2-bedroom flat · HR4 9BX
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor apartment is located in the heart of the business quarter of Hereford City just a short walk from Hereford Cathedral and city centre shops.
Communal Access: VIdeo entry system Entrance Hall Double glazed window to side and front, electric radiator, wood effect laminate flooring, video entry phone system.
Living Room 5.18m (17`) x 4.04m (13`3") Two double glazed windows to front, electric radiator, wood effect laminate flooring.
Kitchen area fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink, fridge/freezer and washing machine, built-in electric oven, four ring electric hob with extractor hood over.
Bedroom 1 4.60m (15`1") x 2.66m (8`9") Skylight, electric radiator, fitted carpet. Bedroom 2 2.96m (9`9") max x 2.96m (9`9") max Double glazed window to front, electric radiator, fitted carpet.
Bathroom White suite comprising panelled bath with electric shower, corner wash hand basin, close coupled WC, tiled surrounds, double glazed window to side, heated towel rail.
Parking: None provided with the property. There are public car parks nearby (charges apply) Available from: End of August on an Assured Periodic Tenancy.
Rent: £760.00 per calendar month exclusive of all outgoings.
Deposit: £875.00 Holding Deposit: £175.00 Income & Affordability criteria To successfully apply to rent one of our properties, in addition to passing other checks the applicant`s verifiable* gross income or joint applicants` combined gross income must be three times the rent.
For this property the minimum household income is £27,360.00 per year gross income. (*Check with us for acceptable verifiable income types). Restrictions No Smoking/Vaping. No Sharers.
No business use. Some pets may not be allowed.
Property Managed by: Arena Lettings Full Management Agent's Notes electricity supplied on pre-payment system (private landlord supply) Property Location: What3words ///drama.handy.little Property Services & Practicalities Council Tax: Band A Herefordshire Council EPC Rating: Band E (52) Property construction: Traditional Accessibility: Steps to access the property Heating: Electric heating Utilities: Mains electricity, water and drainage Flood risk - None advised by landlord - you can check at: Broadband, availability and cost: Please check with your provider or at: Mobile service: Please check with your provider or at: Viewings: Strictly by appointment with the Agent.
Before we can arrange a viewing, we ask that you complete our Pre-Qualifying Questionnaire and agree to our Terms and Conditions on-line All tenancies are offered subject to reference checks, Right to Rent Compliance, and landlord approval.
Please see our website for our terms and conditions, Tenant Fees Schedule, and referencing criteria for tenants. A copy of our Tenant Fees Schedule is also available in our shop.
Our Privacy Policy is on our website. This information does not form any part of an offer or contract.
All statements contained in the above relating to this property are made without responsibility on the part of Arena Lettings. Room measurements are approximate and for guidance only.
The prospective tenant should satisfy themselves that the property is suitable for their needs. Subject to contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 1, Phoenix Chambers, HEREFORD
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