3 Bed Terraced House, Single Let, Hereford, HR4 9LA, £175,000

Moor Street, Hereford, HR4 9LA - 1 views - a month ago

Sold STC
BTL
ROI: 5%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£102.5K - £425K
Sold Prices/m²£1.6K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£217,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£875 - £1,300

Rent Estimate

£975

Running Costs/mo

£762

Cashflow/mo

£213

Cashflow/yr

£2,558

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £102.5K to £425K, average is £228.7K. £1.6K/m² to £3.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£170K05/210.02 mi29, Moor Street, Hereford, Herefordshire HR4 9LA3
£160K11/210.05 mi115, Edgar Street, Hereford, Herefordshire HR4 9JR3
£172.5K01/210.21 mi15, Gladstone Drive, Hereford, Herefordshire HR4 9YD3
£214K09/210.22 mi29, Richmond Street, Hereford, Herefordshire HR4 9JN3
£205K01/210.22 mi32a, Richmond Street, Hereford, Herefordshire HR4 9JN3
£240K06/230.3 mi48, Huskinson Drive, Hereford, Herefordshire HR1 1DB3
£102.5K12/220.31 mi9, Regent Gardens, Hereford, Herefordshire HR1 1EZ3
£229.9K10/210.36 mi20, Holmer Road, Hereford, Herefordshire HR4 9SA3
£170K09/210.36 mi7, Greenland Road, Hereford, Herefordshire HR4 0EQ3
£202K04/210.38 mi9, Mostyn Street, Hereford, Hereford And Worcester HR4 0EG3
£207K12/220.38 mi25, Mostyn Street, Hereford, Herefordshire HR4 0EG3
£248K04/210.38 mi37, Holmer Road, Hereford, Hereford And Worcester HR4 9RX3
£189K12/200.39 mi100, Kingsway, Hereford, Hereford And Worcester HR1 1HB3
£215K12/200.4 mi30, Kings Crescent, Hereford, Herefordshire HR1 1GY3
£227.5K09/210.44 mi50, Alexandra Avenue, Hereford, Herefordshire HR1 1HH3
£256K12/220.45 mi51, Alexandra Avenue, Hereford, Herefordshire HR1 1HH3
£257.5K11/200.45 mi13, College Road, Hereford, Herefordshire HR1 1EE3
£205K05/210.45 mi42, Queensway, Hereford, Herefordshire HR1 1HF3
£186K04/210.45 mi49, Queensway, Hereford, Herefordshire HR1 1HF3
£170K02/210.46 mi1, Princess Avenue, Hereford, Herefordshire HR1 1HJ3
£188K01/210.46 mi4, College Road, Hereford, Herefordshire HR1 1EF3
£222K12/200.46 mi12, College Road, Hereford, Herefordshire HR1 1EF3
£425K01/230.47 mi18, Lingen Avenue, Hereford, Herefordshire HR1 1BY3
£265K05/210.48 mi35, Grandstand Road, Hereford, Herefordshire HR4 9NE3
£290K05/210.48 mi1, Bedford Street, Hereford, Hereford And Worcester HR4 0DR3
£147K05/210.49 mi30, Bryngwyn Close, Hereford, Herefordshire HR1 1EW3
£250K03/210.49 mi81, East Street, Hereford, Herefordshire HR1 2LU3
£250K06/210.5 mi10, Link Road, Hereford, Herefordshire HR1 1BG3
£280K07/230.5 mi23, Link Road, Hereford, Herefordshire HR1 1BG3
£205K03/230.5 mi17, Link Road, Hereford, Herefordshire HR1 1BG3
£252K12/220.51 mi7, Link Road, Hereford, Herefordshire HR1 1BG3
£250K02/230.51 mi45, Baysham Street, Hereford, Herefordshire HR4 0ET3
£200K05/210.53 mi4, Vaughan Street, Hereford, Herefordshire HR1 2HD3
£185.9K11/200.53 mi39, Baysham Street, Hereford, Herefordshire HR4 0ET3
£205K12/200.53 mi63, Baysham Street, Hereford, Herefordshire HR4 0ET3
£230K05/210.53 mi51, Baysham Street, Hereford, Herefordshire HR4 0ET3
£235K04/210.53 mi111, Baysham Street, Hereford, Hereford And Worcester HR4 0ET3
£263.5K11/220.55 mi102, Baysham Street, Hereford, Herefordshire HR4 0EU3
£240K02/230.55 mi74, Baysham Street, Hereford, Herefordshire HR4 0EU3
£263.5K03/230.55 mi61, St Guthlac Street, Hereford, Herefordshire HR1 2EX3
£239K02/210.59 mi51, Chandos Street, Hereford, Hereford And Worcester HR4 0EY3
£245K05/210.59 mi34, Moreland Avenue, Hereford, Hereford And Worcester HR1 1BN3
£159.9K03/210.6 mi83, Queensway, Hereford, Herefordshire HR1 1HG3
£209.5K04/230.6 mi34, Kernal Road, Hereford, Herefordshire HR4 0PR3
£239.9K03/210.6 mi52, Ryelands Street, Hereford, Herefordshire HR4 0LB3
£230K12/220.61 mi27, Cornewall Street, Hereford, Herefordshire HR4 0HE3
£181K03/210.62 mi158, Queensway, Hereford, Hereford And Worcester HR1 1HQ3
£256.5K05/210.63 mi20, Moreland Avenue, Hereford, Herefordshire HR1 1BL3
£270K02/230.64 mi18, Cornewall Street, Hereford, Herefordshire HR4 0HF3
£270K02/230.64 mi20, Cornewall Street, Hereford, Herefordshire HR4 0HF3

