2 Bed Terraced House, Single Let, Hereford, HR1 2LU, £300,000

Pullings Mews, East Street, Hereford, HR1 2LU - 1 views - 2 months ago

BTL
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£150K - £325K
Sold Prices/m²£1.9K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£173,914

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£795 - £1,100

Rent Estimate

£826

Running Costs/mo

£1,123

Cashflow/mo

£-297

Cashflow/yr

£-3,560

Gross Yield

3%

Local Sold Prices

50 sold prices from £150K to £325K, average is £198K. £1.9K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£237.5K08/210.22 mi10, Grove Road, Hereford, Herefordshire HR1 2QP2
£208K11/220.23 mi44, Green Street, Hereford, Herefordshire HR1 2QH2
£185K02/210.25 mi10, St Guthlac Street, Hereford, Herefordshire HR1 2EY2
£210K01/210.26 mi32, Grenfell Road, Hereford, Hereford And Worcester HR1 2QR2
£237K07/230.26 mi5, Grenfell Road, Hereford, Herefordshire HR1 2QR2
£210K12/200.36 mi19, Hampton Street, Hereford, Hereford And Worcester HR1 2RA2
£170K05/210.36 mi23, Stonebow Road, Hereford, Herefordshire HR1 2BN2
£175.5K08/210.36 mi65, Green Street, Hereford, Herefordshire HR1 2QW2
£196K01/210.38 mi29, Friars Street, Hereford, Herefordshire HR4 0AS2
£268K04/230.38 mi4, Clive Street, Hereford, Herefordshire HR1 2SB2
£283K05/230.4 mi6, Park Street, Hereford, Herefordshire HR1 2RB2
£195K11/200.42 mi25, Park Street, Hereford, Herefordshire HR1 2RD2
£157K02/210.42 mi19, Park Street, Hereford, Herefordshire HR1 2RD2
£193K12/200.42 mi67, Park Street, Hereford, Herefordshire HR1 2RD2
£265K03/210.42 mi39, Park Street, Hereford, Herefordshire HR1 2RD2
£245K06/210.42 mi54, Park Street, Hereford, Herefordshire HR1 2RD2
£165K11/220.43 mi117, Widemarsh Street, Hereford, Herefordshire HR4 9EZ2
£175K04/210.45 mi18, Old Mill Close, Hereford, Herefordshire HR4 0AL2
£230K03/230.45 mi47, Portfield Street, Hereford, Herefordshire HR1 2SE2
£247.5K01/210.47 mi121, Park Street, Hereford, Herefordshire HR1 2RE2
£220K05/230.47 mi28, Portland Street, Hereford, Herefordshire HR4 9JE2
£225K11/200.47 mi18, Portland Street, Hereford, Herefordshire HR4 9JE2
£205K06/230.47 mi1, Walmer Street, Hereford, Herefordshire HR4 9JW2
£235K04/210.48 mi32, Foley Street, Hereford, Herefordshire HR1 2SQ2
£205K01/230.48 mi79, Eign Road, Hereford, Herefordshire HR1 2RU2
£189.9K01/210.5 mi9, Station Road, Hereford, Herefordshire HR4 0BD2
£172.5K12/200.52 mi6, Highgrove Bank, Hereford, Herefordshire HR1 2TA2
£205.5K12/200.52 mi15, Hopton Road, Hereford, Herefordshire HR1 1BE2
£249.9K11/210.52 mi1a, Scots Close, Hereford, Herefordshire HR1 2RT2
£185K10/220.53 mi105, Park Street, Hereford, Herefordshire HR1 2RE2
£150K02/210.57 mi7, Balfour Close, Hereford, Herefordshire HR4 9YH2
£185.5K09/210.57 mi42, Moor Street, Hereford, Herefordshire HR4 9LA2
£193.5K02/230.57 mi18, Balfour Close, Hereford, Herefordshire HR4 9YH2
£157.5K03/210.57 mi11, Pullmans Close, Hereford, Herefordshire HR1 1ET2
£179.9K06/210.59 mi23, Priors Walk, Hereford, Herefordshire HR2 7JY2
£173.5K05/230.6 mi23, Gladstone Drive, Hereford, Herefordshire HR4 9YD2
£189.9K08/210.6 mi15, Foxwhelp Close, Hereford, Herefordshire HR4 0PL2
£167.5K06/210.62 mi3, Laburnum Grove, Hereford, Herefordshire HR2 6AG2
£167.5K12/210.62 mi22, Attlee Close, Hereford, Herefordshire HR4 9YG2
£164K09/210.62 mi21, Attlee Close, Hereford, Herefordshire HR4 9YG2
£291K01/230.64 mi29, Whitecross Road, Hereford, Herefordshire HR4 0DE2
£178K01/230.64 mi50, Huskinson Drive, Hereford, Herefordshire HR1 1DB2
£235K01/230.66 mi109, Baysham Street, Hereford, Herefordshire HR4 0ET2
£171K06/210.66 mi15, Mostyn Street, Hereford, Herefordshire HR4 0EG2
£325K06/210.67 mi37, Southbank Road, Hereford, Hereford And Worcester HR1 2TL2
£230K07/210.72 mi13, Guildford Street, Hereford, Hereford And Worcester HR4 0DS2
£174K11/210.73 mi7, Bute Avenue, Hereford, Herefordshire HR2 6BU2
£200K01/230.73 mi1, Regent Gardens, Hereford, Herefordshire HR1 1EZ2
£305K06/230.73 mi86, Lichfield Avenue, Hereford, Herefordshire HR1 2RL2
£199.9K02/210.73 mi109, Baysham Street, Hereford, Herefordshire HR4 0ET2

