1-bedroom house · HR6 8UJ
Listing removedReduced £2k (−1.6%) on 29 JulListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Bedroom Property : Ridgemoor Road : Oiro £125,000 This property offers an excellent opportunity for buyers seeking a project, with plenty of scope to improve and add value while creating a home tailored to individual tastes.
On approach, there is a useful external storage cupboard located to the right of the front door, providing space for meters and additional practical storage.
The property opens into the lounge, which connects directly to the kitchen, creating a simple and functional ground floor layout.
The home benefits from gas central heating and is fully double glazed throughout. The kitchen is in need of modernisation, offering buyers the chance to redesign and update to their own specification.
Upstairs, there is a double bedroom along with a recently updated bathroom, fitted with a bath and shower over. The bathroom also houses the boiler within a cupboard, adding further storage space.
The property is offered for sale with vacant possession, making it an ideal option for first-time buyers, investors, or those looking for a straightforward renovation project.
Tenure: Freehold No Onward Chain Services Connected: Mains Gas, Water, Drainage and Electricity Council Tax Band: A Broadband availability: According to Ofcom, Ultrafast (2300Mbps) is available in the area.
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
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FAQ
About 237, Ridgemoor Road, Leominster
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