4 Bed Bungalow, Refurb/BRRR, Hereford, HR2 8AF, £625,000





ValuationOvervalued
Sold Prices | £155K - £495.4K |
Sold Prices/m² | £1.6K/m² - £3K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £4.8K/m² |
Value Estimate | £318,628£318,628 |
| |
End Value (After Refurb) | £356,363£356,363 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £156,250£156,250 |
Stamp Duty & Legal Fees | £51,200£51,200 |
Refurb Costs | £52,400£52,400 |
Bridging Loan Interest | £16,406£16,406 |
Total Cash In | £278,006£278,006 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £356,363£356,363 |
Mortgage (After Refinance) | £267,272£267,272 |
Mortgage LTV | 75%75% |
Cash Left In | £278,006£278,006 |
Equity | £89,091£89,091 |
Rent Range | £469 - £2,800£469 - £2,800 |
Rent Estimate | £917 |
Running Costs/mo | £1,317£1,317 |
Cashflow/mo | £-400£-400 |
Cashflow/yr | £-4,800£-4,800 |
Gross Yield | 2%2% |
Local Sold Prices
44 sold prices from £155K to £495.4K, average is £263.8K. £1.6K/m² to £3K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£295K | 02/21 | 1.04 mi | 5, Hever Road, Lower Bullingham, Hereford, Herefordshire HR2 6EW | £2,757 | 107 | 4 | Detached House | |
£300K | 06/21 | 1.04 mi | 18, The Ploughman, Hereford, Herefordshire HR2 6GG | £2,577 | 116 | 4 | Detached House | |
£350K | 12/21 | 1.07 mi | 14, Upper Field Close, Hereford, Herefordshire HR2 7SW | £2,465 | 142 | 4 | Detached House | |
£262.5K | 12/20 | 1.12 mi | 38, Warwick Road, Lower Bullingham, Hereford, Herefordshire HR2 6FB | £2,574 | 102 | 4 | Detached House | |
£289K | 02/21 | 1.12 mi | 30, Warwick Road, Lower Bullingham, Hereford, Herefordshire HR2 6FB | £2,919 | 99 | 4 | Detached House | |
£359.5K | 12/22 | 1.13 mi | 32, Warwick Road, Lower Bullingham, Hereford, Herefordshire HR2 6FB | £2,762 | 130 | 4 | Detached House | |
£190K | 02/23 | 1.13 mi | 9, Franks Avenue, Hereford, Herefordshire HR2 6HZ | £1,618 | 117 | 4 | Semi-Detached House | |
£232K | 06/21 | 1.13 mi | 42, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,787 | 83 | 4 | Terraced House | |
£262K | 09/21 | 1.13 mi | 58, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,015 | 130 | 4 | Semi-Detached House | |
£245K | 07/23 | 1.13 mi | 35, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,500 | 98 | 4 | Semi-Detached House | |
£305K | 01/21 | 1.13 mi | 15, Bullingham Lane, Hereford, Herefordshire HR2 6RU | £2,243 | 136 | 4 | Detached House | |
£270K | 01/23 | 1.13 mi | 54, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,432 | 111 | 4 | Terraced House | |
£200K | 06/23 | 1.14 mi | 24, Aconbury Avenue, Hereford, Herefordshire HR2 6HR | £1,923 | 104 | 4 | Semi-Detached House | |
£216K | 09/21 | 1.16 mi | 8, Bardolph Close, Hereford, Herefordshire HR2 7QA | - | - | 4 | Terraced House | |
£167.5K | 01/21 | 1.19 mi | 57, Mayne Avenue, Hereford, Herefordshire HR2 6HY | £1,922 | 87 | 4 | Terraced House | |
£302.5K | 03/23 | 1.2 mi | 37, St Clares Court, Lower Bullingham, Hereford, Herefordshire HR2 6PY | £2,725 | 111 | 4 | Detached House | |
£271K | 02/21 | 1.21 mi | 18, St Clares Court, Lower Bullingham, Hereford, Hereford And Worcester HR2 6PX | £2,710 | 100 | 4 | Detached House | |
