4 Bed Detached House, Refurb/BRRR, Hereford, HR1 1TE, £445,000

8 Johns Croft, Hampton Park, Hereford HR1 1TE - 3 views - 2 months ago

Under Offer
Refurb/BRRR
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£215K - £620K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.4K/m²

Value Estimate

£339,818

 

 

End Value (After Refurb)

£401,143

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£111,250

Stamp Duty & Legal Fees

£33,200

Refurb Costs

£52,259

Bridging Loan Interest

£11,681

Total Cash In

£210,140

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£401,143

Mortgage (After Refinance)

£300,857

Mortgage LTV

75%

Cash Left In

£210,140

Equity

£100,286

Rent Range

£875 - £2,800

Rent Estimate

£1,260

Running Costs/mo

£1,526

Cashflow/mo

£-266

Cashflow/yr

£-3,187

Gross Yield

3%

Local Sold Prices

50 sold prices from £215K to £620K, average is £342.5K. £1.8K/m² to £4.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£620K12/220.06 mi4, Stopford Close, Hereford, Herefordshire HR1 1TW4
£326K11/200.14 mi25, Elgar Avenue, Hereford, Herefordshire HR1 1TY4
£245K06/210.17 mi22, Sedgefield Road, Hereford, Herefordshire HR1 2RR4
£495.4K01/210.23 mi2, Quay Close, Hereford, Herefordshire HR1 2RQ4
£375K01/230.24 mi45, Brockington Drive, Hereford, Herefordshire HR1 1TA4
£275K04/210.26 mi35, Brookside, Hereford, Herefordshire HR1 2RW4
£560K03/230.28 mi32, Hafod Road, Hereford, Herefordshire HR1 1SG4
£393K03/210.29 mi47, Hampton Park Road, Hereford, Herefordshire HR1 1TJ4
£330K05/230.3 mi90, Old Eign Hill, Hereford, Herefordshire HR1 1UB4
£327.5K02/210.32 mi118, Hampton Dene Road, Hereford, Hereford And Worcester HR1 1UJ4
£329.9K12/220.32 mi112, Hampton Dene Road, Hereford, Herefordshire HR1 1UJ4
£460K06/230.35 mi27, Meadow Bank Road, Hereford, Herefordshire HR1 2ST4
£320K04/230.37 mi8, Goldsmith Close, Hereford, Herefordshire HR1 1XE4
£355K06/230.38 mi122, Quarry Road, Hereford, Herefordshire HR1 1SX4
£340K03/230.38 mi32, Siddons Road, Hereford, Herefordshire HR1 1XD4
£270K10/200.4 mi57 - 59, Eign Road, Hereford, Herefordshire HR1 2RU4
£255K06/210.4 mi39, Eign Road, Hereford, Herefordshire HR1 2RU4
£265K12/210.41 mi112, Park Street, Hereford, Herefordshire HR1 2RE4
£293.5K12/200.43 mi18, Lyall Close, Hereford, Herefordshire HR1 1XG4
£325K06/210.45 mi115, Ledbury Road, Hereford, Herefordshire HR1 1RQ4
£470K05/210.45 mi101, Church Road, Hereford, Herefordshire HR1 1RT4
£395K03/230.45 mi65, Church Road, Hereford, Herefordshire HR1 1RS4
£375K08/230.45 mi72, Church Road, Hereford, Herefordshire HR1 1RS4
£270K11/200.47 mi4, Backbury Road, Hereford, Herefordshire HR1 1SD4
£355K06/210.48 mi4, Rosemary Gardens, Hereford, Herefordshire HR1 1UP4
£345K11/200.5 mi5, Lincoln Close, Hereford, Herefordshire HR1 1RX4
£475K06/210.52 mi30, Church Road, Hereford, Hereford And Worcester HR1 1RR4
£370K07/230.52 mi24, Church Road, Hereford, Herefordshire HR1 1RR4
£460K01/230.53 mi8, Winchester Avenue, Hereford, Herefordshire HR1 1QJ4
£410K12/220.54 mi14, Judges Close, Hereford, Herefordshire HR1 2TW4
£375K11/220.55 mi22, Harold Street, Hereford, Herefordshire HR1 2QU4
£465K07/230.57 mi3, Judges Close, Hereford, Herefordshire HR1 2TW4
£235K04/210.59 mi4, Rotherwas Close, Hereford, Herefordshire HR2 6RG4
£215K03/210.59 mi30, Hampton Street, Hereford, Herefordshire HR1 2RA4
£340K04/210.6 mi12, Sudbury Avenue, Hereford, Herefordshire HR1 1YB4
£540K02/210.62 mi7, Holywell Gutter Lane, Hereford, Herefordshire HR1 1XA4
£362.5K06/230.64 mi13, Gaisford Close, Hereford, Herefordshire HR1 1YG4
£350K11/220.64 mi48, Seaton Avenue, Hereford, Herefordshire HR1 1NR4
£485K11/200.65 mi8, Braemar Gardens, Hereford, Herefordshire HR1 1SJ4
£295K01/210.66 mi31, Green Street, Hereford, Hereford And Worcester HR1 2QH4
£330K11/200.67 mi51, Seaton Avenue, Hereford, Herefordshire HR1 1NP4
£287K12/220.68 mi24, Withybrook Close, Hereford, Herefordshire HR2 6RD4
£333.2K11/200.68 mi48, Queens Wood Drive, Hereford, Herefordshire HR1 1AT4
£310K02/210.68 mi4, Queens Wood Drive, Hereford, Herefordshire HR1 1AT4
£228K01/210.69 mi20, The Willows, Lower Bullingham, Hereford, Herefordshire HR2 6DP4
£305K08/210.69 mi3, Nightingale Way, Hereford, Herefordshire HR1 2NQ4
£422.5K01/230.7 mi17, Belgravia Gardens, Hereford, Herefordshire HR1 1RB4
£470K06/210.7 mi19, Southbank Road, Hereford, Herefordshire HR1 2TL4
£525K06/210.7 mi14, Southbank Close, Hereford, Hereford And Worcester HR1 2TQ4
£268K11/200.7 miCorner House, 9, Thistledown Grove, Hereford, Herefordshire HR1 1AZ4

