4 Bed Detached House, Refurb/BRRR, Hereford, HR2 8BL, £399,950





ValuationOvervalued
Sold Prices | £155K - £490K |
Sold Prices/m² | £1.6K/m² - £7.1K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £3.1K/m² |
Value Estimate | £318,592£318,592 |
| |
End Value (After Refurb) | £279,700£279,700 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £99,988£99,988 |
Stamp Duty & Legal Fees | £28,695£28,695 |
Refurb Costs | £52,400£52,400 |
Bridging Loan Interest | £10,499£10,499 |
Total Cash In | £193,331£193,331 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £279,700£279,700 |
Mortgage (After Refinance) | £209,775£209,775 |
Mortgage LTV | 75%75% |
Cash Left In | £193,331£193,331 |
Equity | £69,925£69,925 |
Rent Range | £469 - £1,600£469 - £1,600 |
Rent Estimate | £868 |
Running Costs/mo | £1,068£1,068 |
Cashflow/mo | £-200£-200 |
Cashflow/yr | £-2,396£-2,396 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £155K to £490K, average is £287K. £1.6K/m² to £7.1K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£195K | 08/21 | 0.53 mi | 120, Brampton Road, Hereford, Herefordshire HR2 7DJ | £2,125 | 92 | 4 | Terraced House | |
£365K | 03/21 | 0.65 mi | 1, Merryhill Park, Belmont, Hereford, Herefordshire HR2 9SS | £1,569 | 233 | 4 | Terraced House | |
£216K | 09/21 | 0.66 mi | 8, Bardolph Close, Hereford, Herefordshire HR2 7QA | - | - | 4 | Terraced House | |
£300K | 01/23 | 0.67 mi | 24, Sycamore Avenue, Belmont, Hereford, Herefordshire HR2 7GA | - | - | 4 | Terraced House | |
£155K | 02/21 | 0.82 mi | 71, Waterfield Road, Hereford, Herefordshire HR2 7EN | - | - | 4 | Terraced House | |
£255K | 03/21 | 0.86 mi | 8, Yarlington Mill, Belmont, Hereford, Herefordshire HR2 7UB | - | - | 4 | Semi-Detached House | |
£325K | 05/23 | 0.88 mi | 2, Stoneleigh Drive, Belmont, Hereford, Herefordshire HR2 7YZ | - | - | 4 | Detached House | |
£350K | 12/21 | 0.9 mi | 14, Upper Field Close, Hereford, Herefordshire HR2 7SW | £2,465 | 142 | 4 | Detached House | |
£249K | 10/20 | 0.93 mi | 2, Monkscroft Drive, Belmont, Hereford, Herefordshire HR2 7XB | £2,465 | 101 | 4 | Detached House | |
£271.5K | 02/21 | 0.95 mi | 20, Kenilworth Close, Belmont, Hereford, Herefordshire HR2 7ZJ | £2,586 | 105 | 4 | Detached House | |
£325K | 07/23 | 0.95 mi | 5, Kenilworth Close, Belmont, Hereford, Herefordshire HR2 7ZJ | - | - | 4 | Detached House | |
£248K | 01/21 | 0.95 mi | 54, Whitefriars Road, Hereford, Herefordshire HR2 7XF | £2,557 | 97 | 4 | Detached House | |
£375K | 03/23 | 0.95 mi | 12, Rosedale Close, Belmont, Hereford, Herefordshire HR2 7ZD | - | - | 4 | Detached House | |
£368K | 04/23 | 0.95 mi | 8, Rosedale Close, Belmont, Hereford, Herefordshire HR2 7ZD | - | - | 4 | Detached House | |
£315K | 04/21 | 0.99 mi | 7, Grantham Close, Belmont, Hereford, Herefordshire HR2 7ZG | £2,620 | 120 | 4 | Detached House | |
