2 Bed Flat, Single Let, Hereford, HR4 0EF, £159,950

5, Pomona Court, Pomona Place, Hereford HR4 0EF - 1 views - 5 months ago

Leasehold

BTL

ROI: 3%

58 m²

+6 photos

ValuationOvervalued

Sold Prices	£90K - £360K
Sold Prices/m²	£1.6K/m² - £3.3K/m²

Square Metres	58.33 m²
Price/m²	£2.7K/m²
Value Estimate	£132,285£132,285

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£39,988£39,988
Stamp Duty & Legal Fees	£5,999£5,999
Total Cash In	£45,986£45,986

Cash Out
Rent Range	£795 - £1,100£795 - £1,100
Rent Estimate	£798
Running Costs/mo	£679£679
Cashflow/mo	£119£119
Cashflow/yr	£1,423£1,423
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

21 sold prices from £90K to £360K, average is £145K. £1.6K/m² to £3.3K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£136.7K	11/21	0.01 mi	8, Pomona Place, Hereford, Herefordshire HR4 0EF	-	-	2	Flat
£130K	04/21	0.13 mi	49, Kernal Road, Hereford, Herefordshire HR4 0PR	£2,500	52	2	Flat
£145K	02/21	0.13 mi	47, Kernal Road, Hereford, Herefordshire HR4 0PR	£2,636	55	2	Flat
£145K	08/21	0.18 mi	Flat 2, Red Lion Court, Victoria Street, Hereford, Hereford And Worcester HR4 0BZ	-	-	2	Flat
£329K	06/23	0.22 mi	Flat 8, Barton West, Barton Road, Hereford, Herefordshire HR4 0AU	-	-	2	Flat
£360K	12/22	0.3 mi	Flat 11, Barton West, Barton Road, Hereford, Herefordshire HR4 0AU	-	-	2	Flat
£95K	03/21	0.54 mi	Flat 22, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP	-	-	2	Flat
£92K	06/23	0.54 mi	Flat 5, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP	£1,586	58	2	Flat
£105K	11/22	0.54 mi	Flat 21, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP	-	-	2	Flat
£190K	06/21	0.58 mi	14a, St Ethelbert Street, Hereford, Herefordshire HR1 2NR	£2,405	79	2	Flat
£148.5K	11/20	0.61 mi	Flat 14, The Embankment, Gaol Street, Hereford, Herefordshire HR1 2AF	-	-	2	Flat
£240K	07/21	0.73 mi	Flat, 15, Wye Way, Hereford, Herefordshire HR1 2NP	-	-	2	Flat
£190K	05/23	0.76 mi	1, Nightingale Way, Hereford, Herefordshire HR1 2NQ	£2,627	72	2	Flat
£154.5K	06/23	0.76 mi	38, Huskinson Drive, Hereford, Herefordshire HR1 1DB	£3,287	47	2	Flat
£120K	03/22	0.77 mi	2, Pembridge Close, Hereford, Herefordshire HR2 7AD	£2,034	59	2	Flat
£175K	09/22	0.85 mi	11, Hampton Street, Hereford, Herefordshire HR1 2RA	£2,692	65	2	Flat
£90K	05/21	0.86 mi	74, Golden Post, Hereford, Hereford And Worcester HR2 7BZ	£2,131	42	2	Flat
£196K	06/21	0.87 mi	10, Harold Street, Hereford, Herefordshire HR1 2QU	-	-	2	Flat
£112K	02/23	0.87 mi	54, Sheridan Road, Hereford, Herefordshire HR4 0NQ	£1,697	66	2	Flat
£134K	03/22	0.87 mi	7, Wyelands Close, Hereford, Herefordshire HR2 6DH	£2,030	66	2	Flat
£136.5K	06/21	0.87 mi	3, Wyelands Close, Hereford, Herefordshire HR2 6DH	£1,923	71	2	Flat

Local Rents

11 rents from £795/mo to £1.1K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£840	03/24	0.07 mi	-	2	Flat
£850	02/25	0.17 mi	-	2	Terraced House
£795	04/24	0.23 mi	Bewell Street, Hereford, HR4	2	Flat
£830	04/24	0.28 mi	Balfour Close, Hereford, HR4	2	Terraced House
£800	11/23	0.3 mi	-	2	Terraced House
£895	05/24	0.31 mi	Cornewall Steet, Whitecross, Hereford, HR4	2	Terraced House
£980	03/25	0.41 mi	-	2	Flat
£1,100	12/24	0.45 mi	-	2	Flat
£1,100	02/25	0.45 mi	-	2	Flat
£850	02/25	0.51 mi	Gruniesen St, Whitecross, Hereford, HR4	2	Flat
£825	12/24	0.6 mi	Belmont Road, Belmont, Hereford, HR2	2	Flat

Local Area Statistics

Population in HR4	29,98829,988
Population in Hereford	101,068101,068
Town centre distance	3.90 miles away3.90 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.80 miles away0.80 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+32%+32%

Property History

Listed for £159,950

November 22, 2024

Floor Plans

Description

2 bedroom, 2 bathroom flat +
Immaculately presented throughout +
Allocated parking +
Walking distance to the city centre +

Situated a short walk from Hereford city centre an immaculately presented two bedroomed first floor flat offering ideal first time buyer/investment accommodation. The property has two bedrooms, open plan living space, two bathrooms, allocated parking, electric heating and we highly recommend an internal inspection.

Agent Details

Flint & Cook, Hereford

01432 802254

Next Steps?

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

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2 Bed Flat, Single Let, Hereford, HR4 0EF, £159,950

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents