2-bedroom flat · HR1 2JQ
Listing removedReduced £45 (−5.4%) on 29 JunListed 166 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom, second floor flat in the city centre, offered to let unfurnished. The property benefits from gas central heating.
Ground Floor Communal Entrance Hall: Second Floor Hall Leading to: Lounge 5.87m (19`3") x 4.50m (14`9") Spacious room with window to side and rear, radiator.
Kitchen 4.48m (14`8") x 3.95m (12`11") Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, plumbing for washing machine, built-in electric oven, built-in electric hob with extractor hood over, window to side, Storage cupboard, radiator.
Bedroom 1 4.75m (15`7") x 4.02m (13`2") Double bedroom, window to front, built in wardrobe, radiator.
En-suite (the only bathroom) White suite comprising wash hand basin, shower enclosure with shower, and close coupled WC, radiator.
Bedroom 2 4.50m (14`9") x 3.72m (12`2") Double bedroom, window to rear, radiator.
Parking: No parking provided with the property, Available from: End of May 2026 on an Assured Periodic Tenancy Rent: £840.00 per calendar month including water charges but exclusive of all other outgoings.
Deposit: £920.00 Holding Deposit: £184.00 Income & Affordability criteria To successfully apply to rent one of our properties, in addition to passing other checks the applicant`s verifiable* gross income or joint applicants` combined gross income must be three times the rent.
For this property the minimum household income is £28,800.00 per year gross income. (*Check with us for acceptable verifiable income types). Restrictions No Smoking/Vaping, No Sharers.
No business use.
Property Managed by: Managed by Arena Lettings (maintenance carried out by the landlord) Property Location: What3words ///gender.pepper.puzzle Property Services & Practicalities Council Tax: Band A Herefordshire Council EPC Rating: Band D (66) Property construction: Traditional Accessibility: Stairs to the property Heating: Gas Central Heating Utilities: Mains electricity and gas, mains water and drainage Flood risk - None advised by landlord - you can check at: Broadband, availability and cost: Please check with your provider or at: Mobile service: Please check with your provider or at: Viewings: Strictly by appointment with the Agent.
Before we can arrange a viewing, we ask that you complete our Pre-Qualifying Questionnaire and agree to our Terms and Conditions on-line All tenancies are offered subject to reference checks, Right to Rent Compliance, and landlord approval.
Please see our website for our terms and conditions, Tenant Fees Schedule, and referencing criteria for tenants. A copy of our Tenant Fees Schedule is also available in our shop.
Our Privacy Policy is on our website. This information does not form any part of an offer or contract.
All statements contained in the above relating to this property are made without responsibility on the part of Arena Lettings. Room measurements are approximate and for guidance only.
The prospective tenant should satisfy themselves that the property is suitable for their needs. Subject to contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 71d, St Owens Street, Hereford
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