We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · HR6 8RE
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £135,000 - Chain free semi-detached true bungalow located in a popular residential location within walking distance of Leominster town centre. Ideal opportunity for renovation.
Introduction Auctioneers Additional Comments Pattinson Auction are working in Partnership with Cobb Amos on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
Property Description Entry begins into an entrance hallway with facility for the hanging of coats and hats. To the right is a shower room with shower cubicle, WC, hand-basin, radiator and window out.
To the left is a bedroom with front aspect and built-in cupboard storage. The room is currently set up as a single.
Straight ahead of the entrance hallway is access to a sitting/dining room with second bedroom to the left, attached conservatory to the right and also access to the kitchen and utility.
The sitting/dining room is a room of good proportion with central fireplace feature. It opens out into the garden in way of a conservatory with sliding door.
The conservatory gives 180 degree views of the rear garden with a backdrop of fields and mature trees/shrubs.
Also connected to the sitting/dining room is the second bedroom to the property which has front aspect and allows for a double bed with room for a selection of bedroom furniture.
The kitchen, which again is accessed from the sitting/dining room, enjoys private, garden views.
It is equipped with a range of wall and base units, sink with garden view, housing for an oven and pantry cupboard.
A concertina door leads into a useful utility room with space for additional kitchen appliances, housing for a washing machine and doors leading to the front and rear of the property.
Garden & Parking Small garden to the rear with patio area and mature trees and shrubs. There is driveway parking to the front of the property that leads into an open sided carport.
There is parking for several vehicles.
Services Services tbc Tenure: Freehold Herefordshire Council Tax Band B Broadband Broadband typeHighest available download speed Highest available upload speed Availability Standard 16 Mbps 1 Mbps Good Superfast 80 Mbps 20 Mbps Good Ultrafast 2300 Mbps 2300 Mbps Good Networks in your area - Full Fibre, Openreach Source: Ofcom Mobile Checker Outdoor & Indoor Mobile Coverage Please follow the link below taken from Ofcom Mobile Checker: Location The property is situated in a mature residential area of Leominster close to the schools and railway station, and within walking distance of the town centre.
This is a popular market town and boasts a wealth of local shops, a weekly open air market, national supermarkets and a host of recreational facilities.
Transport facilities are ample with good road links to larger towns and regular bus and train routes.
Hereford City is located approximately 12 miles away and offers extensive entertainment and leisure facilities and a wide range of national and chain stores.
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Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 74, The Meadows, Leominster
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