£347.5K | 08/23 | 1.21 mi | 16, St Clares Court, Lower Bullingham, Hereford, Herefordshire HR2 6PX | - | - | 4 | Detached House | |
£255K | 09/21 | 1.27 mi | 51, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,024 | 126 | 4 | Semi-Detached House | |
£255K | 04/23 | 1.27 mi | 55, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,024 | 126 | 4 | Semi-Detached House | |
£308K | 12/20 | 1.27 mi | 17, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,369 | 130 | 4 | Detached House | |
£245K | 02/21 | 1.31 mi | 2, Harris Court, Lower Bullingham, Hereford, Herefordshire HR2 6FD | - | - | 4 | Detached House | |
£228K | 01/21 | 1.35 mi | 20, The Willows, Lower Bullingham, Hereford, Herefordshire HR2 6DP | £2,533 | 90 | 4 | Semi-Detached House | |
£287K | 12/22 | 1.36 mi | 24, Withybrook Close, Hereford, Herefordshire HR2 6RD | £2,842 | 101 | 4 | Detached House | |
£320K | 09/21 | 1.37 mi | 196, Ross Road, Hereford, Herefordshire HR2 7PL | £2,291 | 140 | 4 | Detached House | |
£280K | 04/21 | 1.38 mi | 11, Putson Avenue, Hereford, Herefordshire HR2 6DT | £2,545 | 110 | 4 | Detached House | |
£287K | 03/21 | 1.38 mi | 140, Hinton Road, Hereford, Herefordshire HR2 6BW | £2,392 | 120 | 4 | Detached House | |
£235K | 04/21 | 1.45 mi | 4, Rotherwas Close, Hereford, Herefordshire HR2 6RG | - | - | 4 | Detached House | |
£178K | 08/21 | 1.46 mi | 2, Birch Grove, Hereford, Herefordshire HR2 6AS | - | - | 4 | Semi-Detached House | |
£195K | 08/21 | 1.47 mi | 120, Brampton Road, Hereford, Herefordshire HR2 7DJ | £2,125 | 92 | 4 | Terraced House | |
£227K | 03/21 | 1.63 mi | 77, Hinton Crescent, Hereford, Herefordshire HR2 6AE | £1,974 | 115 | 4 | Semi-Detached House | |
£155K | 02/21 | 1.72 mi | 71, Waterfield Road, Hereford, Herefordshire HR2 7EN | - | - | 4 | Terraced House | |
£255K | 03/21 | 1.8 mi | 8, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB | - | - | 4 | Semi-Detached House | |
£300K | 01/23 | 1.8 mi | 24, Sycamore Avenue, Belmont, Hereford, Herefordshire HR2 7GA | - | - | 4 | Terraced House | |
£249K | 10/20 | 1.85 mi | 2, Monkscroft Drive, Belmont, Hereford, Herefordshire HR2 7XB | £2,465 | 101 | 4 | Detached House | |
£248K | 01/21 | 1.85 mi | 54, Whitefriars Road, Hereford, Herefordshire HR2 7XF | £2,557 | 97 | 4 | Detached House | |
£365K | 03/21 | 1.89 mi | 1, Merryhill Park, Belmont, Hereford, Herefordshire HR2 9SS | £1,569 | 233 | 4 | Terraced House | |
£200K | 04/23 | 1.9 mi | 52, Hunderton Road, Hereford, Herefordshire HR2 7AG | £2,020 | 99 | 4 | Terraced House | |
£215K | 03/21 | 1.9 mi | 30, Hampton Street, Hereford, Herefordshire HR1 2RA | £2,663 | 81 | 4 | Terraced House | |
£375K | 11/22 | 1.91 mi | 22, Harold Street, Hereford, Herefordshire HR1 2QU | £2,976 | 126 | 4 | Semi-Detached House | |
£495.4K | 01/21 | 1.91 mi | 2, Quay Close, Hereford, Herefordshire HR1 2RQ | - | - | 4 | Detached House | |
£305K | 08/21 | 1.92 mi | 3, Nightingale Way, Hereford, Herefordshire HR1 2NQ | £2,259 | 135 | 4 | Terraced House | |
£265K | 12/21 | 1.93 mi | 112, Park Street, Hereford, Herefordshire HR1 2RE | £1,779 | 149 | 4 | Semi-Detached House | |
£305K | 05/23 | 1.94 mi | 7, Whitefriars Road, Hereford, Herefordshire HR2 7XE | £2,824 | 108 | 4 | Detached House |
Local Rents
52 rents from £469/mo to £2.8K/mo, average is £850/mo.
