2 Bed Flat, Single Let, Hereford, HR2 6BN, £259,700

King Georges View, Hinton, Hereford, HR2 6BN - 2 months ago

Leasehold
BTL
~71 m²
+8 photos

ValuationOvervalued

Sold Prices£62.5K - £360K
Sold Prices/m²£1.1K/m² - £2.7K/m²

 

 

Square Metres

~71.10 m²
Price/m²£3.7K/m²

Value Estimate

£134,393

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£64,925

Stamp Duty & Legal Fees

£17,170

Total Cash In

£82,095

 

 

Cash Out

 

Rent Range

£675 - £1,100

Rent Estimate

£780

Running Costs/mo

£988

Cashflow/mo

£-208

Cashflow/yr

£-2,491

Gross Yield

4%

Local Sold Prices

36 sold prices from £62.5K to £360K, average is £127K. £1.1K/m² to £2.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£134K03/220.02 mi7, Wyelands Close, Hereford, Herefordshire HR2 6DH2
£136.5K06/210.04 mi3, Wyelands Close, Hereford, Herefordshire HR2 6DH2
£113K03/220.3 mi82, Holme Lacy Road, Hereford, Herefordshire HR2 6DA2
£240K07/210.33 miFlat, 15, Wye Way, Hereford, Herefordshire HR1 2NP2
£190K05/230.33 mi1, Nightingale Way, Hereford, Herefordshire HR1 2NQ2
£175K09/220.36 mi11, Hampton Street, Hereford, Herefordshire HR1 2RA2
£115K06/210.4 mi57, Homestead, Hereford, Herefordshire HR2 6HL2
£120.2K10/220.44 mi11, Stable Drive, Hereford, Herefordshire HR2 6SH2
£196K06/210.44 mi10, Harold Street, Hereford, Herefordshire HR1 2QU2
£99K05/210.44 mi6, Stable Drive, Hereford, Herefordshire HR2 6SH2
£103K03/220.51 mi5, Ridgeway Avenue, Hereford, Herefordshire HR2 6HW2
£190K06/210.55 mi14a, St Ethelbert Street, Hereford, Herefordshire HR1 2NR2
£95K03/210.58 miFlat 22, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP2
£92K06/230.58 miFlat 5, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP2
£105K11/220.59 miFlat 21, Guardian Court, Ferrers Street, Hereford, Herefordshire HR1 2LP2
£94.8K03/210.59 mi19, Oak Field Road, Hereford, Herefordshire HR2 6SD2
£90K07/230.61 mi244, Ross Road, Hereford, Herefordshire HR2 7PN2
£125K08/230.61 mi234, Ross Road, Hereford, Herefordshire HR2 7PN2
£120K03/220.65 mi2, Pembridge Close, Hereford, Herefordshire HR2 7AD2
£360K12/220.66 miFlat 11, Barton West, Barton Road, Hereford, Herefordshire HR4 0AU2
£148.5K11/200.67 miFlat 14, The Embankment, Gaol Street, Hereford, Herefordshire HR1 2AF2
£102K10/200.68 mi14, St Charles Court, Lower Bullingham, Hereford, Herefordshire HR2 6EJ2
£329K06/230.73 miFlat 8, Barton West, Barton Road, Hereford, Herefordshire HR4 0AU2
£145K08/210.79 miFlat 2, Red Lion Court, Victoria Street, Hereford, Hereford And Worcester HR4 0BZ2
£147.5K06/210.84 mi108, Ledbury Road, Hereford, Herefordshire HR1 2TB2
£136.7K11/210.88 mi8, Pomona Place, Hereford, Herefordshire HR4 0EF2
£135K12/200.88 mi18, Bardolph Close, Hereford, Herefordshire HR2 7QA2
£130K04/210.89 mi49, Kernal Road, Hereford, Herefordshire HR4 0PR2
£145K02/210.89 mi47, Kernal Road, Hereford, Herefordshire HR4 0PR2
£90K05/210.91 mi74, Golden Post, Hereford, Hereford And Worcester HR2 7BZ2
£98K06/220.91 mi93, Ethelstan Crescent, Hereford, Herefordshire HR2 7HS2
£62.5K10/200.94 mi8, Falstaff Road, Hereford, Herefordshire HR2 7QF2
£62.5K10/200.94 mi8, Falstaff Road, Hereford, Herefordshire HR2 7QF2
£105K08/210.95 mi72, Ethelstan Crescent, Hereford, Herefordshire HR2 7HS2
£163K03/230.95 miFlat 14, Arden Court, Bodenham Road, Hereford, Herefordshire HR1 2UF2
£129K12/200.96 miFlat 11, Arden Court, Bodenham Road, Hereford, Herefordshire HR1 2UF2

Local Rents

27 rents from £675/mo to £1.1K/mo, average is £865/mo.

