3 Bed Semi-Detached House, Refurb/BRRR, Hereford, HR1 1RQ, £250,000

Ledbury Road, Tupsley, Hereford, HR1 1RQ - a month ago

Sold STC
Refurb/BRRR
~93 m²
+5 photos

ValuationFair Value

Sold Prices£102.5K - £485K
Sold Prices/m²£1.4K/m² - £6.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£250,000

 

 

End Value (After Refurb)

£284,167

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£37,600

Bridging Loan Interest

£6,563

Total Cash In

£122,113

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£284,167

Mortgage (After Refinance)

£213,125

Mortgage LTV

75%

Cash Released

£25,625

Cash Left In

£96,488

Equity

£71,042

Rent Range

£875 - £1,350

Rent Estimate

£1,112

Running Costs/mo

£1,130

Cashflow/mo

£-18

Cashflow/yr

£-221

Gross Yield

5%

Local Sold Prices

50 sold prices from £102.5K to £485K, average is £280K. £1.4K/m² to £6.6K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£377.5K07/230.03 mi206, Ledbury Road, Hereford, Herefordshire HR1 1RH3
£278K02/210.08 mi153, Ledbury Road, Hereford, Herefordshire HR1 1RJ3
£295K03/210.11 mi43, Pilley Road, Hereford, Herefordshire HR1 1NB3
£253.3K12/200.12 mi11, Backbury Road, Hereford, Herefordshire HR1 1SD3
£415.3K02/210.14 mi12, Church Road, Hereford, Herefordshire HR1 1RP3
£310K04/230.19 mi4, Welbeck Avenue, Hereford, Herefordshire HR1 1NG3
£270K03/210.19 mi4, Welbeck Avenue, Hereford, Herefordshire HR1 1NG3
£190K06/210.19 mi2, Folly Drive, Hereford, Herefordshire HR1 1NE3
£485K01/230.2 mi45, Church Road, Hereford, Herefordshire HR1 1RR3
£275K08/210.21 mi246, Ledbury Road, Hereford, Herefordshire HR1 1QD3
£170K04/210.21 mi2, Whittern Way, Hereford, Herefordshire HR1 1PE3
£310K07/210.22 mi8, Brockington Drive, Hereford, Herefordshire HR1 1TA3
£330K02/230.22 mi12, Brockington Drive, Hereford, Herefordshire HR1 1TA3
£220K12/200.22 mi27, Brockington Drive, Hereford, Herefordshire HR1 1TA3
£280K01/230.22 mi29, Chartwell Road, Hereford, Herefordshire HR1 2TU3
£285K04/230.22 mi98, Quarry Road, Hereford, Herefordshire HR1 1SU3
£325K04/210.25 mi74, Church Road, Hereford, Herefordshire HR1 1RS3
£280K09/210.25 mi68, Church Road, Hereford, Herefordshire HR1 1RS3
£220K04/210.25 mi58, Church Road, Hereford, Herefordshire HR1 1RS3
£269K12/200.25 mi78, Church Road, Hereford, Herefordshire HR1 1RS3
£242K11/220.25 mi10, Highgrove Bank, Hereford, Herefordshire HR1 2TA3
£244K08/210.26 mi27, Highgrove Bank, Hereford, Herefordshire HR1 2TA3
£288K11/220.26 mi7, Lyndhurst Avenue, Hereford, Herefordshire HR1 1NL3
£225K07/230.26 mi6, Prospect Walk, Hereford, Herefordshire HR1 1NX3
£102.5K04/230.26 mi1, Prospect Walk, Hereford, Herefordshire HR1 1NX3
£316.5K12/200.27 mi8, Brookside, Hereford, Herefordshire HR1 2RN3
£265K03/210.27 mi38, Chartwell Road, Hereford, Herefordshire HR1 2TU3
£279.9K01/210.28 mi42, Mount Crescent, Hereford, Herefordshire HR1 1NJ3
£269.5K02/210.28 mi46, Mount Crescent, Hereford, Hereford And Worcester HR1 1NJ3
£265K01/210.28 mi28, Chartwell Road, Hereford, Herefordshire HR1 2TU3
£245K03/210.28 mi22, Chartwell Road, Hereford, Herefordshire HR1 2TU3
£380K05/230.29 mi278, Ledbury Road, Hereford, Herefordshire HR1 1QL3
£286.5K04/210.29 mi5, The Nook, Hereford, Herefordshire HR1 1NH3
£438.5K12/220.3 mi2, Westminster Avenue, Hereford, Herefordshire HR1 1QH3
£179K03/210.3 mi88, Whittern Way, Hereford, Herefordshire HR1 1PF3
£180K06/210.3 mi53, Whittern Way, Hereford, Hereford And Worcester HR1 1PF3
£150K01/210.3 mi86, Whittern Way, Hereford, Herefordshire HR1 1PF3
£163K05/230.3 mi75, Whittern Way, Hereford, Herefordshire HR1 1PF3
£390K01/210.31 mi44, Lichfield Avenue, Hereford, Herefordshire HR1 2RJ3
£385K01/230.32 mi19, Quarry Road, Hereford, Herefordshire HR1 1SS3
£335K05/230.33 mi46, Seaton Avenue, Hereford, Herefordshire HR1 1NR3
£227.5K05/210.33 mi70, Seaton Avenue, Hereford, Herefordshire HR1 1NR3
£235K03/210.33 mi62, Seaton Avenue, Hereford, Hereford And Worcester HR1 1NR3
£355K02/230.33 mi66, Seaton Avenue, Hereford, Herefordshire HR1 1NR3
£233K06/210.33 mi44, White House Way, Hereford, Herefordshire HR1 1PX3
£305K05/230.33 mi32, Brookside, Hereford, Herefordshire HR1 2RW3
£295K06/210.33 mi39, Brookside, Hereford, Herefordshire HR1 2RW3
£295K12/220.33 mi34, Seaton Avenue, Hereford, Herefordshire HR1 1NR3
£319K12/220.34 mi12, Wellington Place, Hereford, Herefordshire HR1 1SW3
£285K04/210.34 mi12, Wellington Place, Hereford, Herefordshire HR1 1SW3