£305K | 01/21 | 1 mi | 15, Bullingham Lane, Hereford, Herefordshire HR2 6RU | £2,243 | 136 | 4 | Detached House | |
£328.5K | 02/23 | 1 mi | 27, Woodfield Gardens, Belmont, Hereford, Herefordshire HR2 9RN | - | - | 4 | Detached House | |
£315K | 04/23 | 1 mi | 3, Woodfield Gardens, Belmont, Hereford, Herefordshire HR2 9RN | - | - | 4 | Terraced House | |
£305K | 05/23 | 1.04 mi | 7, Whitefriars Road, Hereford, Herefordshire HR2 7XE | £2,824 | 108 | 4 | Detached House | |
£320K | 09/21 | 1.04 mi | 196, Ross Road, Hereford, Herefordshire HR2 7PL | £2,291 | 140 | 4 | Detached House | |
£270K | 01/23 | 1.05 mi | 54, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,432 | 111 | 4 | Terraced House | |
£287K | 06/21 | 1.07 mi | 5, Broadholme Road, Belmont, Hereford, Herefordshire HR2 7SS | £2,333 | 123 | 4 | Detached House | |
£255K | 09/21 | 1.09 mi | 51, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,024 | 126 | 4 | Semi-Detached House | |
£255K | 04/23 | 1.09 mi | 55, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,024 | 126 | 4 | Semi-Detached House | |
£308K | 12/20 | 1.09 mi | 17, Waggoners Way, Hereford, Herefordshire HR2 6RJ | £2,369 | 130 | 4 | Detached House | |
£325K | 04/21 | 1.09 mi | 128, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZP | £2,951 | 110 | 4 | Detached House | |
£268.5K | 12/20 | 1.1 mi | 3, Shellingham Way, Belmont, Hereford, Herefordshire HR2 7SN | £3,086 | 87 | 4 | Detached House | |
£232K | 06/21 | 1.1 mi | 42, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,787 | 83 | 4 | Terraced House | |
£262K | 09/21 | 1.1 mi | 58, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,015 | 130 | 4 | Semi-Detached House | |
£245K | 07/23 | 1.1 mi | 35, Staddlestone Circle, Hereford, Herefordshire HR2 6SB | £2,500 | 98 | 4 | Semi-Detached House | |
£300K | 06/21 | 1.1 mi | 18, The Ploughman, Hereford, Herefordshire HR2 6GG | £2,577 | 116 | 4 | Detached House | |
£260K | 06/21 | 1.15 mi | 53, Wyedean Rise, Hereford, Herefordshire HR2 7XZ | £2,626 | 99 | 4 | Detached House | |
£347.5K | 10/21 | 1.15 mi | 3, Wyedean Rise, Hereford, Herefordshire HR2 7XZ | £7,092 | 49 | 4 | Detached House | |
£310K | 11/21 | 1.15 mi | 10, Wye Dean Rise, Hereford, Herefordshire HR2 7XZ | £2,524 | 123 | 4 | Terraced House | |
£335K | 11/20 | 1.15 mi | 57, Wyedean Rise, Hereford, Herefordshire HR2 7XZ | £2,839 | 118 | 4 | Detached House | |
£250K | 02/21 | 1.15 mi | 1, Wye Dean Rise, Hereford, Herefordshire HR2 7XZ | £2,137 | 117 | 4 | Detached House | |
£270K | 12/20 | 1.15 mi | 36, Wyedean Rise, Hereford, Herefordshire HR2 7XZ | £2,455 | 110 | 4 | Detached House | |
£330K | 06/23 | 1.15 mi | 6, Wyedean Rise, Hereford, Herefordshire HR2 7XZ | - | - | 4 | Detached House | |
£365K | 02/21 | 1.15 mi | 79, Dorchester Way, Belmont, Hereford, Herefordshire HR2 7ZW | - | - | 4 | Detached House | |
£320K | 03/21 | 1.16 mi | 3, Belvoir Court, Belmont, Hereford, Herefordshire HR2 7SJ | £2,302 | 139 | 4 | Detached House | |
