2 Bed Terraced House, Single Let, Ledbury, HR8 1BS, £68,000

233 The Homend, Ledbury, Herefordshire HR8 1BS - 2 months ago

Sold STC
Auction
BTL
ROI: 20%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£82.5K - £325K
Sold Prices/m²£2.3K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£998/m²

Value Estimate

£82,960
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,000

Stamp Duty & Legal Fees

£4,600

Total Cash In

£21,600

 

 

Cash Out

 

Rent Range

£695 - £1,900

Rent Estimate

£734

Running Costs/mo

£379

Cashflow/mo

£355

Cashflow/yr

£4,256

ROI

20%

Gross Yield

13%

Local Sold Prices

50 sold prices from £82.5K to £325K, average is £206.5K. £2.3K/m² to £4.8K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£171K10/200.01 mi229, The Homend, Ledbury, Herefordshire HR8 1BS2
£300K08/210.13 miHorseshoe Cottage, 39, The Homend, Ledbury, Herefordshire HR8 1BP2
£185K10/220.16 mi69, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£168K10/200.16 mi75, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£168K10/200.16 mi75, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£181K03/210.16 mi92, Robinsons Meadow, Ledbury, Worcestershire HR8 1SX2
£170K03/210.16 mi72, Robinsons Meadow, Ledbury, Worcestershire HR8 1SX2
£185K06/210.16 mi67, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£210K04/230.16 mi72, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£210K07/230.16 mi63, Robinsons Meadow, Ledbury, Herefordshire HR8 1SX2
£220K06/210.23 mi5, Audley Croft, Ledbury, Herefordshire HR8 1BD2
£256K06/210.25 mi8, Upperhall Close, Ledbury, Herefordshire HR8 1SZ2
£230K03/210.25 mi3, Upperhall Close, Ledbury, Herefordshire HR8 1SZ2
£215K01/230.26 mi12, Northmead, Ledbury, Herefordshire HR8 1BE2
£207K12/200.28 miThe Cottage, Church Street, Ledbury, Worcestershire HR8 1DH2
£225K11/220.29 mi3, Callow End, Ledbury, Herefordshire HR8 1BG2
£235.5K04/230.29 mi15, Browning Road, Ledbury, Herefordshire HR8 2GA2
£225K03/230.29 mi21, Browning Road, Ledbury, Herefordshire HR8 2GA2
£235K02/230.29 mi12, Queensway, Ledbury, Herefordshire HR8 2AY2
£200K09/220.33 mi31, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£280K04/210.34 mi3, Kingsmead, Ledbury, Herefordshire HR8 2LS2
£159K12/200.34 mi62, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£82.5K06/210.34 mi66, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£175K11/210.34 mi47, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£178K04/210.34 mi54, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£215K07/220.34 mi28, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£185K06/220.34 mi64, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£192K11/220.34 mi41, Bridge Street, Ledbury, Herefordshire HR8 2AH2
£178K07/210.36 mi9, Challenger Close, Ledbury, Herefordshire HR8 2PW2
£208K06/230.36 mi8, Challenger Close, Ledbury, Herefordshire HR8 2PW2
£160K06/210.39 mi2, Queens Court, Ledbury, Herefordshire HR8 2AL2
£137K04/210.39 mi41, Queens Court, Ledbury, Herefordshire HR8 2AL2
£160K06/220.39 mi48, Queens Court, Ledbury, Herefordshire HR8 2AL2
£160K01/210.39 mi104, Bridge Street, Ledbury, Herefordshire HR8 2AN2
£202.5K11/200.41 mi4, Viking Way, Ledbury, Worcestershire HR8 2DU2
£325K02/230.44 mi26, The Southend, Ledbury, Herefordshire HR8 2EY2
£215K12/220.45 mi42, Bronte Drive, Ledbury, Herefordshire HR8 2FZ2
£205K08/230.47 mi17, Gibson Road, Ledbury, Herefordshire HR8 2US2
£189.9K02/210.47 mi24, Gibson Road, Ledbury, Worcestershire HR8 2US2
£180K02/210.47 mi8, Gibson Road, Ledbury, Worcestershire HR8 2US2
£220K05/220.47 mi14, Gibson Road, Ledbury, Herefordshire HR8 2US2
£215K09/220.47 mi3, Gibson Road, Ledbury, Herefordshire HR8 2US2
£210K11/210.5 mi10, Lady Somerset Drive, Ledbury, Herefordshire HR8 2FF2
£185K03/210.5 mi40, Prince Rupert Road, Ledbury, Herefordshire HR8 2FA2
£236K12/220.63 mi18, Bray Avenue, Ledbury, Herefordshire HR8 2HH2
£220K01/210.66 mi61, Churchill Meadows, Ledbury, Herefordshire HR8 2DQ2
£215K06/210.67 mi70, Oakland Drive, Ledbury, Herefordshire HR8 2EX2
£220K09/210.67 mi72, Oakland Drive, Ledbury, Worcestershire HR8 2EX2
£228K10/220.67 mi66, Oakland Drive, Ledbury, Herefordshire HR8 2EX2
£206K06/210.68 mi85, Oakland Drive, Ledbury, Herefordshire HR8 2EX2

Local Rents

22 rents from £695/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10009/240.09 mi-2
£69512/240.15 miThe Homend, Ledbury, Ledbury1
£82512/240.15 miThe Homend, Ledbury, Ledbury2
£1,90012/240.18 miNewbury Park, Ledbury, Herefordshire, HR84
£1,44505/240.3 mi-4
£1,44512/240.3 miThe Mews, Ledbury, HR84
£1,39505/240.3 mi-4
£1,39512/240.3 mi-4
£74012/240.35 mi-2
£1,10012/240.44 mi-3
£1,07512/240.49 mi-2
£95012/240.64 miFoxdene, Albert Road, Ledbury, Herefordshire, HR83
£95012/240.73 mi-3
£95011/240.75 mi-3
£85004/240.75 miRusset Close, Ledbury, Herefordshire, HR83
£90002/250.93 mi-3
£1,25012/241.01 mi-4
£1,10012/241.01 mi-3
£1,10007/241.01 mi-3
£1,25012/241.06 miKipling Road, Ledbury, Herefordshire, HR83
£1,50003/241.16 miThe Granary, Hazel Farm, Ledbury HR8 2HT3
£1,18008/232.09 miPriors Court, Staplow, Hollow Lane, Ledbury, Herefordshire, HR83

Local Area Statistics

Population in HR8

14,179

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental growth (12m)

+42%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Listed for £68,000

February 12, 2025

Description

  • GUIDE PRICE - £68,000+ +

Bidding opens Monday 10th March 2025 at Midday and closes Wednesday 12th March 2025 at Midday. Mid Terraced Cottage In Need Of Refurbishment. Grade II Listed two bedroom cottage is located just along from the main street of the bustling town of Ledbury within walking distance of all the shops, bars and restaurant as well as the main Tesco Supermarket literally over the road. The property requires refurbishment throughout although some works have been completed to the first floor bedrooms. Ground Floor Entrance hall, living room, spacious kitchen, bathroom and a dilapidated lean to conservatory.
First Floor Two bedrooms and WC (not fitted).
Outside Rear garden.
Viewings Auction House Wales. Please call, to book an appointment.
COUNCIL TAX BAND - C Tenure: Freehold Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House Wales, Wales

01633 603922

Next Steps?

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