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See how verdicts work1-bedroom flat · HR1 2HU
For saleListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the heart of Hereford City Centre, a first floor one double bedroom flat offering ideal first time buyer/ investor accommodation and being sold with the benefit of no onward chain.
The property which comprises an open plan kitchen/living area, one double bedroom and bathroom also benefits from gas central heating & double glazing. A viewing is highly recommended.
Ground Floor Stairs lead from the ground floor to the first floor with the entrance door to 47a leading into the Entrance Hall With radiator, coving, smoke alarm, loft hatch, wall light, wall mounted fuse box and door into the Kitchen/Living Area A light and airy space with two velux windows, a double glazed window to the front, a fitted kitchen comprising matching wall and base units with work surfaces over, sink and drainer unit, four ring and electric hob with oven below and cooker hood over, freestanding space for a fridge/freezer, cupboard housing the washing machine and space for tumble dryer, ample space for both living and dining, three radiators, two ceiling light points and doors into Double Bedroom A good sized double bedroom with double glazed window, radiator, coving, two ceiling light points and an array of fitted hanging rails and shelving with wall mounted gas central heating boiler.
Bathroom Three piece suite comprising panelled bath with mains fitment shower head over and tiled surround, wash hand basin, low flush w/c, double glazed window and ceiling light point.
Agents Note Please note the current vendor owns the freehold for the building which is separated into two flats, they're currently in the process of sorting a lease agreement and upon completion of both flats, the freehold will be transferred to the new owners.
Directions What3words/// hungry.major.bigger Money Laundering Prospective purchasers will be asked to produce identification, address verification and proof of funds at the time of making an offer.
Opening Hours Monday - Friday9.00 am - 5.30 pm Saturday 9.00 am - 1.00 pm Outgoings Water and drainage rates are payable. Property Services Mains water, electricity, drainage and gas are connected.
Gas-fired central heating. Residential Lettings & Property Management We operate a first class residential lettings and property management service, and are always looking for new landlords.
For further details please contact James Garibbo . Tenure & Possession Tbc - vacant possession on completion. Viewing Arrangements Strictly by appointment through the Agent .
Value & comps
No previous sales on record.
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 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 47A, Gaol Street, Hereford
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