3 Bed Semi-Detached House, Refurb/BRRR, Hereford, HR2 7BZ, £225,000

26 Golden Post, Hereford HR2 7BZ - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
83 m²
+9 photos

ValuationOvervalued

Sold Prices£115K - £345K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

83 m²
Price/m²£2.7K/m²

Value Estimate

£186,252

 

 

End Value (After Refurb)

£224,974

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£33,648

Bridging Loan Interest

£5,906

Total Cash In

£105,504

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£224,974

Mortgage (After Refinance)

£168,730

Mortgage LTV

75%

Cash Left In

£105,504

Equity

£56,243

Rent Range

£875 - £1,200

Rent Estimate

£1,029

Running Costs/mo

£929

Cashflow/mo

£100

Cashflow/yr

£1,202

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £345K, average is £195K. £1.4K/m² to £4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£265K01/230.07 mi14, Glastonbury Close, Belmont, Hereford, Herefordshire HR2 7YL3
£210K12/200.07 mi15, Glastonbury Close, Belmont, Hereford, Herefordshire HR2 7YL3
£177K03/210.08 mi29, Haylease Crescent, Hereford, Herefordshire HR2 7AN3
£160K06/210.12 mi56, Beattie Avenue, Hereford, Herefordshire HR2 7BU3
£170K01/210.13 mi68, Hunderton Road, Hereford, Herefordshire HR2 7AP3
£295K07/230.15 mi23, Tavistock Drive, Hereford, Herefordshire HR2 7XN3
£210K01/230.17 mi24, Flaxley Drive, Hereford, Herefordshire HR2 7XQ3
£185K12/200.18 mi4, Vaga Close, Hereford, Herefordshire HR2 7BH3
£226K06/230.18 mi7, Vaga Close, Hereford, Herefordshire HR2 7BH3
£220K01/230.18 mi206, Belmont Road, Hereford, Herefordshire HR2 7HA3
£185K09/210.18 mi25, Merryhill Crescent, Hereford, Herefordshire HR2 7AH3
£156.5K03/210.18 mi28, Merryhill Crescent, Hereford, Herefordshire HR2 7AH3
£302K01/230.19 mi3, Priory View, Hereford, Herefordshire HR2 7XH3
£215K03/210.19 mi16, Buckfast Close, Belmont, Hereford, Herefordshire HR2 7XL3
£223K06/230.2 mi21, Carwardine Green, Hereford, Herefordshire HR2 7ER3
£195K02/230.22 mi30, Blackmarston Road, Hereford, Herefordshire HR2 7AJ3
£257K03/210.22 mi50, Whitefriars Road, Hereford, Herefordshire HR2 7XF3
£195K12/200.22 mi44, Whitefriars Road, Hereford, Herefordshire HR2 7XF3
£210K06/210.23 mi11, Lacey Way, Hereford, Herefordshire HR2 7PB3
£183K04/210.25 mi23, Wallis Avenue, Hereford, Herefordshire HR2 7AZ3
£175K10/200.25 mi30, Waterfield Road, Hereford, Herefordshire HR2 7ES3
£230K01/230.27 mi34, Waterfield Road, Hereford, Herefordshire HR2 7ES3
£210K06/230.28 mi19, Escley Drive, Hereford, Herefordshire HR2 7LU3
£229.5K05/230.29 mi71, Waterfield Road, Hereford, Herefordshire HR2 7EN3
£160K03/210.29 mi37, Waterfield Road, Hereford, Herefordshire HR2 7EL3
£170K11/220.3 mi8, Hunderton Avenue, Hereford, Herefordshire HR2 7AB3
£204K04/210.3 mi9, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB3
£247K04/210.3 mi21, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB3
£157K05/210.31 mi8, Monnow Crescent, Hereford, Herefordshire HR2 7NH3
£180K05/210.31 mi24, Millard Close, Hereford, Herefordshire HR2 7EW3
£179.5K01/210.32 mi18, Waterfield Road, Hereford, Herefordshire HR2 7DD3
£140K02/210.32 mi2, Barons Mead, Hereford, Herefordshire HR2 7EP3
£185K05/210.33 mi41, Charlton Avenue, Hereford, Herefordshire HR2 7HP3
£115K12/200.33 mi94, Stanberrow Road, Hereford, Herefordshire HR2 7NB3
£180K10/210.35 mi3, Brampton Road, Hereford, Herefordshire HR2 7DE3
£188.5K12/200.36 mi3, Charles Witts Avenue, Hereford, Herefordshire HR2 7BB3
£195K06/230.37 mi9, Weobley Close, Hereford, Herefordshire HR2 7EJ3
£166K11/200.38 mi141, Belmont Road, Hereford, Herefordshire HR2 7JR3
£200K07/230.38 mi61, Walnut Tree Avenue, Hereford, Herefordshire HR2 7JU3
£222.5K01/230.41 mi31, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£236K04/210.41 mi29, Holmfirth Close, Hereford, Herefordshire HR2 7UG3
£195K05/230.41 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£172.5K02/210.41 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£200K07/210.43 mi11, Honddu Close, Hereford, Herefordshire HR2 7NX3
£187.5K04/230.44 mi5, Rothesay Mead, Hereford, Herefordshire HR2 7BJ3
£120K06/210.44 mi38, Ethelstan Crescent, Hereford, Herefordshire HR2 7HR3
£280K06/230.44 mi3, Farringdon Avenue, Belmont, Hereford, Herefordshire HR2 7ZH3
£146K06/210.45 mi14, Skenfrith Walk, Hereford, Herefordshire HR2 7DP3
£345K06/210.45 mi28, Hazel Grove, Hereford, Herefordshire HR2 7JX3
£262K06/210.45 mi5, Hazel Grove, Hereford, Herefordshire HR2 7JX3

Local Rents

11 rents from £875/mo to £1.2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,05012/240.25 miNew Kilvert Road, HEREFORD3
£99504/240.28 miEscley Drive, HEREFORD3
£95012/240.45 mi-3
£97509/240.45 mi-3
£97509/240.45 mi-3
£95012/240.67 miWestholme Road, Belmont, HEREFORD3
£87504/240.89 miBridge Street, HEREFORD3
£1,15004/240.94 miWalton Close, HEREFORD3
£1,15012/240.96 miThe Hawthorns, Hereford3
£99512/241.21 mi-3
£1,20012/241.24 miSt. Owen Street, Hereford3

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

4.61 miles away

Nearest school

0.40 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £225,000

January 24, 2025

Description

  • Well established residential location +
  • Spacious 3 bedroom older style semi-detached house +
  • Good sized front and rear gardens. +
  • Garage & driveway +
  • Ideal family home +
  • No onward chain +

Peacefully situated in this well established residential location, a spacious three bedroom older style semi offering ideal family accommodation. Although in need of some modernisation the property which is offered for sale with no onward chain has the added benefit of gas central heating, generously sized living accommodation, good sized gardens, garage and driveway and to fully appreciate this property we recommend an internal inspection.

Agent Details

Flint & Cook, Hereford

01432 802254

Next Steps?

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