Studio flat · HR1 2NT
For saleReduced £5k (−9.1%) on 24 AugListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a convenient central location within easy walking distance of Hereford city centre, a purpose built, over 55s ground floor studio flat offering ideal retirement accommodation.
The property is offered for sale with no onward chain and we recommend an internal inspection.
Full Description Occupying a convenient central location within easy walking distance of Hereford city centre, a purpose built, over 55s ground floor studio flat offering ideal retirement accommodation.
The property is offered for sale with no onward chain and we recommend an internal inspection.
Communal Entrance Hall Accessed through communal doors from both the side and front of the property the entrance hall leads on to the Reception Hall With fitted carpet, wall mounted electric heater, coat hooks, emergency alarm systems and door to the Kitchen With a single drainer sink unit and mixer tap over, wall and base cupboards, work surfaces with splash backs, space for appliances, double glazed window with blind, laminate flooring.
Bed/Sitting Room With laminate flooring, wall mounted electric heaters, 2 double glazed windows to the front aspect, hand rail, emergency pull cord and door to the Shower Room With suite comprising a walk in shower with seat, hand rail and electric shower unit, low flush WC, wash hand basin, mirror fronted medicine cabinet, electric heater, a further hand rail, laminate flooring, partially tiled wall surround and an airing cupboard.
Outside The property stands in well maintained communal gardens with a communal car park to the rear. Services Mains water, electricity, drainage are connected.
Viewing Arrangements Strictly by appointment through the Agent, Flint & Cook, Hereford . Agent's Note 1. There is a 99 year lease from March 2005 leaving 78 years to run.2.
The service charge is £446 per quarter. Outgoings Council tax band A Water and drainage rates are payable.Service charge £446 every three months.
Money Laundering Regulations Prospective purchasers will be asked to produce identification, address verification and proof of funds at the time of making an offer.
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
Agent & docs
FAQ
About 5, St Owen Court, Hereford
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