2-bedroom flat · HR9 7FW
For saleListed 603 days
Opportunity summary
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About
No onward chain.
A delightful and unique opportunity to acquire a two-bedroom, second floor retirement apartment, peacefully positioned at the end of a communal hallway, offering the perfect blend of independence and privacy.
Wallace Court is in the heart of Ross-on-Wye within a short walking distance of the town centre shops and also a large supermarket. There are also excellent bus routes from the town centre.
The property is entered via: Staircase or lift leading to the second floor. Front Entrance Door leading into: Entrance Hall: Door into airing cupboard housing Ariston pressurised to water cylinder.
Sitting/Dining Room: 14'4" x 14'1" (4.37m x 4.3m) Quadruple glazed windows to front aspect overlooking the town. Electric Dimplex night storage heater. Coving to ceiling. Door to coats cupboard.
Telephone and TV socket. Glazed double doors to: Kitchen: 8'11" x 6'2" (2.72m x 1.88m) Quadruple glazed window to front aspect.
Base and wall mounted units with AEG appliances including hob with extractor over. Built in fridge and eye level oven. Tiled splashbacks, undercabinet lighting.
Bedroom 1: 11'7" x 10' (3.53m x 3.05m) Quadruple glazed window to rear aspect with views over the town. Night storage heater.
Range of fitted furniture including two double wardrobes, two chest of drawers. TV point. Bedroom 2/Dressing Room: 10'10" (3.3m) into wardrobe x 8'11" (2.72m) Quadruple glazed window to rear aspect.
Range of wardrobes. Wall mounted heater. Shower Room: Comprising low level WC. Pedestal wash hand basin with vanity unit and fitted mirror.
Walk in shower cubicle with mains pressured shower and fully Aquaboard surrounds. Electric Dimplex wall heater. Electric towel rail. Extractor fan.
Communal Areas: There is a lovely communal area with seating, tea and coffee making facilities and has a real community feel.
From this area access can be gained to the wash areas and onsite guest accommodation which can be booked for relatives.
Age Restrictions: It is a condition of purchase that a single resident must be over the age of 60 years, or in the event of a couple, one must be over the age of 60 and the other 55 years.
Lease 125 years from 1st Dec 2006 Verified Material Information Council tax band: B Council tax annual charge: £1750.37 a year (£145.86 a month) Tenure: Leasehold Lease length: 125 years remaining (106 years from 2006) Ground rent: £495 pa Service charge: £4862 pa Electricity supply: Mains electricity Water supply: Mains water supply Sewerage: Mains Heating: Room heaters only Heating features: Night storage and Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone, Three and EE - Great Parking: Communal Restrictions - Conservation Area: Ross on wye Conservation area Public right of way: No For the complete Verified Information please either scan the qr code or contact the office.
Directions: From the Ross on Wye office proceed left on the Gloucester Road and turn left into Henry Street proceed onto the T junction and turn left into Station Street where the property can be found 200 yards on the right hand side via the gated entrance.
Once inside the communal area, bear right towards the lift, use the lift to gain access to the second floor turning right and proceed down the communal hallway following the signs to Flat 35.
Alternatively upon reaching Wallace Court, those who prefer, can use the private stairwell in the left corner of the building proceeding up the two flights of stairs where access to the property can be found.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 35, Wallace Court,, Station Street, Herefordshire
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