Local Rents

13 rents from £875/mo to £1.3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99505/240.34 miMortimer Road, Hereford3
£1,10008/240.35 mi-3
£99502/240.38 mi-3
£87504/240.56 miBridge Street, HEREFORD3
£1,30012/240.64 mi-3
£1,20012/240.75 miSt. Owen Street, Hereford3
£99512/240.75 mi-3
£1,10012/240.84 mi-3
£99512/241 miWhittern Way, HEREFORD3
£97512/241.14 mi-3
£97508/241.14 mi-3
£1,10004/241.15 miHedgerow Way, Holmer, Hereford3
£1,10005/241.15 miHedgerow Way, Holmer, Hereford3

Local Area Statistics

Population in HR4

29,988

Population in Hereford

101,068

Town centre distance

3.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+32%

Property History

Listed for £175,000

March 1, 2025

Floor Plans

Description

'Situated to the north of Hereford close to the City Centre a three bedroom mid terraced property with gas central heating, double glazing and enclosed rear garden'
LOCATION
The property is located to the north of Hereford City just off Edgar Street which is close to Hereford City Centre. 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 three bedroom mid terraced home with gas central heating, double glazing and enclosed rear garden. The property comprises entrance hall, sitting room, kitchen/dining room, inner hallway, downstairs bathroom, first floor landing with access to three bedrooms. In more detail the accommodation comprises:
ON THE GROUND FLOOR:

Entrance Hall
A upvc double glazed panel entrance door leading to the entrance hall with stairs to the first floor and door to the sitting room.
Sitting Room 3.91m (12'10) x 3.4m (11'2) (maximum)
With front aspect double glazed window, panelled radiator and door to the kitchen/dining room.
Kitchen/Dining Room 4.29m (14'1) x 2.41m (7'11)
With rear aspect double glazed window, a range of units comprising stainless steel 1½ bowl sink drainer unit with work surfaces, tiled splash backs, base units under with matching wall units, plumbing and space for washing machine, integrated electric oven and hob with cooker hood over, panelled radiator, space for table, understairs storage cupboard, tiled flooring and access to inner hallway.
Inner Hallway
With side aspect double glazed upvc door, cupboard housing the gas central heating boiler, door to the bathroom and tiled flooring.
Bathroom 2.36m (7'9) x 1.45m (4'9)
With rear aspect double glazed window, suite comprising panel enclosed bath with mixer tap and electric shower over. Low flush wc, pedestal mounted wash hand basin, partially tiled wall surround, panelled radiator and tiled flooring.
ON THE FIRST FLOOR:

Landing
With access hatch to loft space, smoke alarm and doors to bedrooms.
Bedroom 1 4.34m (14'3) (maximum) x 2.95m (9'8)
With front aspect double glazed window and panelled radiator.
Bedroom 2 3.45m (11'4) (maximum) x 2.11m (6'11)
With rear aspect double glazed window, panelled radiator and airing cupboard with shelving and panelled radiator.
Bedroom 3 2.51m (8'3) x 2.13m (7')
With rear aspect double glazed window and panelled radiator.
OUTSIDE:
To the immediate rear of the property is a brick paved patio leading to a further concrete patio which gives access to a path leading to the main garden which is laid to lawn. There are shrub borders and a path continues to the rear of the garden where there is a storage shed and a rear access gate. The garden is enclosed by fencing and walling to provide a degree of privacy and also has the added benefit of an outside tap.
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 from the centre of Hereford along Edgar Street turning left into Moor Street where the property is located on the right hand side as indicated by the agents for sale board.
26th February 2025
ID39892
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 💪