3 Bed Terraced House, Refurb/BRRR, Ross-on-Wye, HR9 7BX, £274,000

Wye Street, Ross-On-Wye, HR9 7BX - 3 views - 2 months ago

Refurb/BRRR
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£160K - £475K
Sold Prices/m²£2K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£268,237

 

 

End Value (After Refurb)

£287,629

Uplift in Value

+-1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£37,686

Bridging Loan Interest

£7,193

Total Cash In

£127,028

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£287,629

Mortgage (After Refinance)

£215,722

Mortgage LTV

75%

Cash Released

£10,222

Cash Left In

£116,806

Equity

£71,907

Rent Range

£421 - £3,500

Rent Estimate

£1,025

Running Costs/mo

£1,124

Cashflow/mo

£-99

Cashflow/yr

£-1,186

Gross Yield

4%

Local Sold Prices

21 sold prices from £160K to £475K, average is £285K. £2K/m² to £7.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£430K02/240.35 mi24, Gloucester Road, Ross-on-wye, Herefordshire HR9 5LQ3
£270K03/240.43 miThe Graig, Brookfield Road, Ross-on-wye, Herefordshire HR9 7EL3
£230K01/240.46 mi12, Grammar School Close, Ross-on-wye, Herefordshire HR9 7QD3
£285K01/240.48 mi14, Waterside, Ross-on-wye, Herefordshire HR9 5LN3
£420K02/240.49 mi10, The Shrubbery, Ross-on-wye, Herefordshire HR9 5BE3
£300K04/240.51 mi9, The Roslins, Ross-on-wye, Herefordshire HR9 5XA3
£272K09/230.52 mi3, Park Walk, Ross-on-wye, Herefordshire HR9 5LW3
£250K05/240.54 mi1, Falaise Close, Ross-on-wye, Herefordshire HR9 5UT3
£290K06/240.56 mi81, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UP3
£160K03/240.56 mi71, Verschoyle Gardens, Ross-on-wye, Herefordshire HR9 7HH3
£475K02/240.59 miAlton Gate, Penyard Lane, Ross-on-wye, Herefordshire HR9 5NR3
£260K05/240.61 mi10, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UN3
£315K08/230.63 miOakwood, Wilton Lane, Wilton, Ross-on-wye, Herefordshire HR9 6AH3
£227.5K11/230.66 mi29, Three Crosses Road, Ross-on-wye, Herefordshire HR9 7HB3
£250K10/230.71 mi11, Mayhill Road, Ross-on-wye, Herefordshire HR9 7EU3
£240K08/230.72 mi1, Chapel Road, Ross-on-wye, Herefordshire HR9 5PR3
£245K07/240.76 mi1, Laburnum Close, Ross-on-wye, Herefordshire HR9 5UB3
£410K05/240.79 mi3, Harefields, Hildersley, Ross-on-wye, Herefordshire HR9 7NL3
£310K09/230.83 mi19, Sandringham Close, Ross-on-wye, Herefordshire HR9 7XN3
£375K02/240.85 mi19, Chatsworth Close, Ross-on-wye, Herefordshire HR9 7XH3
£308K08/240.93 mi12, Swallow Road, Ross-on-wye, Herefordshire HR9 7WS3

Local Rents

48 rents from £421/mo to £3.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£65009/240.06 miWye Street, Ross-On-Wye1
£85002/250.1 mi-2
£87509/240.1 miSwan House, Edde Cross Street, Ross-on-Wye, Herefordshire, HR92
£65006/230.12 mi-1
£75012/240.12 mi-1
£75001/250.12 mi-1
£97504/240.12 mi-2
£1,25004/250.12 mi-2
£75009/240.12 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£75009/240.12 miSwan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR92
£79503/250.13 mi-1
£85006/240.14 mi-2
£85006/240.14 mi-2
£77503/240.14 mi-2
£85011/240.18 mi-2
£59509/240.18 miCopse Cross Street1
£60006/230.19 mi-1
£57509/240.19 miCopse Cross Street1
£85003/250.2 mi-2
£1,10011/240.24 mi-3
£92509/240.27 miCasson Place, Henry Street, Ross-On-Wye, Herefordshire, HR93
£72509/240.27 miHenry Street, Ross-On-Wye, Herefordshire, HR92
£1,05009/240.27 mi4B Henry Street, Ross-on-Wye3
£49509/240.28 miFlat 22 Palma Court, Brookend Street, Ross-on-Wye1
£75009/240.28 miPalma Court, Brookend Street, Ross-on-Wye2
£75009/240.37 miOver Ross Street, Ross-On-Wye2
£83009/240.41 miPrimrose Close, Ross-on-Wye, HR92
£46703/250.46 mi-1
£1,02509/240.46 miBrampton Close, Ross-on-Wye2
£1,39508/240.46 mi-4
£42106/230.5 mi-2
£55009/240.5 miFlat , Wilton Post Office, Wilton, Ross-on-Wye1
£44804/250.56 mi-2
£49003/250.71 mi-1
£1,29509/240.76 miSycamore Close, Ross-on-Wye, Herefordshire, HR94
£1,29509/240.78 miOld Tannery Way, Ross-on-Wye, Herefordshire, HR94
£1,10009/240.78 miBannut Tree Gardens, Bridstow, Ross-on-Wye3
£1,00009/241.07 miTurbit Close, Ross-On-Wye2
£1,05009/241.07 miFrillbank Road, Ross-On-Wye2
£90009/241.36 miBridstow, Ross-on-Wye, Herefordshire, HR92
£1,65009/241.54 miBridstow, Ross-on-Wye, Herefordshire, HR94
£1,50004/241.56 mi-3
£3,50009/242.1 miKingstone Court, Weston Under Penyard, HR9 7PQ4
£2,50005/242.16 mi-5
£2,60011/242.16 mi-5
£1,00004/252.17 mi-1
£1,40009/242.2 miWarryfields Cottage, Walford, Ross-On-Wye, HR9 5QW3
£52803/252.41 mi-1

