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See how verdicts work1-bedroom flat · HR9 7AB
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Hub are delighted to present this second-floor one-bedroom apartment, ideally situated in the centre of town.
Accessed from Croft Lane, Bank House is entered through the red door, which opens into a light and spacious ground-floor inner courtyard.
The courtyard provides bicycle storage, along with access to the large basement, where each apartment benefits from secure storage.
As you enter the property, you are welcomed into a generous entrance hall with useful space for storing shoes and coats. Through the door ahead is the impressive open-plan kitchen/living room.
The kitchen is fitted with modern units and worktops, along with an integrated fridge freezer and dishwasher.
A large sash window floods the room with natural light, while built-in storage sits either side of the feature fireplace. From the hall, the spacious bedroom is located to the right.
The bedroom benefits from a sash window and built-in storage either side of the fireplace. The bathroom is fitted with a toilet, sink, heated towel rail and bath with an overhead shower.
There is also space and plumbing for a washing machine. Stepping outside, Croft Lane is right on the doorstep.
Being located within the town centre, the apartment is ideally positioned for easy access to a wide range of shops, pubs, cafes and other local amenities.
Council Tax Band: B (Herefordshire Council) Tenure: Share of Freehold (980 years) Ground Rent: £100 per year Service Charge: £800 per year Second Floor Kitchen/Living Room 18.42ft x 14.42ft Oak floor with pendant light.
Wooden sash window and radiator. Integrated fridge freezer and dishwasher. Bedroom 15.08ft x 13.08ft Carpet floor and pendant light. Wooden sash window and radiator. Built in storage.
Bathroom 10.75ft x 4.67ft Vinyl flooring and spotlights above. Wooden window. Fitted toilet, sink, heated towel rail and bath with overhead shower.
Space and plumbing for a washing machine.
Network Signal EE - Good outdoor, variable in-home O2 - Good outdoor, variable in-home Three - Good outdoor and in-home Vodafone - Good outdoor and in-home Please verify via Ofcom Buyer Information It is a regulatory requirement that we complete an ID verification for every party involved in purchasing the property.
The fee for each verification is £25 including VAT.
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 Crofts Lane, Ross-on-Wye
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