£425K | 12/20 | 1.22 mi | 3, Tintern Close, Belmont, Hereford, Herefordshire HR2 7US | £2,607 | 163 | 4 | Detached House | |
£490K | 04/23 | 1.22 mi | 3, Tintern Close, Belmont, Hereford, Herefordshire HR2 7US | £3,006 | 163 | 4 | Detached House | |
£200K | 04/23 | 1.25 mi | 52, Hunderton Road, Hereford, Herefordshire HR2 7AG | £2,020 | 99 | 4 | Terraced House | |
£200K | 06/23 | 1.3 mi | 24, Aconbury Avenue, Hereford, Herefordshire HR2 6HR | £1,923 | 104 | 4 | Semi-Detached House | |
£178K | 08/21 | 1.34 mi | 2, Birch Grove, Hereford, Herefordshire HR2 6AS | - | - | 4 | Semi-Detached House | |
£190K | 02/23 | 1.41 mi | 9, Franks Avenue, Hereford, Herefordshire HR2 6HZ | £1,618 | 117 | 4 | Semi-Detached House | |
£287K | 03/21 | 1.45 mi | 140, Hinton Road, Hereford, Herefordshire HR2 6BW | £2,392 | 120 | 4 | Detached House | |
£167.5K | 01/21 | 1.45 mi | 57, Mayne Avenue, Hereford, Herefordshire HR2 6HY | £1,922 | 87 | 4 | Terraced House | |
£227K | 03/21 | 1.46 mi | 77, Hinton Crescent, Hereford, Herefordshire HR2 6AE | £1,974 | 115 | 4 | Semi-Detached House | |
£280K | 04/21 | 1.49 mi | 11, Putson Avenue, Hereford, Herefordshire HR2 6DT | £2,545 | 110 | 4 | Detached House |
Local Rents
53 rents from £469/mo to £1.6K/mo, average is £825/mo.
Rent | Date | Distance | Address | Beds | Type | |
£625 | 08/23 | 0.49 mi | - | 1 | Flat | |
£675 | 12/24 | 0.49 mi | Blakemore Close, HEREFORD | 2 | Flat | |
£850 | 08/23 | 0.49 mi | - | 2 | Terraced House | |
£950 | 12/24 | 0.65 mi | - | 3 | Terraced House | |
£975 | 10/24 | 0.65 mi | - | 3 | Terraced House | |
£975 | 10/24 | 0.65 mi | - | 3 | Terraced House | |
£895 | 04/25 | 0.74 mi | - | 2 | Terraced House | |
£950 | 12/24 | 0.77 mi | Westholme Road, Belmont, HEREFORD | 3 | Terraced House | |
£695 | 04/24 | 0.79 mi | Blackthorn Close, Belmont, HEREFORD | 1 | House | |
£850 | 04/24 | 0.8 mi | Holm Oak Road, Belmont, HEREFORD | 2 | House | |
£865 | 04/24 | 0.87 mi | Coppin Rise, Belmont, HEREFORD | 2 | House | |
£1,050 | 12/24 | 0.92 mi | New Kilvert Road, HEREFORD | 3 | Semi-Detached House | |
£850 | 12/24 | 0.95 mi | Flaxley Drive, Hereford | 2 | Terraced House | |
£625 | 12/24 | 0.96 mi | Belmont, Hereford | 1 | Flat | |
£800 | 04/25 | 0.98 mi | - | 2 | Terraced House | |
£885 | 12/24 | 1.04 mi | Cider Press Drive, Hereford, HR2 | 2 | Flat | |
£700 | 11/24 | 1.04 mi | - | 1 | Flat | |
£700 | 12/24 | 1.06 mi | - | 1 | Flat | |
£1,600 | 12/24 | 1.09 mi | Dorchester Way, Hereford, HR2 | 6 | Detached House | |
£651 | 01/25 | 1.1 mi | - | 4 | Flat | |
£995 | 04/24 | 1.12 mi | Escley Drive, HEREFORD | 3 | Semi-Detached House | |
£1,150 | 12/24 | 1.14 mi | The Hawthorns, Hereford | 3 | House | |
£700 | 12/24 | 1.26 mi | Belmont Road, Hereford, HR2 | 1 | Flat | |
£795 | 12/24 | 1.28 mi | - | 1 | Semi-Detached House | |
£795 | 12/24 | 1.28 mi | - | 1 | Semi-Detached House | |