Local Area Statistics

Population in hr9

20,936

Town centre distance

0.19 miles away

Nearest school

0.30 miles away

Nearest train station

11.37 miles away

 

 

Rental growth (12m)

+61%

Sales demand

Buyer's market

Capital growth (5yrs)

+26%

Property History

Price changed to £274,000

March 24, 2025

Price changed to £280,000

February 28, 2025

Listed for £290,000

February 3, 2025

Floor Plans

Description

  • Two Storey Property within Historic Listed Building +
  • Very Close to Riverside Scenery & Walks +
  • Walking Distance to Town Centre +
  • Stunning Brand New Full Renovation +
  • No Onward Chain +
  • Retaining Original Character Features +

A Stunning Grade II Listed Newly Renovated 3 Double Bedroom 2-Storey Property, part of a historic Victorian stone building in a lovely scenic area in Ross-On-Wye, Hereford. Offered With No Onward Chain. Lobby with Storage – Entrance Hall – Downstairs WC – Under-Stairs Storage – Kitchen/Dining Room – Sitting Room – Landing – 3 Double Bedrooms – Bathroom – Airing Cupboard – Permit On-Street Parking Dating back to 1837, this beautiful tall stone building was originally constructed as a British & foreign school to educate children from different backgrounds, denoted by an official blue plaque historical marker on the building’s exterior. The property enjoys an exquisite high-standard renovation throughout, with contemporary fixtures married tastefully alongside original features, such as exposed stone and period fireplaces. All works are covered under a 10 year structural warranty.

Location Known as the ‘birthplace of British tourism’, Ross-On-Wye boasts several buildings dating back as far as the 16th century, situated in the Wye Valley with a wealth of natural beauty at every turn. This gorgeous 19th century stone building sits in an elevated position, with river scenery just over the road accentuated by a local restaurant & bar with riverside gardens.

The Property Lobby & Entrance Hall: The inviting entrance hall offers a seamless blend of style and functionality. Stepping in through the front door, an entry lobby with a storage cupboard and consumer unit above is to right. The hall itself features a carpeted staircase with a sleek, modern balustrade. Beneath the stairs, a storage cupboard provides ample room for essentials. At the end of the hall, the downstairs WC is complete with a contemporary vanity unit sink, LED mirror for a touch of luxury and wall panelling. Kitchen/Dining Room: This stunning kitchen/diner is equipped with top-of-the-line integrated Bosch appliances, including an electric hob, fan oven, extractor fan hood, dishwasher, and fridge/freezer. The cabinetry is finished in a sophisticated dark hue, complemented by luxurious brass handles and ample Quartz worktop space. A classic Belfast sink adds a touch of timeless charm, perfectly positioned beneath one of the two beautifully crafted windows, ensuring plenty of natural light. The room's inviting layout and high-quality fixtures make it the ideal space for both everyday living and entertaining. Sitting Room: The focal point of this characterful room is the exposed stone wall, featuring a charming, rustic fireplace hearth that adds a sense of history. The large window alcove floods the room with natural light, while plush carpeting underfoot and contemporary light fixtures provide a cosy atmosphere. This inviting space is perfect for relaxing evenings or entertaining guests, blending period features with modern living. Bedroom 1: A well-proportioned double bedroom at the end of the landing, including fitted carpets and a recessed window overlooking the riverside. Features an original fireplace, wall panelling and mounted mood lighting. Bedrooms 2 & 3: Two further carpeted double rooms, also with recessed windows capturing the view. Bathroom: Fully fitted in a classic contemporary suite; with pale green subway wall tiles accented with gold fixtures. Includes bath with thermostatic rainhead shower & glazed screen, vanity unit basin with mixer tap, LED mirror and towel radiator. The airing cupboard is located in the bathroom behind a closing door, housing the gas boiler.

Practicalities Herefordshire Council Tax Band ‘B’
Gas Central Heating
Double Glazed Throughout
All Mains Services
Ultrafast Full Fibre Available
Share of Freehold – 999 Year Lease
10 Year Structural Warranty Included

Directions From Hereford, head south on the A49 and continue for 13 miles. Upon entering Ross, go straight over at the roundabout onto Wilton Road and proceed over the bridge. Take the next left onto Wye Street, where the property can be found on the right-hand side opposite The Hope & Anchor restaurant. What3Words: ///voter.verve.pricing

Agent Details

Glasshouse Estates and Properties LLP, Hereford

01432 805194

Next Steps?

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