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See how verdicts work3-bedroom house · HR9 7EE
Listing removedListed 247 days
Opportunity summary
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About
Location The picturesque riverside market settlement of Ross-on-Wye is the only English town standing within the Wye Valley Area of Outstanding Natural Beauty.
Formerly a centre for leather working, shoe making, brewing, corn milling and glove making, Ross became a very busy Coaching town in the 18th and 19th Centuries.
When viewed from either of the river bridges, the white painted façade of The Royal Hotel stands adjacent to the fine, 206 feet steeple of St Marys Church.
With a population of around 10,000, Ross remains a bustling town and the summer months in particular see many visitors coming to canoe, fish, cycle or alternatively enjoy more leisurely pursuits involving food and drink, perhaps downing a refreshing cider from one of the many local artisan cider makers.
Description Having a most attractive, half timbered facade, 23-24 Brookend Street comprises a commercial property with "Residential Opportunity".
The ground floor is to be retained for commercial purposes, whilst on the two floors above Listed Building Consent has been granted for conversion to two dwellings for residential use.
The building is Grade II Listed, and is likely to have been constructed circa 1500.
In 1646, the premises were occupied by Richard Harris, a Miller, who operated the substantial and important Mills just a few paces away at Fiveways.
Fine period features such as flagstone flooring and exposed beams are evident throughout the large building, which extends to over 3,000 sq ft.
For the last 50 years, the premises have been used as a noted Antique Dealers.
Accessed from either the front entrance door directly from Brookend Street, or via Butchers Alley, the ground floor has a wonderful flagstone floor and a large feature stone fireplace.
This part of the property is to be retained for commercial purposes, and also has been subject to flooding in the past.
Stairs lead to the first floor where again there are a wealth of exposed timbers and windows overlooking the street below.
To the rear is a galleried area, whilst stairs lead up to the second floor again with a large window overlooking Brookend Street. The Listing The property was listed Grade II on the 4th August 1972.
The detailed listing quotes "1560 BROOKEND STREET (East Side), C17 and later. 2 storeys and 3 dormers, 4 sash windows.
Passage on left of No 24 has store chamfered beam and wall with a few large dressed stones. Rear of all red sandstone with some old chimney stacks. Stucco front. 3 gabled dormers.
Slate roof." Planning Permission & Listed Building Consent Planning permission has been granted for the change of use of the first and second floor to residential.
The plans propose a large apartment at the front of the property with a living room overlooking Bookend Street, and kitchen and bathroom adjacent, whilst to the second floor there are two bedrooms.
Accessed via its own staircase, to the rear of the building, is a studio apartment with a kitchenette and wet room.
Full Planning details can be found on Herefordshire Councils website P250618/F and P252201/F together with Listed Building Consent P250625/L and P252202/L Ground Floor Showroom - 13.1m x 4.9m (42'11" x 16'0") A large and versatile space with stone fireplace and flagstone floor with entrance door giving direct access from Brookend Street and two windows to front facade.
Stairs leading to first floor and doors to two store rooms.
First Floor Potential Residential Accommodation - 9.1m x 6m (29'10" x 19'8") An exceptionally spacious room with fine period details including exposed wall timbers and ceiling beams.
From here there is direct access to the kitchen and a the bathroom. A further staircase leads back to the ground floor, whilst the main staircase leads to the second floor.
Second Floor Potential Residential Accommodation - 9.4m x 6m (30'10" x 19'8") Again an exceptionally generous space with exposed roof timbers and windows to two elevations.
First Floor Rear Potential Residential Accommodation - 5.7m x 5.7m (18'8" x 18'8") A room which currently looks down to the ground floor through a part opening door.
Agents Notes We have been advised by the vendor that the ground floor space has previously flooded. Flood Alleviation Schemes have been installed by the Local Authority.
Services We have been advised that mains water, electricity and drainage are connected to the property.
This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant authorities.
No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending purchasers are advised to satisfy themselves where necessary.
Tenure Freehold. We are advised (subject to legal verification) that the property is freehold.
General Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.
More information can be made available upon request.
John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.
Viewing By appointment to be made through the Agent's Ross-On-Wye Office, Tel: Council Tax The property is currently subject to business rates and therefore will need to be reassessed for council tax banding purposes EPC The EPC rating for this property is D Directions From the stone Market House in the centre of the town, proceed along Broad Street leading into Brookend Street and the property will be found on the right hand side opposite Aldi.
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.
Area
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FAQ
About Brookend Street, Ross-on-Wye, Herefordshire, HR9
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