2 Bed Semi-Detached House, Refurb/BRRR, Ross-on-Wye, HR9 6AF, £190,000

Bridstow, Ross-on-Wye, HR9 6AF - 3 months ago

Refurb/BRRR
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£155K - £375K
Sold Prices/m²£2.3K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£204,000
BMV2%

 

 

End Value (After Refurb)

£207,170

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£27,600

Bridging Loan Interest

£4,988

Total Cash In

£89,038

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£207,170

Mortgage (After Refinance)

£155,377

Mortgage LTV

75%

Cash Released

£12,877

Cash Left In

£76,160

Equity

£51,792

Rent Range

£421 - £1,250

Rent Estimate

£805

Running Costs/mo

£828

Cashflow/mo

£-23

Cashflow/yr

£-281

Gross Yield

5%

Local Sold Prices

22 sold prices from £155K to £375K, average is £217.5K. £2.3K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£155K02/240.51 mi39, The Claytons, Bridstow, Ross-on-wye, Herefordshire HR9 6QD2
£285K08/240.64 mi1, White Cross Cottages, Bridstow, Ross-on-wye, Herefordshire HR9 6JU2
£265K05/240.86 mi9, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UN2
£218K07/240.88 miSandygate, Sixth Avenue, Greytree, Ross-on-wye, Herefordshire HR9 7HL2
£260K04/240.9 mi20, Watling Street, Ross-on-wye, Herefordshire HR9 5UF2
£315K08/240.93 mi5, Danum Road, Ross-on-wye, Herefordshire HR9 5UG2
£168.5K07/240.95 mi21, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ2
£157K03/240.95 mi18, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ2
£205K08/230.95 mi39, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ2
£190K10/231.02 mi16, Oaklands Court, Ross-on-wye, Herefordshire HR9 7HD2
£200K11/231.03 mi5, Purland, Ross-on-wye, Herefordshire HR9 5QA2
£185K12/231.1 mi32, Merrivale Lane, Ross-on-wye, Herefordshire HR9 5JL2
£205K03/241.1 mi8, Tudor Street, Ross-on-wye, Herefordshire HR9 5PS2
£217K12/231.11 mi34, Brampton Road, Ross-on-wye, Herefordshire HR9 7EH2
£282K05/241.2 mi3, Waterside, Ross-on-wye, Herefordshire HR9 5LN2
£183.5K09/231.24 mi12, Beechwood, Ross-on-wye, Herefordshire HR9 7QE2
£227K08/231.33 mi18, North Road, Ross-on-wye, Herefordshire HR9 5LZ2
£225K08/231.33 mi19, North Road, Ross-on-wye, Herefordshire HR9 5LZ2
£320K02/241.35 miAveril, Weston Grove, Ross-on-wye, Herefordshire HR9 5LU2
£183.5K10/231.41 mi3, Old High Town Green, Peterstow, Ross-on-wye, Herefordshire HR9 6LD2
£375K08/241.46 mi8, Overross Close, Ross-on-wye, Herefordshire HR9 7BQ2
£357.5K03/241.51 mi50, Court Road, Ross-on-wye, Herefordshire HR9 7XF2

Local Rents

19 rents from £421/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90009/240.63 miBridstow, Ross-on-Wye, Herefordshire, HR92
£87509/240.81 miSwan House, Edde Cross Street, Ross-on-Wye, Herefordshire, HR92
£75009/240.82 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£75009/240.82 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£85002/250.84 mi-2
£97504/240.85 mi-2
£1,25004/250.85 mi-2
£85006/240.87 mi-2
£85006/240.87 mi-2
£77503/240.88 mi-2
£83009/240.89 miPrimrose Close, Ross-on-Wye, HR92
£85011/240.91 mi-2
£85003/250.94 mi-2
£75009/240.99 miPalma Court, Brookend Street, Ross-on-Wye2
£72509/241 miHenry Street, Ross-On-Wye, Herefordshire, HR92
£75009/241.04 miOver Ross Street, Ross-On-Wye2
£44804/251.04 mi-2
£1,02509/241.07 miBrampton Close, Ross-on-Wye2
£42106/231.24 mi-2

Local Area Statistics

Population in hr9

20,936

Town centre distance

0.63 miles away

Nearest school

0.30 miles away

Nearest train station

11.06 miles away

 

 

Rental growth (12m)

+61%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Price changed to £190,000

March 20, 2025

Listed for £200,000

December 31, 2024

Floor Plans

Description

  • Two Bedroom Semi-Detached Cottage +
  • In Need Of Updating And Modernisation +
  • Off Road Parking, Garage +
  • Enclosed Gardens +
  • Easily Accessible Transport Links +
  • No Onward Chain +

A two-bedroom semi-detached cottage in need of updating and modernisation, having off road parking, garage, and enclosed gardens within reasonable distance of the Ross-on-Wye town centre, all being offered with no onward chain.

A two-bedroom semi-detached cottage in need of updating and modernisation, having off road parking, garage, and enclosed gardens within reasonable distance of the Ross-on-Wye town centre.

The village of Bridstow offers a Primary School, Village Hall and Parish Church, a well-regarded comprehensive school is in the nearby town of Ross.

The nearby pretty market town of Ross-on-Wye, with its picturesque river walks, offers an array of excellent shopping facilities and schools. The M50 motorway is easily accessible and provides excellent commuter links to the M5 giving good access to Birmingham and the North, Bristol and the South. The A40 leads to the M4 at Newport, giving good access to Cardiff and Wales.

Accessed through the entrance porch, a door opens into the bright and airy living room. Illuminated by a side aspect bay window that floods the space with light, additional front and rear aspect windows contribute to the room's openness. A feature fireplace adds character, while a door provides access to the rear garden and stairs ascend to the first-floor landing.

Adjacent to the living room is the kitchen/diner, boasting a variety of fitted wall, base, and drawer units, ample space for appliances, a single drainer sink unit with tap, and a spacious dining area, the kitchen/diner has front and rear aspect windows.

Ascending the stairs leads to the first-floor landing, granting access to two bedrooms and a bathroom.

The main bedroom features fitted wardrobes and is situated at the front of the property, while the second bedroom also occupies a front-facing position.

The bathroom is equipped with a bathtub, close-coupled w.c., and wash hand basin.

Outside - The gardens are mature, and include a patio/seating area with various borders, wooden storage shed, enclosed by fencing surround. There is a parking area to the rear and single garage, which is accessed via an up and over door.

Viewings

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Agent Details

Archer & Co, Herefordshire & Forest of Dean

01989 550971

Next Steps?

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