Local Rents

15 rents from £795/mo to £1.1K/mo, average is £945/mo.

RentDateDistanceAddressBeds 
£1,10012/240.17 mi-2
£1,10002/250.17 mi-2
£98003/250.2 mi-2
£94505/240.23 mi-2
£94505/240.23 mi-2
£90005/240.24 mi-2
£79504/240.34 miBewell Street, Hereford, HR42
£89502/250.47 mi-2
£85012/240.54 miAylestone Hill, Hereford, HR12
£83004/240.57 miBalfour Close, Hereford, HR42
£82504/240.57 mi-2
£84003/240.58 mi-2
£97504/240.61 miWidemarsh Street, HEREFORD2
£97504/240.61 miWidemarsh Street, HEREFORD2
£97504/240.61 miWidemarsh Street, HEREFORD2

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

4.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £300,000

February 10, 2025

Floor Plans

Description

'Located close to the centre of Hereford, a very well proportioned, two bedroom, character residence which enjoys a southerly aspect to the rear'
LOCATION
Pullings Mews fronts East Street and lies centrally between High Town, St Owen Street, The Duck Pond and The Cathedral. The City is served by a wide range of shopping, leisure and recreational facilities together with educational establishments and both bus and railway stations.
DESCRIPTION
Pullings Mews was created by a conversion carried out in the early nineties by a highly reputed developer. This scheme has resulted in the provision of five comfortable homes with Number 3 enjoying an inner terrace position. The accommodation is centrally heated and double glazed, rooms are high, the sitting room and principal bedroom are in excess of 14' by 14' and on the ground floor there is a hall, cloakroom, kitchen-breakfast room and afore mentioned sitting room with two bedrooms and a luxury shower room on the first floor. On the lower ground floor there is a cellar/store/workshop and at the rear there is a courtyard garden which enjoys a fine southerly aspect. In more detail the accommodation comprises:
ON THE GROUND FLOOR:

Reception Hall 5m (16'5) x 2.31m (7'7) (including stairwell)
With stairway with wooden banister and hand rail, 8'9 ceiling height, double glazed window to the front, radiator and with a panel style door to the kitchen, glazed panel door to the sitting room, door to the cellar and door to the:
Cloakroom 1.6m (5'3) x .76m (2'6)
With low level wc, corner wash basin with mixer tap, tiled course over and cupboards below. Radiator.
Sitting Room 4.42m (14'6) x 4.5m (14'9) (18'6 into the bay area)
This room has a ceiling height of approximately 9', there are two feature boxed beams and at each side of the fireplace there is book shelving. Marble fireplace and hearth with a living flame gas fire. Recess with cabinets, radiator, exposed floor boards, 'Hive' type heating unit and with a 7'9 wide opening to a bay area which has a pair of double glazed French doors with adjacent double glazed windows and glazed roof over which enjoys a southerly aspect and opens to the walled courtyard garden.
The Kitchen/Breakfast Room 4.98m (16'4) x 2.49m (8'2)
With a 9' ceiling height, exposed ceiling timbers, sunken ceiling lights and extensively fitted with wood grain effect base cupboard units with working surface over, tiled surrounds and matching eye level cabinets. 1½ bowl stainless steel sink unit with drainer and mixer tap, recess with plumbing for dishwasher, recess with plumbing for washing machine, four ring gas hob with hood over and a double eye level electric oven. Radiator and a double glazed window to the front.
ON THE FIRST FLOOR:

Landing
With a velux sky light allowing light down through the property and having panel style doors to:
Bedroom 1 4.47m (14'8) x 4.42m (14'6)
With a maximum ceiling height of approximately 10'. Two substantial sets of structural of timbers and exposed purlins. Double glazed window to the rear, radiator, recess with book shelving and there are two double and two single wardrobe units provided with hanging rails and storage shelving.
Bedroom 2 2.49m (8'2) x 3.35m (11') (14'8 maximum)
With a double glazed window to the front, radiator, exposed ceiling timber, access hatch to loft storage space and with two double wardrobe cupboards provided with hanging rails and storage shelving.
The Shower Room 2.31m (7'7) x 1.83m (6')
Well appointed and with a wide walk-in shower cubicle with electric shower unit and tiled walls, pedestal wash basin with mixer tap and low level wc. Fitted mirror with light, velux roof light, extractor unit, exposed ceiling timber, tiled walls and ladder type radiator.
ON THE LOWER GROUND FLOOR:

Cellar Area 4.9m (16'1) x 4.57m (15'0)
With a vaulted brick ceiling with a maximum height of approximately 8'2 and having radiator, extractor vent, part exposed brick walls and concrete floor together with electric light and power points.
OUTSIDE:
At the front of the property is a courtyard garden area. At the rear there is a part walled courtyard which is approximately 15' by 11' and is walled along the rear boundary, there are raised planted borders and the remainder is hard landscaped with a mix of brick paviors and slab stones. The rear garden area enjoys a pleasant southerly aspect.

Council Tax - D

Broadband - Ultrafast available.

Mobile Phone Coverage - Please use to verify mobile coverage of different networks at this address.
SERVICES
It is understood that mains electricity, gas, water and drainage services are connected to the property. Confirmation in respect of mains service supplies should be obtained by the prospective purchaser. None of the electrical goods or other fittings has been tested and they are sold without warranty or undertaking that they are installed to current standards.
VIEWING
Strictly by appointment through the agents, telephone Hereford .
DIRECTIONAL NOTE
What3words - sudden.dads.flag
10th February 2025
ID39808
Disclaimer
Watkins Thomas Ltd. Registered in Cardiff, No: 8037310. These particulars are used on the strict understanding that all negotiations are conducted through WATKINS THOMAS LTD. MISREPRESENTATION ACT - 1967 WATKINS THOMAS LTD, for itself and for the Vendors of this property whose agent it is give notice that: 1. These particulars do not constitute, nor constitute any part of an offer or contract. 2. All statements contained in these particulars as to this property are made without responsibility on the part of WATKINS THOMAS LTD or the Vendor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. The Vendor does not make or give, and neither WATKINS THOMAS LTD nor any person in its employment has authority to make or give any representation or warranty whatsoever in relation to this property.

Agent Details

Watkins Thomas, Hereford

01432 272280

Next Steps?

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