3 Bed Semi-Detached House, Refurb/BRRR, Ledbury, HR8 2PD, £285,000

3 Kynaston Council Houses, Kynaston, Ledbury, Herefordshire HR8 2PD - 8 views - 2 months ago

Sold STC

Refurb/BRRR

~93 m²

+13 photos

ValuationFair Value

Sold Prices	£375K - £495K
Sold Prices/m²	£4.2K/m² - £4.2K/m²

Square Metres	~93 m²
Price/m²	£3.1K/m²
Value Estimate	£285,000£285,000

End Value (After Refurb)	£387,107£387,107
Uplift in Value	+36%+36%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£71,250£71,250
Stamp Duty & Legal Fees	£11,500£11,500
Refurb Costs	£37,699£37,699
Bridging Loan Interest	£7,481£7,481
Total Cash In	£129,681£129,681

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£387,107£387,107
Agent Fees (1%)	£3,871£3,871
Bridging Loan	£213,750£213,750
Bridging Loan Interest	£7,481£7,481
Flip Profit	£39,805£39,805

Local Sold Prices

2 sold prices from £375K to £495K, average is £435K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£375K	10/20	1.12 mi	Homestead, Putley Green, Putley, Ledbury, Worcestershire HR8 2QN	£4,235	89	3	Detached House
£495K	11/22	2.12 mi	Beechwood, Monks Meadow, Much Marcle, Ledbury, Herefordshire HR8 2NF	-	-	3	Detached House

Local Rents

Not enough data

Local Area Statistics

Population in HR8	14,17914,179
Town centre distance	4.05 miles away4.05 miles away
Nearest school	2 miles away2 miles away
Nearest train station	4.45 miles away4.45 miles away

Rental growth (12m)	+42%+42%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £285,000

February 24, 2025

Description

Requires modernisation and refurbishment +
Three bedrooms +
Ideal first buyer/small family accommodation +
No onward chain! +
Front & rear gardens +
Rural location +

Situated in the rural hamlet of Kynaston, a three bedroom semi detached house offering ideal first time buyer/family accommodation. The property offers fantastic potential and requires renovation/modernisation throughout. Benefitting from a great sized front and rear gardens, three bedrooms, two receptions, utility and downstairs W/C. The property has the added benefit of being sold with no onward chain. Kynaston is located approximately 10 miles to the east of Hereford and 7 miles west of the picturesque market town of Ledbury, both offering fantastic amenities and great transport links.

Agent Details

Flint & Cook, Hereford

01432 802254

Next Steps?

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