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See how verdicts work5-bedroom house · HR1 1HR
For saleReduced £30k (−5.2%) on 12 AugListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial detached period property within easy reach of the city centre. Divided into 5 spacious apartments, each one self-contained. Let on AST basis. Estimated income circa 40k per annum.
Property Description This substantial detached double-fronted Victorian residence is conveniently located within walking distance of the city centre, in a prime area ideally placed for access to Hereford hospitals, railway station and further education colleges (Sixth form, Art and Technical).
Converted and extended in recent years to provide five very spacious self-contained apartments let individually on an Assured Shorthold Tenancy basis and have been consistently let since the property was converted, generating substantial income in excess of £40,000 per annum (exclusive of outgoings) see Agent's for further details.
Each apartment has gas central heating, up-to-date sanitaryware and modern fitted kitchens. Common areas are limited and there is a garage and parking space in Penn Grove Road.
Canopy Porch Door to Entrance hall Original tiled floor, emergency lighting, wall mounted electric heater. Ground Floor Self-Contained Apartment 1 Approximately 500 sq. Ft.
Entrance hall, large living room with radiator and sliding doors overlooking the garden, kitchen fitted with a range of matching base and wall mounted units, electric oven, four-ring hob and plumbing for washing machine, bedroom with radiator, cupboard housing gas fired central heating boiler and window to side, shower room with shower cubicle and mains fitment, wash hand basin, WC, ladder-style radiator and window.
Apartment 1 has the benefit of its own good-size private garden with a substantial paved patio. Apartment 2 (Basement) Approximately 397 sq. Ft.
Steps leading down to the Entrance Hall, Kitchen with fitted units, built-in electric oven, extractor hood, plumbing for washing machine, door to Shower Room with shower cubicle and mains fitment, wash hand basin, WC and ladder-style radiator.
Bedroom/Living Room has a radiator and eye-level windows to the front. Apartment 3 Approximately 650 sq. Ft. Entrance hall understairs storage cupboard.
Bedroom 13' 2'' excluding bay window x 10' 8'' (4.01m x 3.25m) Radiator, cupboard housing central heating boiler, original fireplace with surround.
Lounge 16' 7'' excluding bay window x 12' 10'' (5.05m x 3.91m) Feature fireplace, 2 radiators.
Kitchen 12' 5'' x 10' 5'' max (3.78m x 3.17m) Range of contemporary base and wall mounted units with worksurfaces and splashbacks, sink unit, electric oven, 4-ring hob, extractor hood, plumbing for washing machine.
Shower room with tiled walls and floor, double-width cubicle with mains shower, wash hand basin, WC, ladder-style radiator, extractor fan.
A staircase leads from the entrance hall to the First Floor Landing Apartment 4 Approximately 627 sq. Ft.
Entrance Hall Lounge 16' 7'' x 12' 10'' excluding bay window (5.05m x 3.91m) 2 radiators, door to Bedroom 12' 7'' x 11' 3'' excluding bay window (3.83m x 3.43m) Radiator, cupboard housing gas-fired central heating boiler.
Kitchen 12' 0'' x 10' 7'' (3.65m x 3.22m) high gloss-effect black base and wall units, worksurfaces, splashbacks, sink unit, plumbing for washing machine, electric oven, 4-ring hob, extractor hood, double-glazed window, door to Bathroom White suite, bath with mixer tap and mains shower, wash hand basin, WC, extractor fan, radiator, double-glazed window.
Apartment 5 Approximately 639 sq. Ft.
Entrance hall, separate WC with low-flush suite and wash basin, shower room with cubicle and mains shower, wash hand basin, open-plan kitchen/living room fitted with a range of matching base and wall units, built-in electric oven, four-ring hob and extractor hood, plumbing for washing machine and window to rear, living room with radiator and window to front, bedroom with radiator and window to front.
Outside To the front of the property is a paved area, there is also a communal bin/bike storage area. There is also a separate garage with parking space in nearby Penn Grove Road.
Please note, the property does not have formal parking to the front. Agents Note The income with full occupancy is circa £40,000 per annum.
Tenure & Possession Freehold - vacant possession on completion. Property Services Mains water, electricity, drainage and gas are connected. Gas-fired central heating.
Viewing Arrangements Strictly by appointment through the Agent .
Opening Hours Monday - Friday 9.00 am - 5.30 pm Saturday 9.00 am - 1.00 pm Money Laundering Prospective purchasers will be asked to produce identification, address verification and proof of funds at the time of making an offer.
Value & comps
No previous sales on record.
Returns
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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 5, Aylestone Hill, Hereford
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