£650 | 12/24 | 1.34 mi | Holme Lacy Road, Hereford, HR2 | 1 | Flat | |
£1,150 | 04/24 | 1.38 mi | Walton Close, HEREFORD | 3 | House | |
£469 | 08/24 | 1.39 mi | - | 1 | Flat | |
£820 | 12/24 | 1.4 mi | The Pastures, Hereford, HR2 | 2 | Terraced House | |
£1,600 | 04/24 | 1.4 mi | Hereford, Herefordshire, HR2 | 6 | Detached House | |
£825 | 12/24 | 1.42 mi | Belmont Road, Belmont, Hereford, HR2 | 2 | Flat | |
£1,050 | 12/24 | 1.43 mi | Hawthorn Grove, Hereford, Herefordshire, HR2 6AU | 2 | Bungalow | |
£625 | 03/25 | 1.49 mi | - | 1 | Terraced House | |
£600 | 12/24 | 1.52 mi | Peregrine Close, Hereford, HR2 | 1 | Flat | |
£825 | 04/24 | 1.55 mi | - | 2 | Flat | |
£795 | 03/24 | 1.59 mi | - | 1 | Flat | |
£675 | 11/24 | 1.59 mi | - | 1 | Flat | |
£695 | 02/25 | 1.6 mi | - | 1 | Flat | |
£800 | 11/23 | 1.79 mi | - | 2 | Terraced House | |
£1,500 | 08/24 | 1.8 mi | - | 5 | Semi-Detached House | |
£1,500 | 08/24 | 1.8 mi | - | 5 | Semi-Detached House | |
£675 | 12/24 | 1.81 mi | St James, Hereford | 1 | Flat | |
£750 | 03/25 | 1.84 mi | - | 1 | Flat | |
£875 | 04/24 | 1.85 mi | Bridge Street, HEREFORD | 3 | Flat | |
£1,250 | 04/24 | 1.86 mi | Bridge Street, Hereford | 4 | House | |
£840 | 03/24 | 1.86 mi | - | 2 | Flat | |
£720 | 04/24 | 1.88 mi | Old Mill Close, HEREFORD | 1 | Flat | |
£645 | 05/24 | 1.88 mi | Kernal Road, Hereford | 1 | Flat | |
£1,500 | 09/23 | 1.9 mi | - | 4 | Detached House | |
£895 | 05/24 | 1.99 mi | Cornewall Steet, Whitecross, Hereford, HR4 | 2 | Terraced House | |
£995 | 12/24 | 2.01 mi | - | 3 | Terraced House | |
£795 | 04/24 | 2.01 mi | Bewell Street, Hereford, HR4 | 2 | Flat | |
£850 | 02/25 | 2.02 mi | - | 2 | Terraced House |
Local Area Statistics
Population in HR2 | 38,93538,935 |
Population in Hereford | 101,068101,068 |
Town centre distance | 5.70 miles away5.70 miles away |
Nearest school | 0.70 miles away0.70 miles away |
Nearest train station | 2.52 miles away2.52 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 £399,950
March 12, 2025
Floor Plans

Description
- Individually designed detached property +
- In need of updating & modernising +
- Attached annexe with separate access +
- Desirable location with open views +
- Solar panels with favorable feed-in tariff +
- Three receptions + Kitchen/dining room +
- Four double 1st floor bedrooms +
- Twin garages, parking & gardens +
- No onward chain +
A wonderful opportunity to acquire this individual detached home in the desirable Grafton Lane area on the outskirts of Hereford City with far reaching open rural views.
This four bedroom property also has three reception rooms, a kitchen/dining room and an attached annexe and two garages which altogether measures a total of 2730 sqft.
The property is in need of updating and modernising throughout giving the purchaser a blank canvas with which they can make the home their own.