RentDateDistanceAddressBeds 
£82504/240.02 mi-2
£1,05012/240.1 miHawthorn Grove, Hereford, Herefordshire, HR2 6AU2
£82512/240.41 miBelmont Road, Belmont, Hereford, HR22
£89503/250.5 mi-2
£88512/240.53 miCider Press Drive, Hereford, HR22
£82012/240.62 miThe Pastures, Hereford, HR22
£1,10012/240.73 mi-2
£1,10002/250.73 mi-2
£98003/250.74 mi-2
£79504/240.78 miBewell Street, Hereford, HR42
£94505/240.81 mi-2
£94505/240.81 mi-2
£90005/240.82 mi-2
£84003/240.85 mi-2
£80011/231.01 mi-2
£80012/241.02 miAngela Close, Hereford, HR12
£85012/241.02 miFlaxley Drive, Hereford2
£83004/241.04 miBalfour Close, Hereford, HR42
£85002/251.04 mi-2
£86504/241.07 miCoppin Rise, Belmont, HEREFORD2
£85012/241.07 miAylestone Hill, Hereford, HR12
£89505/241.15 miCornewall Steet, Whitecross, Hereford, HR42
£97504/241.19 miWidemarsh Street, HEREFORD2
£97504/241.19 miWidemarsh Street, HEREFORD2
£97504/241.19 miWidemarsh Street, HEREFORD2
£85008/231.21 mi-2
£67512/241.21 miBlakemore Close, HEREFORD2

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

4.71 miles away

Nearest school

0.30 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £259,700

March 28, 2025

Listed for £265,000

January 28, 2025

Floor Plans

Description

  • First-floor apartment +
  • Two double bedrooms, two bathrooms +
  • Immaculately presented, modern accommodation +
  • Views towards King George V fields +
  • Allocated parking and visitor spaces +
  • Remainder of a 999-year original lease +
  • Half-a-mile from city centre +
  • Pets allowed +

Build date: 2022
Approximate Area: 71 sq.m / 765 sq.ft

THE PROPERTY: This purpose-built first-floor apartment, constructed in 2022, offers beautifully presented and modern accommodation. The home is thoughtfully designed, with an open-plan living, dining, and kitchen area serving as the heart of the property.

There are two generously sized double bedrooms, including an en-suite shower room to the principal bedroom, as well as a separate bathroom. The property benefits from an allocated parking space, and the attractive modern development includes communal garden areas, a bin store, and visitor parking spaces.

The apartment also features the remainder of a 999-year lease, which began in 2022.

LOCATION: The property is conveniently located in an elevated position above Hinton Road, offering scenic views of the King George V fields, whilst also being close to a variety of local amenities.

Walks across the King George V fields and along the River Wye are right on your doorstep, and the city centre, with its wide range of shops, bars, restaurants and facilities, is just half a mile away.

ACCOMMODATION: Approached via communal halls and staircase, in detail the property comprises:

Hallway: having utility cupboard offering space for washing machine and tumble dryer, doors to kitchen area, bedrooms and bathroom.

Open-Plan Kitchen/Dining/Living Room: patio door to front aspect, frosted windows to side aspect, the kitchen area offers a range of fitted units, work surface with inset sink, 4-ring hob with built-in cooker under and extractor hood over, integrated fridge/freezer and dishwasher, wall unit housing combination boiler, breakfast bar.

Bedroom One: window to front aspect, attic hatch, space for double bed and furniture, door to en-suite.

En-Suite Shower Room: cubicle with mains mixer shower, vanity sink and toilet unit, towel radiator.

Bedroom Two: window to front aspect, space for double bed and furniture

Bathroom: bath with mains mixer shower over and glass screen, vanity sink and toilet unit, towel radiator.

Outside: There is an allocated parking space along with visitor parking spaces. The gated development offers communal gardens with bin store area and bike store shed.

Council Tax Band - B

Services - Mains gas, electric, water and drainage are connected to the property.

Lease Information: The original 999-year lease commenced in 2022. There are 996 years left remaining on the lease (Jan 2025).

Ground Rent: £0.99 per annum
Maintenance Charge: £110.10 per calendar month
Pets allowed

Agent’s Note - None of the appliances or services mentioned in these particulars have been tested.

Money Laundering Regulations: To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer.  We ask for your co-operation in order that there is no delay in agreeing the sale.

Consumer Protection from Unfair Trading Regulations 2008 (CPR): We endeavour to ensure that the details contained in our brochure are correct through making detailed enquiries of the owner but they are not guaranteed. Andrew Morris Estate Agents limited have not tested any appliance, equipment, fixture, fitting or service and have not seen the title deeds to confirm tenure. None of the statements contained in these particulars as to this property are to be relied on as a representation of facts. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained within these particulars.

Referral Fees: Andrew Morris estate agents may benefit from commission or fee from other services offered to the client. These services include but may not be limited to conveyancing, financial advice, surveys and insurance.

Agent Details

Andrew Morris Estate Agents Limited, Hereford

01432 805202

Next Steps?

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