Local Rents

17 rents from £875/mo to £2.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£2,80012/240.1 mi-4
£1,30012/240.12 mi-3
£1,30012/240.12 mi-3
£1,35011/240.12 mi-3
£1,10012/240.45 mi-3
£1,20012/240.62 miSt. Owen Street, Hereford3
£99512/240.64 mi-3
£99512/240.67 miWhittern Way, HEREFORD3
£1,30012/240.77 mi-3
£97512/240.8 mi-3
£97508/240.8 mi-3
£1,60004/240.94 miHereford, Herefordshire, HR26
£1,15004/240.96 miWalton Close, HEREFORD3
£1,25004/241.07 miBridge Street, Hereford4
£87504/241.07 miBridge Street, HEREFORD3
£1,10008/241.16 mi-3
£1,15012/241.21 miThe Hawthorns, Hereford3

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

4.70 miles away

Nearest school

0.40 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £445,000

March 4, 2025

Description

  • Highly sought after location +
  • En-suite bathroom +
  • Spacious 4 bedroom detached house +
  • Double garage & driveway parking +
  • Ideal family home +
  • No onward chain +

Peacefully situated in this highly sought after cul-de-sac position, a spacious 4 bedroom detached house offering ideal family accommodation. Although in need of some modernisation, the property which is offered for sale with no onward chain, has the added benefit of gas central heating, generously sized living accommodation, private rear garden, double garage and ample parking. To fully appreciate this property we highly recommend an internal inspection.

Agent Details

Flint & Cook, Hereford

01432 802254

Next Steps?

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