4 Bed Detached House, Refurb/BRRR, Hereford, HR2 7SH, £340,000

20 Abbotsmead Road, Hereford, HR2 7SH - a month ago

Refurb/BRRR
115 m²
+15 photos

ValuationOvervalued

Sold Prices£155K - £490K
Sold Prices/m²£1.6K/m² - £7.1K/m²

 

 

Square Metres

115 m²
Price/m²£3K/m²

Value Estimate

£283,515

 

 

End Value (After Refurb)

£324,769

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£46,620

Bridging Loan Interest

£8,925

Total Cash In

£164,995

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£324,769

Mortgage (After Refinance)

£243,576

Mortgage LTV

75%

Cash Left In

£164,995

Equity

£81,192

Rent Range

£651 - £1,600

Rent Estimate

£1,118

Running Costs/mo

£1,259

Cashflow/mo

£-141

Cashflow/yr

£-1,686

Gross Yield

4%

Local Sold Prices

44 sold prices from £155K to £490K, average is £307.5K. £1.6K/m² to £7.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£320K03/210.06 mi3, Belvoir Court, Belmont, Hereford, Herefordshire HR2 7SJ4
£268.5K12/200.06 mi3, Shellingham Way, Belmont, Hereford, Herefordshire HR2 7SN4
£287K06/210.13 mi5, Broadholme Road, Belmont, Hereford, Herefordshire HR2 7SS4
£315K04/210.16 mi7, Grantham Close, Belmont, Hereford, Herefordshire HR2 7ZG4
£260K06/210.22 mi53, Wyedean Rise, Hereford, Herefordshire HR2 7XZ4
£347.5K10/210.22 mi3, Wyedean Rise, Hereford, Herefordshire HR2 7XZ4
£310K11/210.22 mi10, Wye Dean Rise, Hereford, Herefordshire HR2 7XZ4
£335K11/200.22 mi57, Wyedean Rise, Hereford, Herefordshire HR2 7XZ4
£250K02/210.22 mi1, Wye Dean Rise, Hereford, Herefordshire HR2 7XZ4
£270K12/200.22 mi36, Wyedean Rise, Hereford, Herefordshire HR2 7XZ4
£330K06/230.22 mi6, Wyedean Rise, Hereford, Herefordshire HR2 7XZ4
£325K04/210.24 mi128, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZP4
£305K05/230.26 mi7, Whitefriars Road, Hereford, Herefordshire HR2 7XE4
£248K01/210.31 mi54, Whitefriars Road, Hereford, Herefordshire HR2 7XF4
£249K10/200.31 mi2, Monkscroft Drive, Belmont, Hereford, Herefordshire HR2 7XB4
£271.5K02/210.31 mi20, Kenilworth Close, Belmont, Hereford, Herefordshire HR2 7ZJ4
£325K07/230.31 mi5, Kenilworth Close, Belmont, Hereford, Herefordshire HR2 7ZJ4
£365K02/210.32 mi79, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZW4
£375K03/230.33 mi12, Rosedale Close, Belmont, Hereford, Herefordshire HR2 7ZD4
£368K04/230.33 mi8, Rosedale Close, Belmont, Hereford, Herefordshire HR2 7ZD4
£255K03/210.34 mi8, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB4
£325K05/230.37 mi2, Stoneleigh Drive, Belmont, Hereford, Herefordshire HR2 7YZ4
£425K12/200.42 mi3, Tintern Close, Belmont, Hereford, Herefordshire HR2 7US4
£490K04/230.42 mi3, Tintern Close, Belmont, Hereford, Herefordshire HR2 7US4
£155K02/210.43 mi71, Waterfield Road, Hereford, Herefordshire HR2 7EN4
£300K01/230.5 mi24, Sycamore Avenue, Belmont, Hereford, Herefordshire HR2 7GA4
£455K03/210.57 mi1, Warham Court Cottages, Breinton, Hereford, Herefordshire HR4 7PE4
£200K04/230.6 mi52, Hunderton Road, Hereford, Herefordshire HR2 7AG4
£328.5K02/230.66 mi27, Woodfield Gardens, Belmont, Hereford, Herefordshire HR2 9RN4
£315K04/230.66 mi3, Woodfield Gardens, Belmont, Hereford, Herefordshire HR2 9RN4
£195K08/210.69 mi120, Brampton Road, Hereford, Herefordshire HR2 7DJ4
£332.5K08/210.83 mi10, Broomy Hill, Hereford, Herefordshire HR4 0LH4
£399.9K05/230.83 mi10, Broomy Hill, Hereford, Herefordshire HR4 0LH4
£315K03/210.85 mi51, Westfaling Street, Hereford, Herefordshire HR4 0JD4
£295K03/210.87 mi89, Westfaling Street, Hereford, Herefordshire HR4 0JE4
£290K12/200.89 mi106, Ryelands Street, Hereford, Herefordshire HR4 0LD4
£365K03/210.92 mi1, Merryhill Park, Belmont, Hereford, Herefordshire HR2 9SS4
£279K02/210.93 mi43, Ryelands Street, Hereford, Herefordshire HR4 0LN4
£272.6K09/210.94 mi17, Foxwhelp Close, Hereford, Herefordshire HR4 0PL4
£320K12/200.96 mi9, Queens Hill Gardens, Hereford, Herefordshire HR4 0EZ4
£250K02/230.97 mi50, Kernal Road, Hereford, Herefordshire HR4 0PR4
£220K03/210.98 mi14, Shakespeare Road, Hereford, Hereford And Worcester HR4 0JN4
£225K05/210.99 mi62, Kernal Road, Hereford, Herefordshire HR4 0PR4
£216K09/211 mi8, Bardolph Close, Hereford, Herefordshire HR2 7QA4