Rent | Date | Distance | Address | Beds | Type | |
£820 | 12/24 | 1.05 mi | The Pastures, Hereford, HR2 | 2 | Terraced House | |
£625 | 03/25 | 1.09 mi | - | 1 | Terraced House | |
£1,150 | 12/24 | 1.11 mi | The Hawthorns, Hereford | 3 | House | |
£700 | 11/24 | 1.16 mi | - | 1 | Flat | |
£885 | 12/24 | 1.18 mi | Cider Press Drive, Hereford, HR2 | 2 | Flat | |
£650 | 12/24 | 1.36 mi | Holme Lacy Road, Hereford, HR2 | 1 | Flat | |
£1,150 | 04/24 | 1.38 mi | Walton Close, HEREFORD | 3 | House | |
£1,600 | 04/24 | 1.4 mi | Hereford, Herefordshire, HR2 | 6 | Detached House | |
£600 | 12/24 | 1.43 mi | Peregrine Close, Hereford, HR2 | 1 | Flat | |
£850 | 08/23 | 1.5 mi | - | 2 | Terraced House | |
£675 | 12/24 | 1.5 mi | Blakemore Close, HEREFORD | 2 | Flat | |
£625 | 08/23 | 1.53 mi | - | 1 | Flat | |
£950 | 12/24 | 1.53 mi | - | 3 | Terraced House | |
£975 | 10/24 | 1.53 mi | - | 3 | Terraced House | |
£975 | 10/24 | 1.53 mi | - | 3 | Terraced House | |
£651 | 01/25 | 1.55 mi | - | 4 | Flat | |
£1,050 | 12/24 | 1.56 mi | Hawthorn Grove, Hereford, Herefordshire, HR2 6AU | 2 | Bungalow | |
£1,050 | 12/24 | 1.63 mi | New Kilvert Road, HEREFORD | 3 | Semi-Detached House | |
£825 | 04/24 | 1.64 mi | - | 2 | Flat | |
£995 | 04/24 | 1.69 mi | Escley Drive, HEREFORD | 3 | Semi-Detached House | |
£700 | 12/24 | 1.77 mi | Belmont Road, Hereford, HR2 | 1 | Flat | |
£865 | 04/24 | 1.78 mi | Coppin Rise, Belmont, HEREFORD | 2 | House | |
£469 | 08/24 | 1.78 mi | - | 1 | Flat | |
£850 | 12/24 | 1.81 mi | Flaxley Drive, Hereford | 2 | Terraced House | |
£825 | 12/24 | 1.82 mi | Belmont Road, Belmont, Hereford, HR2 | 2 | Flat | |
£895 | 04/25 | 1.85 mi | - | 2 | Terraced House | |
£850 | 04/24 | 1.85 mi | Holm Oak Road, Belmont, HEREFORD | 2 | House | |
£700 | 12/24 | 1.87 mi | - | 1 | Flat | |
£695 | 04/24 | 1.89 mi | Blackthorn Close, Belmont, HEREFORD | 1 | House | |
£675 | 12/24 | 1.9 mi | St James, Hereford | 1 | Flat | |
£750 | 03/25 | 1.91 mi | - | 1 | Flat | |
£950 | 12/24 | 1.92 mi | Westholme Road, Belmont, HEREFORD | 3 | Terraced House | |
£895 | 03/25 | 1.92 mi | - | 2 | Flat | |
£495 | 02/25 | 1.92 mi | - | 1 | Flat | |
£1,300 | 12/24 | 1.93 mi | - | 3 | Detached House | |
£1,300 | 12/24 | 1.93 mi | - | 3 | Detached House | |
£1,350 | 11/24 | 1.93 mi | - | 3 | Detached House | |
£2,800 | 12/24 | 1.95 mi | - | 4 | Detached House | |
£625 | 12/24 | 1.95 mi | Belmont, Hereford | 1 | Flat | |
£795 | 12/24 | 1.96 mi | - | 1 | Semi-Detached House | |
£795 | 12/24 | 1.96 mi | - | 1 | Semi-Detached House | |
£800 | 04/25 | 1.98 mi | - | 2 | Terraced House | |
£575 | 12/24 | 2.06 mi | Clive Street, Hereford | 1 | Flat | |
£995 | 12/24 | 2.07 mi | - | 3 | Terraced House | |
£1,200 | 12/24 | 2.09 mi | St. Owen Street, Hereford | 3 | House | |
£800 | 12/24 | 2.13 mi | Angela Close, Hereford, HR1 | 2 | Flat | |
£700 | 12/24 | 2.15 mi | Nevinson Place, Tupsley, Hereford, HR1 | 1 | Flat | |
£875 | 04/24 | 2.17 mi | Bridge Street, HEREFORD | 3 | Flat | |
£1,250 | 04/24 | 2.18 mi | Bridge Street, Hereford | 4 | House | |
£1,600 | 12/24 | 2.2 mi | Dorchester Way, Hereford, HR2 | 6 | Detached House | |
£575 | 12/24 | 2.21 mi | Central Avenue, HEREFORD | 1 | Flat | |
£1,100 | 12/24 | 2.21 mi | - | 3 | Semi-Detached House |
Local Area Statistics
Population in HR2 | 38,93538,935 |
Population in Hereford | 101,068101,068 |
Town centre distance | 6.31 miles away6.31 miles away |
Nearest school | 1.30 miles away1.30 miles away |
Nearest train station | 2.67 miles away2.67 miles away |
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | -47%-47% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +31%+31% |
Property History
Listed for £625,000
March 11, 2025
Floor Plans


Description
- Accessible and easily adaptable with two ground floor bedrooms and bathroom +
- Two additional first floor bedrooms and bathroom +
- Three reception rooms, kitchen and utility with additional store rooms +
- Well maintained and offered in good condition with scope for modernisation +
- Large double garage, parking and extensive lawned gardens +
- Lovely rural location with views towards Dinedor, The Black Mountains and Hereford +
- Easy access to Hereford (5 minutes drive) and city centre amenities +
- Readily accessible to a number of regional centres +
A substantial detached well-appointed dormer bungalow, centrally heated and double glazed. In a delightful rural location with views to Dinedor and extensive views towards The Black Mountains to the west, just five minutes drive into Hereford itself.
