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See how verdicts work3-bedroom semi-detached house · HR4 7DA
Under offerListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Plot 57 is a semi-detached house with entrance hall, fitted kitchen, lounge, cloakroom/WC and upstairs three bedrooms with bathroom/WC. Gardens with two off-road parking spaces.
Available from spring 2024 on a 35% Shared Ownership basis at a price of £115,500 based on full market value of £330,000.
Rent/Service Charge payable at £546.60 per month (including Management Charges and Buildings Insurance) .. "Staircasing" to increase future ownership share is restricted to a maximum of 80%.
"Staircasing" to increase future ownership share is restricted to a maximum of 80%.
BRIEF SPECIFICATION *Gas central heating & solar panels *Kitchen with hob, oven and extractor *Vinyl flooring to WC, bathroom & kitchen *Turfed rear garden with screen fencing Credenhill is a rural village in Herefordshire, approximately 4.5 miles from Hereford itself.
You will find a Post Office, small local shops and Hereford Garden Centre is just a mile down the road from Oakfields, where there is a café restaurant and pet shop.
St Mary’s C of E Primary School is in the village, which continues to hold a good rating. Credenhill also sits within the catchment area of numerous high-performing high schools.
If you enjoy the outdoors from Oakfields you can follow the parish trails and the area on foot. Behind the development there is a public footpath with views of Herefordshire.
Credenhill Park Wood is managed by the Woodland Trust and is steeped in history, you will find a number of paths to explore and views of the Black Mountain.
Credenhill is only a short distance from the centre of Hereford City, where you will find a wide variety of cafes, restaurants and bars to suit all tastes.
You will also find notable country pubs, restaurants and cafés in the surrounding area and villages.
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.
Area
Agent & docs
FAQ
About Oakfields, Off A480, Credenhill, Hereford, HR4
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