Local Rents

13 rents from £651/mo to £1.6K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,60012/240.24 miDorchester Way, Hereford, HR26
£95012/240.45 miWestholme Road, Belmont, HEREFORD3
£1,05012/240.6 miNew Kilvert Road, HEREFORD3
£95012/240.61 mi-3
£97510/240.61 mi-3
£97510/240.61 mi-3
£99504/240.7 miEscley Drive, HEREFORD3
£65101/250.86 mi-4
£1,50008/240.91 mi-5
£1,50008/240.91 mi-5
£1,50009/230.95 mi-4
£87504/241.23 miBridge Street, HEREFORD3
£1,25004/241.24 miBridge Street, Hereford4

Local Area Statistics

Population in HR2

38,935

Population in Hereford

101,068

Town centre distance

4.60 miles away

Nearest school

0.80 miles away

Nearest train station

1.89 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-47%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £340,000

March 11, 2025

Floor Plans

Description

  • Large detached family home +
  • Four bedrooms, master with en-suite +
  • Three separate reception rooms +
  • Quiet end of cul-de-sac location +
  • Open parkland to the front and side +
  • Kitchen/breakfast room & utility room +
  • Integral garage with off road parking +
  • No onward chain +

Nestled in a desirable end of cul-de sac location in Belmont, this modern detached house offers a spacious layout to include three separate reception rooms and four bedrooms, totaling an impressive 1,475 square feet.
The location on Abbotsmead Road is particularly appealing, providing a peaceful residential setting with open parkland to the front and side, while remaining conveniently close to local amenities and transport links.
Built in 2001, this property has an excellent specification with benefits to include; gas central heating, double glazing, integral garage, large utility room, downstairs WC, en-suite shower room and ample parking.
The property is in need of some cosmetic improvements but does offer a fantastic opportunity to purchase a substantial family home in this popular area.

TO ARRANGE A VIEWING PLEASE CALL 01432-266007

Introduction - In brief the accommodation comprises; Entrance hall, downstairs WC, dining room, living room, kitchen/breakfast room, utility room, 3rd reception room and to the first floor is the family bathroom, three double bedrooms - master with en-suite and a fourth single room currently used as a dressing room.

Property Description - From the canopy porch, the property is entered into the entrance hall with stairs rising to the first floor and built in storage under, doors lead off to all rooms including the downstairs WC. The living room has a fireplace and patio door s to the rear garden, both the dining room and the third reception room have a double glazed window to the front aspect. The kitchen/breakfast room has space for a table and chairs, a range of wall and base units, oven and hob with extractor over, 1 1/2 bowl sink unit, integrated dishwasher, space for fridge and a door through to the utility room which has space for a fridge freezer, wall mounted Worcester boiler, stainless steel sink unit, space for washing machine and doors to both the garage and the rear garden.
Carpeted stairs rise to the first floor landing with access to the loft, airing cupboard and doors leading off to all rooms. Bedroom one has an en-suite shower room, with shower cubicle, WC and vanity sink unit., Bedrooms two and three are both double rooms and bedroom four is a single room currently used as a dressing room with full length fitted wardrobes containing hanging space and shelving.

Garden & Parking - The property is approached via the driveway which also provides off road parking for several vehicles and leads to the garage which has a metal up and over door, power, light and door to the utility room. A block pavia path leads to the canopy porch and main entrance door.
The rear of the property is accessed via the living room or the utility room, mainly laid to lawn the garden also has a patio area and raised decking area all of which is enclosed by wooden panel fencing.

Location - Located 1.5 miles south/west of Hereford City Centre in the popular residential area of Belmont, with great local amenities that include: Tesco, Tesco petrol station, pharmacy, doctors surgery and bus services. There are many open spaces and footpaths on the doorstep with additional walks and amenities at Belmont Pools & Country Park. A wider range of amenities can be found in the city centre, including restaurants, a range of shops, multiplex cinema, doctors, hospital, primary and secondary schools. Transport links include the train station and County bus station.

Broadband - The table shows the predicted broadband services in your area.
Broadband typeHighest available download speedHighest available upload speedAvailability
Standard 3 Mbps 0.5 Mbps Good
Superfast 73 Mbps 18 Mbps Good
Ultrafast 8000 Mbps 8000 Mbps Good
Networks in your area - Zzoomm, Openreach

Indoor Mobile Coverage - Data last updated: December 2024, based on the latest data available to Ofcom.
Provider VoiceData
EE LikelyLikely
Three LimitedLimited
O2 LikelyLikely
Vodafone LikelyLikely

Outdoor Mobile Coverage - Data last updated: December 2024, based on the latest data available to Ofcom.
ProviderVoiceData
EE LikelyLikely
ThreeLikelyLikely
O2 LikelyLikely
VodafoneLikelyLikely

Services - All mains services are connected.

Herefordshire Council Tax Band - E

Tenure - Freehold

The Money Laundering Regulations - In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source. At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £20 +VAT (£24.00 inc. VAT) per purchaser in order for us to carry out our due diligence.

Agent Details

Cobb Amos, Hereford

01432 805984

Next Steps?

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