3 Bed Semi-Detached House, Refurb/BRRR, Hereford, HR2 7NS, £120,000

Marlbrook Road, Hereford, Herefordshire, HR2 7NS - 2 views - 2 months ago

Sold STC
Auction
Cash
Refurb/BRRR
~93 m²
+7 photos

ValuationFair Value

Sold Prices£80K - £263K
Sold Prices/m²£1K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£120,000

 

 

End Value (After Refurb)

£219,409

Uplift in Value

+83%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Refurb Costs

£37,702

Bridging Loan Interest

£3,150

Total Cash In

£77,402

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£219,409

Agent Fees (1%)

£2,194

Bridging Loan

£90,000

Bridging Loan Interest

£3,150

Flip Profit

£49,813

Local Sold Prices

50 sold prices from £80K to £263K, average is £195K. £1K/m² to £6.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£242K12/220.08 mi4, Bardolph Close, Hereford, Herefordshire HR2 7QA3
£163K02/210.08 mi26, Marlbrook Road, Hereford, Herefordshire HR2 7NS3
£210K09/210.09 mi16, Beaufort Avenue, Hereford, Herefordshire HR2 7QD3
£199.9K09/210.11 mi11, Falstaff Road, Hereford, Herefordshire HR2 7QF3
£222K01/230.11 mi9, Falstaff Road, Hereford, Herefordshire HR2 7QF3
£187.5K06/210.12 mi4, Quicksetts, Hereford, Hereford And Worcester HR2 7PP3
£255K07/210.19 mi275, Ross Road, Hereford, Herefordshire HR2 7QJ3
£235K11/210.21 mi48, Honddu Close, Hereford, Herefordshire HR2 7NY3
£170K08/210.22 mi14, Grafton Walk, Hereford, Herefordshire HR2 7QS3
£120K06/210.23 mi38, Ethelstan Crescent, Hereford, Herefordshire HR2 7HR3
£195K05/230.23 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£172.5K02/210.23 mi57, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£222.5K01/230.24 mi31, Stanberrow Road, Hereford, Herefordshire HR2 7NE3
£175K11/210.28 mi77, Brampton Road, Hereford, Herefordshire HR2 7DQ3
£157.5K10/200.28 mi75, Brampton Road, Hereford, Herefordshire HR2 7DQ3
£200K07/210.28 mi11, Honddu Close, Hereford, Herefordshire HR2 7NX3
£175K11/210.31 mi5, Cobhall Close, Hereford, Herefordshire HR2 7LL3
£200K07/230.31 mi8, Cobhall Close, Hereford, Herefordshire HR2 7LL3
£185K05/210.32 mi41, Charlton Avenue, Hereford, Herefordshire HR2 7HP3
£220K03/210.33 mi1, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£262.5K12/220.33 mi5, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£235K04/210.33 mi8, Bradbury Close, Hereford, Herefordshire HR2 7RX3
£220K07/230.34 mi56, Hillside Avenue, Hereford, Herefordshire HR2 7LQ3
£163K03/210.34 mi15, Kilpeck Avenue, Hereford, Herefordshire HR2 7DT3
£197.5K12/200.34 mi1, Clover Piece Walk, Hereford, Herefordshire HR2 7SZ3
£239.9K06/230.34 mi6, Clover Piece Walk, Hereford, Herefordshire HR2 7SZ3
£188.5K11/210.34 mi13, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£183K02/210.34 mi4, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£170K12/200.34 mi12, Riddimore Avenue, Hereford, Herefordshire HR2 7LJ3
£195K12/220.35 mi5, Ludlow Place, Hereford, Herefordshire HR2 7EB3
£133.5K08/210.36 mi5, Ludlow Place, Hereford, Herefordshire HR2 7EB3
£146K06/210.36 mi14, Skenfrith Walk, Hereford, Herefordshire HR2 7DP3
£195K06/230.37 mi9, Weobley Close, Hereford, Herefordshire HR2 7EJ3
£115K12/200.37 mi94, Stanberrow Road, Hereford, Herefordshire HR2 7NB3
£80K04/210.37 mi1, Grosmont Grove, Hereford, Herefordshire HR2 7EG3
£256K02/230.37 mi41, Hillside Avenue, Hereford, Herefordshire HR2 7LG3
£263K01/230.38 mi195, Ross Road, Hereford, Herefordshire HR2 7RR3
£218K10/200.38 mi5, Kemble Close, Hereford, Herefordshire HR2 7SB3
£179.5K01/210.38 mi18, Waterfield Road, Hereford, Herefordshire HR2 7DD3
£215K12/200.39 mi1, Campbell Close, Hereford, Herefordshire HR2 6GH3
£180K10/210.39 mi3, Brampton Road, Hereford, Herefordshire HR2 7DE3
£215K03/210.4 mi17, Garrick Avenue, Hereford, Herefordshire HR2 7RU3
£256K02/230.41 mi27, Thoresby Drive, Hereford, Herefordshire HR2 7RF3
£210K08/210.41 mi27, Thoresby Drive, Hereford, Herefordshire HR2 7RF3
£180K12/210.41 mi34, Kilpeck Avenue, Hereford, Hereford And Worcester HR2 7DS3
£210K06/210.41 mi11, Lacey Way, Hereford, Herefordshire HR2 7PB3
£182.5K08/210.42 mi4, Brobury Close, Hereford, Herefordshire HR2 7JB3
£230K01/230.42 mi34, Waterfield Road, Hereford, Herefordshire HR2 7ES3
£160K03/210.44 mi37, Waterfield Road, Hereford, Herefordshire HR2 7EL3
£190K04/210.44 mi4, Web Tree Avenue, Hereford, Herefordshire HR2 6HG3

