2 Bed Detached House, Single Let, Hereford, HR1 4NN, £485,000

Fownhope, Hereford, HR1 4NN - a month ago

BTL
~68 m²
+15 photos

Valuation

Sold Prices£193K - £247.5K
Sold Prices/m²£2.1K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.1K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£37,200

Total Cash In

£158,450

 

 

Cash Out

 

Rent Range

£1,500 - £1,575

Rent Estimate

£1,500

Running Costs/mo

£1,836

Cashflow/mo

£-336

Cashflow/yr

£-4,027

Gross Yield

4%

Local Sold Prices

2 sold prices from £193K to £247.5K, average is £220.3K.

PriceDateDistanceAddressBeds 
£247.5K04/230.08 mi7, Fairfield Green, Fownhope, Hereford, Herefordshire HR1 4NL2
£193K02/210.08 mi7, Fairfield Green, Fownhope, Hereford, Herefordshire HR1 4NL2

Local Rents

2 rents from £1.5K/mo to £1.6K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,57504/250.32 mi-3
£1,50003/241.02 miHolme Lacy, Hereford3

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

8.83 miles away

Nearest school

0.30 miles away

Nearest train station

5.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £485,000

March 4, 2025

Floor Plans

Description

  • Unique designed single storey dwelling +
  • Exclusive village location +
  • 2 Bedrooms both with En-suites +
  • Under floor heating +
  • Spacious open-plan accommodation +
  • Off-road parking +
  • Internal courtyard garden +
  • Viewing highly recommended +

A unique, individually designed single storey dwelling, in a prime village location, 2 bedrooms (both ensuite), open plan living space, off road parking, stunning integral courtyard. This charming, detached property is pleasantly located in the centre of the highly favoured village of Fownhope which lies between the cathedral city of Hereford (7 miles) and the market town of Ross-on-Wye (9miles with the M50 motorway link – Junction 3). Within the village there is a shop/post office, a butchers, 2 public houses, an exclusive health and leisure club (Wye Leisure), a doctors’ surgery, village hall, church, sports playing field, a primary school and the property is within the catchment area for Bishop Blue Coat secondary school. Constructed in a contemporary style using traditional materials and designed for ease of maintenance with low running costs the property benefits from gas powered under floor heating, a mechanical heat recovery system, powder coated aluminium double-glazed windows, lovely open plan living space which opens directly on the internal courtyard and there are 2 double bedrooms which both have ensuites and off road parking.

Agent Details

Flint & Cook, Hereford

01432 802254

Next Steps?

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