2 Bed Detached House, Refurb/BRRR, Ross-on-Wye, HR9 7EQ, £120,000

11 Brampton Street, Ross-on-Wye, Herefordshire, HR9 7EQ - 6 views - 2 months ago

Auction

Refurb/BRRR

95 m²

+18 photos

ValuationFair Value

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

Square Metres	95 m²
Price/m²	£1.3K/m²
Value Estimate	£121,200£121,200

End Value (After Refurb)	£281,258£281,258
Uplift in Value	+134%+134%
You could potentially get back more cash than you put into this deal. All your cash out plus £42,748 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£30,000£30,000
Stamp Duty & Legal Fees	£4,800£4,800
Refurb Costs	£38,496£38,496
Bridging Loan Interest	£3,150£3,150
Total Cash In	£78,196£78,196

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£281,258£281,258
Agent Fees (1%)	£2,813£2,813
Bridging Loan	£90,000£90,000
Bridging Loan Interest	£3,150£3,150
Flip Profit	£110,250£110,250

Local Sold Prices

21 sold prices from £155K to £375K, average is £218K. £2.3K/m² to £4.9K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£190K	10/23	0.3 mi	16, Oaklands Court, Ross-on-wye, Herefordshire HR9 7HD	£3,455	55	2	Terraced House
£217K	12/23	0.31 mi	34, Brampton Road, Ross-on-wye, Herefordshire HR9 7EH	£2,679	81	2	Semi-Detached House
£183.5K	09/23	0.33 mi	12, Beechwood, Ross-on-wye, Herefordshire HR9 7QE	£3,110	59	2	Semi-Detached House
£168.5K	07/24	0.34 mi	21, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ	£3,343	50	2	Terraced House
£157K	03/24	0.34 mi	18, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ	£3,078	51	2	Semi-Detached House
£205K	08/23	0.34 mi	39, Honeysuckle Close, Ross-on-wye, Herefordshire HR9 7RJ	£3,868	53	2	Bungalow
£227K	08/23	0.37 mi	18, North Road, Ross-on-wye, Herefordshire HR9 5LZ	£3,180	71	2	Terraced House
£225K	08/23	0.37 mi	19, North Road, Ross-on-wye, Herefordshire HR9 5LZ	£3,098	73	2	Terraced House
£320K	02/24	0.39 mi	Averil, Weston Grove, Ross-on-wye, Herefordshire HR9 5LU	£3,721	86	2	Bungalow
£282K	05/24	0.43 mi	3, Waterside, Ross-on-wye, Herefordshire HR9 5LN	£2,968	95	2	Bungalow
£218K	07/24	0.51 mi	Sandygate, Sixth Avenue, Greytree, Ross-on-wye, Herefordshire HR9 7HL	£2,295	95	2	Terraced House
£357.5K	03/24	0.56 mi	50, Court Road, Ross-on-wye, Herefordshire HR9 7XF	£3,663	98	2	Bungalow
£375K	08/24	0.56 mi	8, Overross Close, Ross-on-wye, Herefordshire HR9 7BQ	£4,032	93	2	Bungalow
£185K	12/23	0.59 mi	32, Merrivale Lane, Ross-on-wye, Herefordshire HR9 5JL	£2,467	75	2	Semi-Detached House
£265K	05/24	0.9 mi	9, Duxmere Drive, Ross-on-wye, Herefordshire HR9 5UN	£4,907	54	2	Bungalow
£205K	03/24	0.98 mi	8, Tudor Street, Ross-on-wye, Herefordshire HR9 5PS	£3,060	67	2	Terraced House
£315K	08/24	1.05 mi	5, Danum Road, Ross-on-wye, Herefordshire HR9 5UG	£3,539	89	2	Bungalow
£200K	11/23	1.07 mi	5, Purland, Ross-on-wye, Herefordshire HR9 5QA	£2,857	70	2	Semi-Detached House
£260K	04/24	1.08 mi	20, Watling Street, Ross-on-wye, Herefordshire HR9 5UF	£3,285	79	2	Bungalow
£155K	02/24	1.26 mi	39, The Claytons, Bridstow, Ross-on-wye, Herefordshire HR9 6QD	£2,279	68	2	Semi-Detached House
£285K	08/24	1.61 mi	1, White Cross Cottages, Bridstow, Ross-on-wye, Herefordshire HR9 6JU	-	-	2	Semi-Detached House

Local Rents

18 rents from £421/mo to £1.3K/mo, average is £840/mo.

Rent	Date	Distance	Address	Beds	Type
£750	09/24	0.03 mi	Over Ross Street, Ross-On-Wye	2	Terraced House
£750	09/24	0.09 mi	Palma Court, Brookend Street, Ross-on-Wye	2	Flat
£1,025	09/24	0.15 mi	Brampton Close, Ross-on-Wye	2	Semi-Detached House
£750	09/24	0.21 mi	Swan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR9	2	Flat
£750	09/24	0.21 mi	Swan Court, Edde Cross Street, Ross-On-Wye, Herefordshire, HR9	2	Flat
£725	09/24	0.22 mi	Henry Street, Ross-On-Wye, Herefordshire, HR9	2	Flat
£875	09/24	0.23 mi	Swan House, Edde Cross Street, Ross-on-Wye, Herefordshire, HR9	2	Flat
£775	03/24	0.25 mi	-	2	Flat
£850	11/24	0.25 mi	-	2	Flat
£850	02/25	0.27 mi	-	2	Flat
£830	09/24	0.27 mi	Primrose Close, Ross-on-Wye, HR9	2	Semi-Detached House
£850	03/25	0.27 mi	-	2	Flat
£850	06/24	0.27 mi	-	2	Flat
£850	06/24	0.27 mi	-	2	Flat
£975	04/24	0.3 mi	-	2	Semi-Detached House
£1,250	04/25	0.3 mi	-	2	Semi-Detached House
£421	06/23	0.31 mi	-	2	Flat
£448	04/25	0.32 mi	-	2	Flat

Local Area Statistics

Population in hr9	20,93620,936
Town centre distance	0.53 miles away0.53 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	11.05 miles away11.05 miles away

Rental growth (12m)	+61%+61%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £120,000

February 5, 2025

Description

2 Bedroom +
Detached +
Town Location +
Garden +
Energy Rating E +
No Chain +

FOR SALE BY PUBLIC AUCTION - GUIDE PRICE £120,000 - £150,000 A 2 bedroom detached house in need of updating and modernising. Located near to Ross-on-Wye's town centre with the benefit of a garden. No chain

Agent Details

Pughs, Ledbury

01531 808791

Next Steps?

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