Local Rents

13 rents from £875/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£99512/240.21 miWhittern Way, HEREFORD3
£97512/240.36 mi-3
£97508/240.36 mi-3
£1,10012/240.38 mi-3
£1,30012/240.42 mi-3
£1,30012/240.58 mi-3
£1,30012/240.58 mi-3
£1,35011/240.58 mi-3
£1,20012/240.64 miSt. Owen Street, Hereford3
£99512/240.67 mi-3
£1,10008/240.82 mi-3
£87504/241.05 miBridge Street, HEREFORD3
£99505/241.22 miMortimer Road, Hereford3

Local Area Statistics

Population in HR1

32,145

Population in Hereford

101,068

Town centre distance

4.28 miles away

Nearest school

0.40 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £250,000

March 20, 2025

Floor Plans

Description

  • Semi-detached house +
  • Three bedrooms +
  • Two receptions +
  • Scope to modernise +
  • Driveway parking and garage +
  • Rear gardens +
  • Popular area near amenities +
  • No onward chain +

Build date: 1930's
Approximate Area: 101 sq.m / 1095 sq.ft

THE PROPERTY: This traditional 1930's, semi-detached house presents an excellent opportunity for updating and modernisation throughout. The property features an entrance hallway that leads to a front living room with a curved bay window, a formal dining room, and a kitchen.

Off the dining room is a conservatory that overlooks the rear garden, while the kitchen leads through to a useful storeroom and a downstairs toilet/utility area.

Stairs from the hallway lead to the first-floor landing, which provides access to three bedrooms and a shower room.

Externally, the property benefits from driveway parking leading to a single garage.

LOCATION: The property enjoys an elevated position on Ledbury Road in the highly sought-after Tupsley area of the city. Located approximately 1.5 miles north/east of the city centre, it is conveniently close to a range of amenities, including a Tesco Express with a filling station, a pub, a fish and chip takeaway, and a hairdresser.

The city centre, set along the banks of the River Wye, offers a wide selection of shops, bars, restaurants, services, and facilities.

ACCOMMODATION: Approached from the front, in detail the property comprises:

Porch: door to hallway.

Hallway: stairs to first floor with storage under, doors to living room and inner hall.

Living Room: curved bay window to front, coal effect gas fire with surround.

Inner Hall: store cupboard, doors to dining room and kitchen.

Dining Room: coal effect gas fire with surround, built-in storage, panel door with side windows to conservatory.

Conservatory: windows to the rear, door to garden.

Kitchen: window to side, units, work surface, sink, freestanding cooker, door to rear lobby.

Rear Lobby: door from driveway offering alternative access into the property, doors to toilet/utility and store room.

Toilet/Utility: frosted window to rear, toilet, space for washing machine.

Store Room: frosted window to rear.

Stairs in the hall provide access to the Landing: having window to side, attic hatch, doors to bedrooms and shower room.

Bedroom One: curved bay window to front.

Bedroom Two: window to rear, airing cupboard with water cylinder.

Bedroom Three: window to front.

Shower Room: frosted window to rear, cubicle with electric shower, toilet, pedestal sink, towel heater.

Outside: To the front of the property is a lawn garden with flower bed border and a tarmacadum driveway which continues to the side of the property providing off road parking for multiple vehicles and leading to the Garage: double opening doors and a side window. The rear garden can be accessed via the driveway and provides lawn garden with shrub and bush borders and pathway.

Council Tax Band: C

Services: Mains gas, electricity, water and drainage are connected to the property.

Agents Notes: None of the appliances or services listed have been tested. While we strive for accuracy, please contact our office if any details are particularly important to you, especially before making a long journey to view the property. All measurements are approximate.

To View:  Applicants may inspect the property by prior arrangement with Andrew Morris Estate Agents, 1 Bridge Street, Hereford – telephone – email - who will be pleased to make the necessary arrangements.  For your convenience, our Bridge Street office is open Monday to Friday from 9.00am to 5.30pm, and Saturday 9.00am to 12.30pm.  Outside office hours please contact Andrew Morris on or . 
 
Money Laundering Regulations - To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer.  We ask for your co-operation in order that there is no delay in agreeing the sale.

Agent Details

Andrew Morris Estate Agents Limited, Hereford

01432 805202

Next Steps?

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