Situation And Description - Lightwoods is a substantial detached dormer bungalow in a picturesque rural setting, enjoying far-reaching views towards Dinedor and The Black Mountains. Despite its peaceful location, the property is just a five-minute drive from Hereford, offering both seclusion and convenience. Well-appointed and well-maintained, the bungalow benefits from oil-fired central heating and double glazing, with flexible accommodation suited to a variety of needs.
The Property - Lightwoods offers versatile accommodation and would suit disabled use if required with two ground-floor bedrooms, a bathroom, and spacious reception areas ensuring easy accessibility. The well-equipped kitchen with a breakfast area and additional reception space offers flexibility for family living. Upstairs, two further bedrooms and a second bathroom provide extra accommodation, along with useful storage space. Set within extensive lawned gardens, the home also benefits from a large double garage and ample parking. While in good condition, it offers scope for modernisation, making it an excellent opportunity for a family or those looking to create a home tailored to their needs.
Porch -
Inner Porch -
Reception Hall -
Sitting Room - With Living Flame fireplace, display shelving, picture window to maximise superb views.
Dining Room - With sliding patio door to
Conservatory/Garden Room - With tiled flooring, radiators, French doors to garden, patio, beautiful views to Dinedor Hill. Separate door to Master Bedroom.
Kitchen With Breakfast Area - Well fitted with a range of cupboards, drawers, eye level wall cupboards, work surface spaces, plumbing for automatic dishwasher, handmade kitchen units, stainless 1.5 bowl steel sink unit, Hotpoint electric oven and grill, space for fridge, Hotpoint hob, extractor, tiling, downlighting.
Further reception area with tiling, door to rear gardens and front, deep walk-in
Store Room/Cupboard -
Separate Wc -
Utility - With stainless steel sink unit, work surface space, cupboards and drawers, eye level wall cupboards.
Inner Hallway - With fitted cupboards.
Large Master Bedroom - Dual aspect, fitted wardrobes and drawers, shelving, vanity unit and dressing table. Door to Conservatory.
Bedroom Two - dual aspdual aspect with far reaching views.ect with far reaching views.
Family Bathroom - With whirlpool bath, heated flooring, wc, wash hand basin with cupboard under, curved shower with thermostatically controlled Mira shower, heated towel rail, tiling and mirror fronted medicine cabinet.
Open plan stairway to
First Floor Landing - With airing cupboard and direct flow hot water cylinder, central heating controls.
Bedroom Three - with part pitched ceiling, dressing table, drawers and mirror fronted double wardrobe. Access to under eaves storage.
Bathroom Two - With panelled bath, shower attachment, tiling, wc, wash hand basin, fitted mirror and mirror fronted medicine cabinet.
Bedroom Four - With mirror fronted wardrobe, storage over, door to useful dressing table and drawers. Door to
Useful Attic Room - With access to under eaves storage either side, which could form a useful en-suite facility.
Outside - To the front paved car parking area with lawn either side, hedge and wall surround. Lovely views to the rear. Boiler Room & Store with Trianco oil fired boiler, gas point for Calor gas propane cylinders (which works the living room Living Flame fire) Oil tank (500 gallons). Side lawn, rear lawn and patio with power point extending around the side of the house, all with delightful views to Dinedor Hill , raised shrub floral border.
Large Double Garage - With remote control roller door, power and lighting, personal door
Services - Mains electric and water. Private drainage. Oil fired central heating.
Transport Connections - The M50 motorway is approximately 12 miles south, providing routes to South Wales and the M5 motorway. Ross on Wye approx. 12 miles, Ledbury approx. 12 miles. Gloucester/Cheltenham approx. 25/30 miles.
Hereford railway offering direct services to Newport, Cardiff, Swansea, Shrewsbury, Chester, Manchester, and Birmingham.
Local Authority - The Herefordshire Council Tax Band E