3 Bed Terraced House, Single Let, Hereford, HR2 6AR, £215,000

Lilac Grove, Hinton, Hereford, HR2 6AR - 2 views - 2 months ago

BTL
ROI: 2%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£145K - £315K
Sold Prices/m²£1.8K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£217,830

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£875 - £1,350

Rent Estimate

£963

Running Costs/mo

£884

Cashflow/mo

£79

Cashflow/yr

£942

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £145K to £315K, average is £212K. £1.8K/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£160K05/210.09 mi32, Chestnut Drive, Hereford, Herefordshire HR2 6AY3
£186K02/210.1 mi18, Hoarwithy Road, Hereford, Herefordshire HR2 6HA3
£152K10/200.11 mi11, Hawthorn Grove, Hereford, Herefordshire HR2 6AU3
£150K01/210.11 mi22, Hawthorn Grove, Hereford, Herefordshire HR2 6AU3
£245K07/230.12 mi11, Dinedor Avenue, Hereford, Herefordshire HR2 6DW3
£220K07/210.12 mi4, Willow Grove, Hereford, Herefordshire HR2 6BB3
£217K04/210.12 mi7, Lime Grove, Hereford, Hereford And Worcester HR2 6AL3
£257K12/220.13 mi20, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£190K02/210.14 mi28, Holme Lacy Road, Hereford, Herefordshire HR2 6BY3
£215K04/210.14 mi12, Walton Close, Hereford, Hereford And Worcester HR2 6BJ3
£207.5K01/210.14 mi7, Walton Close, Hereford, Hereford And Worcester HR2 6BJ3
£204.9K06/210.15 mi21, Broad Leys Crescent, Hereford, Herefordshire HR2 7RT3
£210K07/230.16 mi54, Holme Lacy Road, Hereford, Herefordshire HR2 6DA3
£183K10/210.17 mi27, Oak Avenue, Hereford, Herefordshire HR2 6AH3
£212K06/210.18 mi6, Granary Grove, Hereford, Herefordshire HR2 6RZ3
£190K04/210.19 mi4, Web Tree Avenue, Hereford, Herefordshire HR2 6HG3
£279.9K06/210.19 mi179, Ross Road, Hereford, Herefordshire HR2 7RP3
£315K01/230.19 mi103, Holme Lacy Road, Hereford, Herefordshire HR2 6DF3
£204K12/200.22 mi142, Hinton Road, Hereford, Herefordshire HR2 6BW3
£215K04/230.22 mi109, Hinton Road, Hereford, Herefordshire HR2 6BN3
£174K02/210.23 mi116, Hinton Road, Hereford, Hereford And Worcester HR2 6BN3
£160K12/200.23 mi112, Hinton Road, Hereford, Herefordshire HR2 6BN3
£240K07/210.23 mi112, Hinton Road, Hereford, Herefordshire HR2 6BN3
£211K03/210.23 mi109, Hinton Road, Hereford, Herefordshire HR2 6BN3
£215K03/210.23 mi17, Garrick Avenue, Hereford, Herefordshire HR2 7RU3
£243K02/230.23 mi98, Hinton Road, Hereford, Herefordshire HR2 6BN3
£245K04/230.24 mi2, Stable Drive, Hereford, Herefordshire HR2 6SH3
£145K01/210.25 mi29, Hinton Crescent, Hereford, Herefordshire HR2 6AD3
£178K04/210.25 mi35, Hinton Crescent, Hereford, Herefordshire HR2 6AD3
£218K10/200.25 mi5, Kemble Close, Hereford, Herefordshire HR2 7SB3
£263K01/230.25 mi195, Ross Road, Hereford, Herefordshire HR2 7RR3
£230K02/230.26 mi9, Hollybush Walk, Hereford, Herefordshire HR2 6AF3
£215K11/200.26 mi102, Ross Road, Hereford, Herefordshire HR2 7RW3
£218K02/210.27 mi13, Peregrine Close, Hereford, Herefordshire HR2 6BS3
£212K12/200.27 mi16, Peregrine Close, Hereford, Herefordshire HR2 6BS3
£195K07/210.28 mi1, Acacia Close, Hereford, Herefordshire HR2 6BP3
£220K03/210.29 mi1, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£262.5K12/220.29 mi5, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£235K04/210.29 mi8, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£256K02/230.3 mi41, Hillside Avenue, Hereford, Herefordshire HR2 7LG3
£188.5K11/210.31 mi13, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£183K02/210.31 mi4, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£170K12/200.31 mi12, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£255K06/210.31 mi43, Manor Road, Hereford, Hereford And Worcester HR2 6HN3
£198.5K12/200.31 mi1, Manor Road, Hereford, Herefordshire HR2 6HN3
£220K10/210.32 mi127, Holme Lacy Road, Hereford, Herefordshire HR2 6DG3
£220K06/210.32 mi41, Poppy Walk, Hereford, Herefordshire HR2 6SP3
£185K06/230.33 mi22, Ridgeway Avenue, Hereford, Herefordshire HR2 6HW3
£177.5K02/230.33 mi39, Ridgeway Avenue, Hereford, Herefordshire HR2 6HW3
£175K11/210.34 mi5, Cobhall Close, Hereford, Herefordshire HR2 7LL3

