2-bedroom flat · HR9 5PD
For saleReduced £20k (−8%) on 27 JulListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique investment opportunity to acquire a freehold property containing two large one-bedroom flats each offering Circa 600 sq, ft of accommodation and being conveniently located within the centre of town in ross on wye having easy access to local shops and amenities.
Flat A on the ground floor would benefit from light refurbishment, Flat B on the first floor is presented to a high standard and retains character features such as vaulted and beamed ceilings.
This fantastic investment opportunity provides a potential 7% yield return. Both flats comprise front porches, 24ft. Open plan living/kitchen rooms with built in appliances, 14ft.
Double bedrooms and bathrooms having three-piece white suites. Access is via a gated courtyard with an external staircase leading to Flat B. Both flats have walled courtyard gardens.
Flat A Front Porch Accessed via a wooden single glazed door with single glazed windows to side, space to hang coats, door leads into; Open Plan Kitchen/Living Room (7.42m x 4.39m (24'04 x 14'05)) A large space having a kitchen fitted with modern wall and base level units with laminate worktops and white metro tile splashbacks, inset stainless steel sink unit with drainer, integrated electric oven with induction hob and extractor hood over, space and plumbing for a washing machine, space for undercounter fridge and freezer.
The lounge area is ideal for a large corner sofa and furniture, there are two electric night storage heaters, tv point, phone point, dual aspect windows, door leads into; Hall Airing cupboard housing the hot water immersion tank, doors lead off to the bedroom and bathroom.
Bedroom (4.47m x 2.90m (14'08 x 9'06)) A good sized double room with an electric night storage heater, tv point, door leading out to the rear courtyard garden Bathroom (2.74m x 1.57m (9'00 x 5'02)) Comprising a white three-piece suite with a bath having an electric shower over, close coupled w.c and pedestal washbasin with tiled splash-backs.
Electric night storage heater, tiled floor, side aspect window.
Flat B Front Porch Accessed via an obscured double glazed upvc door with obscured double glazed upvc windows to side, tiled floor, space to hang coats, door leads into; Open Plan Kitchen/Living Room (7.42m x 4.39m (24'04 x 14'05)) An impressive space thanks to the vaulted and beamed ceilings, four skylights and a front aspect window provide an abundance of natural light.
The kitchen comprises a range of sleek wall and base mounted units with laminate worktops and white metro tile splash-backs, smart ceramic 1.5 bowl sink unit with drainer, breakfast bar, built in appliances include electric oven, induction hob and a fridge/freezer.
Space and plumbing for a washing machine. The lounge area is suitable for large sofas and furniture, tv point, modern wall mounted electric heater.
Door leads into; Hall Airing cupboard housing the hot water immersion heater, doors lead off to the bedroom and bathroom.
Bedroom (4.47m x 2.90m (14'08 x 9'06)) A double size room with built in double wardrobe, electric night storage heater, vaulted beamed ceilings, skylight, door leads out to the walled courtyard garden.
Bathroom (2.74m x 1.57m (9'00 x 5'02)) Comprising a white three-piece suite with a bath having an electric shower over, close coupled w.c, vanity washbasin with tiled splash-backs, tiled floor, skylight.
Directions From the Market Place in Ross town centre, proceed up Copse Cross Street, where the property can be found on the right hand side. Services Mains water, drainage, electricity.
Night storage heaters.
Water Rates Welsh water Local Authority Council Tax Band: Flat A- A, Flat B- A Herefordshire Council, Plough Lane, Hereford HR4 0LE Mobile Phone Coverage / Broadband Availability It is down to each individual purchaser to make their own enquiries.
However, we have provided a useful link via Rightmove and Zoopla to assist you with the latest information.
In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link.
In Zoopla, this information can be found via the Additional Links section, see "Property and Area Information" link.
Tenure Freehold Viewing Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required.
Office Opening Hours 8.30am - 6.00pm Monday to Friday, 9.00am - 5.30pm Saturday.
Property Surveys Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).
Money Laundering Regulations To comply with Money Laundering Regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer.
We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the seller(s)
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
Agent & docs
FAQ
About Flats A and B, 13, Copse Cross Street, Ross-On-Wye
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