Local Rents

53 rents from £469/mo to £1.6K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£95012/240.36 mi-3
£97510/240.36 mi-3
£97510/240.36 mi-3
£88512/240.38 miCider Press Drive, Hereford, HR22
£70011/240.39 mi-1
£1,05012/240.4 miNew Kilvert Road, HEREFORD3
£65101/250.42 mi-4
£85008/230.44 mi-2
£67512/240.45 miBlakemore Close, HEREFORD2
£62508/230.48 mi-1
£99504/240.51 miEscley Drive, HEREFORD3
£1,15012/240.51 miThe Hawthorns, Hereford3
£86504/240.56 miCoppin Rise, Belmont, HEREFORD2
£85012/240.59 miFlaxley Drive, Hereford2
£70012/240.63 miBelmont Road, Hereford, HR21
£70012/240.63 mi-1
£65012/240.66 miHolme Lacy Road, Hereford, HR21
£1,15004/240.7 miWalton Close, HEREFORD3
£85004/240.7 miHolm Oak Road, Belmont, HEREFORD2
£1,60004/240.72 miHereford, Herefordshire, HR26
£46908/240.72 mi-1
£1,05012/240.73 miHawthorn Grove, Hereford, Herefordshire, HR2 6AU2
£82512/240.75 miBelmont Road, Belmont, Hereford, HR22
£89504/250.75 mi-2
£79512/240.75 mi-1
£79512/240.75 mi-1
£62512/240.75 miBelmont, Hereford1
£69504/240.77 miBlackthorn Close, Belmont, HEREFORD1
£80004/250.78 mi-2
£82012/240.83 miThe Pastures, Hereford, HR22
£60012/240.84 miPeregrine Close, Hereford, HR21
£95012/240.85 miWestholme Road, Belmont, HEREFORD3
£82504/240.85 mi-2
£62503/250.91 mi-1
£1,60012/241.04 miDorchester Way, Hereford, HR26
£79503/241.08 mi-1
£67511/241.08 mi-1
£69502/251.09 mi-1
£67512/241.11 miSt James, Hereford1
£75003/251.13 mi-1
£87504/241.18 miBridge Street, HEREFORD3
£1,25004/241.19 miBridge Street, Hereford4
£1,50008/241.24 mi-5
£1,50008/241.24 mi-5
£72004/241.24 miOld Mill Close, HEREFORD1
£80011/231.25 mi-2
£84003/241.26 mi-2
£64505/241.29 miKernal Road, Hereford1
£99512/241.3 mi-3
£89502/251.32 mi-2
£49502/251.32 mi-1
£1,20012/241.34 miSt. Owen Street, Hereford3
£65002/241.36 miEast Street, Hereford, HR11

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

5.19 miles away

Nearest school

0.10 miles away

Nearest train station

1.83 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £120,000

February 27, 2025

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Cash buyers preferred +
  • 3 Bedrooms; Semi-Detached +
  • Ideal for Developers +
  • Renovation Project Opportunity +
  • Private Garden With Outbuilding +

A 3 Bedroom Semi-Detached House Located on Marlbrook Road in Hereford, offering significant potential for those seeking a renovation project, ideal for developers, investors, or those looking to create a personalised family home.

Entrance Hall – Sitting Room – Kitchen/Dining Room – Storage – Landing – 2 Double Bedrooms – Single Bedroom – Bathroom – Separate WC – Rear Garden – Outbuilding – Front Lawn

This house requires complete modernisation throughout but offers solid potential.

The rear garden is a notable feature, with ample space for landscaping or outdoor improvements.

The property includes a well-proportioned sitting room, a kitchen/dining room with rear access, and three bedrooms on the first floor, alongside a bathroom and separate WC.

The property also benefits from an outbuilding for additional storage or utility purposes.

Gas Central Heating Available
Double Glazed Throughout

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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