2-bedroom terraced house · LD8 2AT
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive two-bedroom Victorian mid-terrace property with features to include a cosy living room with a period fireplace and sash windows, a modern fitted kitchen with integrated appliances, contemporary bathroom, enclosed rear garden and a convenient town centre location.
Ideal for first-time buyers, investors or those seeking a low-maintenance home.
Introduction Situated within easy reach of local amenities, 40 Hereford Street is a charming Victorian mid-terrace property combining period character with modern convenience.
The accommodation has been thoughtfully updated to include a contemporary fitted kitchen and bathroom, whilst retaining attractive original features including a brick fireplace, sash windows and built-in storage.
The property further benefits from an enclosed rear garden, making it an appealing home for a range of purchasers.
Property Description The property is entered into a welcoming living room, a bright and comfortable reception space featuring an attractive period brick fireplace which provides a focal point to the room.
A useful original built-in cupboard adds character and practical storage, whilst the room offers ample space for seating and everyday living.
Leading from the living room is the modern fitted kitchen, appointed with a range of matching base and wall units complemented by contrasting work surfaces and tiled flooring.
Integrated appliances include an electric oven, hob, fridge freezer and washing machine, creating a practical space for cooking and entertaining.
A door to the rear provides convenient access to the garden.
The contemporary bathroom is fitted with a modern white suite comprising a panelled bath with shower over and glazed screen, wash hand basin and WC.
Complemented by attractive wall tiling and natural light from the rear-facing window, the bathroom provides a clean and modern finish.
On the first floor you find two bedrooms, bedroom one is a double with a window to the front and to the rear a single bedroom or home office.
Prospective buyers are advised there is restricted flooring with the boxing from the stairs.
Gardens And Parking The rear garden is enclosed and predominantly laid to level ground, offering excellent potential for further landscaping.
A charming stone-paved terrace provides an ideal seating area, complemented by attractive stonework and newly installed timber fencing creating a private and secure space.
Rear pedestrian access leads directly onto Apple Tree Meadow. On street parking is available but not guaranteed. Location The popular Border Town of Presteigne with great access to the town centre.
Presteigne was the county town of Radnorshire and has become a local cultural centre, hosting two festivals.
First, the oddly named Sheep Music Festival dedicated to contemporary music and the Presteigne Festival of Music and the Arts.
The town is fortunate to have an award winning museum - The Judges Lodgings.
Presteigne has a Primary and Secondary School, Leisure Centre and thriving community spirit with the popular market being held once a month.
Further afield, the markets towns of Knighton and Ludlow offer a range of facilities, the latter being known for its restaurants and festivals.
The nearest train station is in Knighton, a little under 7 miles away. The Cathedral City of Hereford, 20 miles offers greater amenities. Services Mains water, electricity and drainage.
Night storage heating. Agents Notes Please note that the rear garden benefits from pedestrian access via a timber gate leading directly onto Apple Tree Meadow.
This access is shared with the neighbouring property, 41 Hereford Street, and purchasers should satisfy themselves as to any rights of access during the conveyancing process.
The current title for this property is shared with 41 Hereford Street and the title will be split once a sale is agreed and conveyancing starts.
We are advised that 41 Hereford Street is also currently available for sale through the selling agents Cobb Amos. Further details can be obtained upon request.
Anti-Money Laundering Regulations In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source.
At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £24 Inc. VAT per purchaser, in order for us to carry out our due diligence.
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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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About 40, Hereford Street, Presteigne
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