Set in a peaceful neighbourhood, this home offers a great chance to enjoy the tranquillity of rural living while remaining within reach of the vibrant city of Hereford. Whether you are looking to settle down or invest in a property with great potential, this house on Grafton Lane is certainly worth considering. Don't miss the chance to make this lovely home your own.
TO BOOK YOUR VIEWING PLEASE CALL 01432-266007
Introduction - The accommodation is centrally heated from an oil fired boiler, however a gas connection is available if preferred, as well as having 3kw solar panels that are also on a favourable feed-in rate. Comprising of; entrance porch/utility room, central hallway, downstairs WC, kitchen/dining room, living room, inner lobby/study area, sun room, rear lobby and passage/storage area, to the first floor are four double bedrooms and a family bathroom. The attached annexe consists of bedroom, kitchen, hallway and living room.
Property Description - The property is configured in such a way that the annexe is connected to the main house but can be shut off making it completely separate with its own entrance door.
Annexe - Heated with night storage heaters and accessed from the road via an entrance hall with door leading to the bedroom that has fitted wardrobes and cupboards and further door to the main house, from the hall it opens up into the kitchen which has space for a cooker, stainless steel sink unit and doors off. The bathroom has WC hand basin and panel bath with shower over and the living room has windows to the rear and side and a woodburner with slate base.
Main House - Entered via the entrance porch/utility room which has a tiled floor, plumbing for washing machine, sink unit and access to the passage and storage area which has a range of fitted cupboards and units. A door leads from the porch to the hallway with stairs leading up and storage cupboard under, downstairs WC, doors leading off to all rooms. The kitchen/dining room features an oil fired AGA, double sink unit, open shelving, space for table and chairs and double glazed windows to the rear and side, the living room has a feature brick fireplace, double glazed window to the side and door to the rear garden. From the hall a door leads into an inner lobby/study room which has sliding doors to the sun room that has double glazed windows to the side and rear and a sliding patio door and further door into the rear lobby from which you can access the garden or the annexe or the passage/storage area.
From the hall the stairs rise up to a half landing which accesses bedroom four and continues up to the main landing where all other rooms are accessed including; family bathroom with bath and shower over, sink and WC, bedroom one with double glazed windows to the side and rear and a range of fitted wardrobes, bedroom two with double glazed windows to the rear and side, fitted wardrobes and a sink, bedroom three has a double glazed window to the side, fitted wardrobes and a sink.
Garden & Parking - The property is approached from the road via a concrete driveway which leads to the two garages both with metal up and over doors, storage, power and light. Double metal gates give access into the garden where there is an area with outside tap and the main property entrance. A pathway leads down the side of the property to the rear where there is a lawn area and views over open countryside, the path continues to the far side of the house where there is a large patio area, all is enclosed by hedges and block wall.
The annexe is entered from the a main entrance door to the front.
Location - This property is ideal for those seeking a serene retreat while still being conveniently close to local amenities, Grafton Lane is a sought after area on the Southern side of Hereford with open rural views to the South and a great selection of footpaths, one of which gives you access directly in to Hereford City Centre via the Great Western Way to all the amenities on offer. There is easy access on to the A49 which takes you to Ross-On-Wye and the M50 motorway and also to the B4339 direct to Rotherwas Industrial Estate.
Services - Mains electric and water, Oil Fired central heating, gas runs to the front boundary of the property and there are also Solar panels
Herefordshire Council Tax Band - E The Annex at Cedar Folly - Band A
Tenure - Freehold
Broadband - The table shows the predicted broadband services in your area.
Broadband typeHighest available download speedHighest available upload speedAvailability
Standard 18 Mbps 1 Mbps Good
Superfast --Not available --Not available Unlikely
Ultrafast --Not available --Not available Unlikely
Networks in your area - Openreach
Indoor Mobile Coverage - Data last updated: December 2024, based on the latest data available to Ofcom.
ProviderVoiceData
EE LimitedLimited
Three LimitedLimited
O2 LimitedLimited
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
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.