Local Rents

14 rents from £875/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15004/240.14 miWalton Close, HEREFORD3
£1,15012/240.34 miThe Hawthorns, Hereford3
£99504/240.52 miEscley Drive, HEREFORD3
£1,05012/240.66 miNew Kilvert Road, HEREFORD3
£99512/240.7 mi-3
£87504/240.72 miBridge Street, HEREFORD3
£1,20012/240.73 miSt. Owen Street, Hereford3
£95012/240.87 mi-3
£97509/240.87 mi-3
£97509/240.87 mi-3
£1,10012/240.94 mi-3
£1,30012/241 mi-3
£1,30012/241 mi-3
£1,35012/241 mi-3

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

4.85 miles away

Nearest school

0.30 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £215,000

February 12, 2025

Floor Plans

Description

'Situated to the south of Hereford City a well presented three bedroom end terraced property with gas central heating, double glazing, enclosed rear garden and the benefit of solar panels'
LOCATION
The property is located to the south of Hereford City in the well established residential location of Hinton. In the area are a range of amenities and Hereford as a whole offers a wide range of shopping, leisure and recreational facilities together with educational establishments and both bus and railway stations.
DESCRIPTION
The subject property is a well presented three bedroom end of terrace family home with gas central heating, double glazing and also benefits from the addition of solar panels. The property has an enclosed rear garden and a hard standing area to the front. The accommodation comprises entrance hall, sitting room, kitchen/dining room, utility area, on the first floor are three bedrooms and shower room. In more detail the accommodation comprises:
ON THE GROUND FLOOR:

Canopy Entrance Porch
With front aspect double glazed entrance door leading to the entrance hall.
Entrance Hall
With stairs to the first floor, panelled radiator and door to the sitting room.
Sitting Room 4.14m (13'7) x 4.09m (13'5) (maximum)
With front aspect double glazed window with shutters, electric fire with decorative surround, understairs storage cupboard, coved ceiling, television point and door to the kitchen/dining room.
Kitchen/Dining Room 5.05m (16'7) x 2.59m (8'6)
With rear aspect double glazed window. A range of units comprising 1½ bowl sink drainer unit with work surfaces, splash backs, base units under with matching wall units, integrated dishwasher, integrated electric oven, hob and cooker hood over. Space for upright fridge freezer, space for dining table, panelled radiator, pantry with side aspect double glazed window, laminate flooring and access to the utility area.
Utility Area 2.39m (7'10) x 1.52m (5'0)
With side aspect double glazed window, rear aspect double glazed door giving access to the rear garden, work surface, plumbing and space for washing machine, base units, wall units, space for tumble dryer, space for fridge freezer and laminate flooring.
ON THE FIRST FLOOR:

Landing
With side aspect double glazed window, access hatch to the loft space which is partially boarded and houses the Worcester gas central heating boiler and invertor for the solar panels.
Bedroom 1 5.03m (16'6) (maximum) x 3.2m (10'6)
With two front aspect double glazed windows and shutters, panelled radiator and storage cupboard.
Bedroom 2 3.61m (11'10) x 2.54m (8'4) (maximum)
With rear aspect double glazed window with roller blind, airing cupboard and panelled radiator.
Bedroom 3 2.44m (8'0) x 2.13m (7') (plus door recess)
With rear aspect double glazed window, roller blind and panelled radiator.
Shower Room
With side aspect double glazed window, shower cubicle with thermostatically controlled shower, low flush wc, wash hand basin, fully tiled wall surround, panelled radiator and vinyl flooring.
OUTSIDE:
To the front of the property is a hard standing area with side path giving access to the rear garden. To the immediate rear of the property is a patio area leading to the main garden which is laid to lawn with various shrub borders. A path leads to the rear of the garden where there is a further patio. The garden also benefits from outside power point, tap and lighting. The garden is enclosed by fencing to provide a degree of privacy.
Agents Note
Please be aware that there is a right of way access path across the rear of the property for the neighbouring property.
COUNCIL TAX BAND B
Payable to Herefordshire Council
BROADBAND & MOBILE PHONE COVERAGE
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
Proceed out of Hereford along the Ross Road. On reaching the traffic lights turn left onto Holme Lacy Road. Take the third left into Hinton Avenue and first left into Lilac Grove where the property is located on the right hand side as indicated by the board.
10th February 2025
ID40054
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?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