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See how verdicts work5-bedroom detached house · HR6 9PE
For saleReduced £100k (−12.5%) on 26 OctListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situation: The Mill at Mortimers Cross is set within the hamlet of Mortimers Cross in the heart of the Herefordshire countryside with views of the River Lugg.
The area is fantastic for recreational pursuits including walking, cycling, horse riding and other sports with the renowned Luctonians Sports Club approximately two miles away.
Nearby is the sought after village of Kingsland, close to the acclaimed Black and White Village Trail.
It is very well placed for a host of amenities which include a doctor’s surgery, post office / village shop, a church, a primary school and two public houses.
A further range of amenities can be found in the attractive market town of Leominster.
A little further afield, the pretty town of Ludlow is a thriving market town and an architectural gem with a lively community feel, busy with events and festivals throughout the year.
It has an international reputation for food and drink with many excellent restaurants and cafes, enhanced by the area's abundance of good quality producers.
The Cathedral City of Hereford is to the south. Birmingham and the West Midlands are an approximate one hour commute with many convenient rail links.
There are excellent state and independent schools in the area including Lucton which is within walking distance, Wigmore, Moor Park and Hereford Cathedral School.
Leominster, Ludlow and Wormsley Golf Clubs and Ludlow National Hunt racecourse are within a short drive.
The Country House comprises of a hallway, a living room with feature inglenook and log burner, a dining room, a family room, a kitchen / breakfast room and a utility / boot room / WC on the ground floor.
On the lower ground floor there is a cellar. Upstairs on the first floor are four bedrooms including one with en-suite facilities and a family bathroom.
On the second floor there is a fifth bedroom set in the roof space with wood panelled walls and ceilings and four different access points to eaves storage.
Outside, there is ample parking for several cars, various redundant sheds and large private gardens with countryside and river views.
The Cottage comprises of a reception room with fireplace, kitchen and utility room with access to the gardens, plus two bedrooms with a shower room on the first floor.
The adjacent scheduled mill dates back to 1690 and is a fine example of a post medieval water mill which is under the guardianship of English Heritage who are responsible for maintaining the mill in working order.
The land follows the course of the River Lugg and 200m north of the mill is a stone weir. The Barns include a range of stone and timber traditional buildings and modern portal frame buildings.
Subject to the appropriate planning permissions the buildings could be suitable for residential conversion, however the vendor has not pursued any planning applications at this stage.
Mains water and electricity for both properties. Oil fired heating in the main house and wood burning stoves in both properties. Shared septic tank drainage for both properties.
Postcode: HR6 9PE Local Authority: Herefordshire Council ) Council Tax: The Mill House: Band F The Mill Cottage: Band A Mobile Signal: EE Y Three Y O2 Y Vodafone Y Broadband Speed: Our research has indicated that Superfast Broadband is available at this property via Gigadear Cable.
Please conduct your own research to ensure the speeds meet your requirements. Flood Risk: Surface Water Medium Risk. Rivers and Sea: Very Low Risk.
Fixtures and Fittings: Whilst all attempts have been made to accurately describe the property in regard to fixtures and fittings, a comprehensive list will be made available by the seller’s solicitors.
Wayleaves, Easements and Rights of Way: The property will be sold subject to and with the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.
Please Note: The Mill is scheduled therefore may fall under the curtilage. English Heritage have their own right of access to The Mill via a gate and path. Buyers to make their own investigations.
The Mill, the stone weir and the succession of small quarries are Scheduled Ancient Monuments, including the lane to the Quarry.
Himalayan Balsam is located on the west boundary by the track adjacent to the river. Directions: From Ludlow take the B4361 and then the B4362 to Lucton.
Continue past Lucton School and continue for 1 mile and the property is located on the right hand side just before Mortimers Cross what3words: panther.buying.encounter
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About The Mill, Mortimers Cross, Leominster, Herefordshire
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