01432 808823

Next Steps?

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