2-bedroom bungalow · HR8 2ET
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is situated with an established residential location within walking distance of Ledbury town centre, which offers a comprehensive range of facilities and amenities to include, shops, post office, primary and secondary school, many leisure activities, mainline railway station and regular bus service.
The larger centres of Hereford, Worcester and Gloucester are all approximately 16 miles distant and the M50/M5 motorway network can be found some four miles to the south of the town.
Situation and Description Oakland Drive is situated in a quiet, established residential location within easy walking distance to Ledbury town centre, Number 38 offers scope for some updating and the accommodation comprises lounge, conservatory, kitchen two bedrooms, bathroom, well stocked private garden, garage and ample off road parking.
In more detail the accommodation comprises: Entrance Hall with radiator, power points, door to Storage Cupboard, door to Airing Cupboard housing the central heating boiler, hatch to roof space.
N.B The boiler is currently non-functional. Doors to: Bedroom One 10' 10" x 12' 1" (3.30m x 3.68m) with window to front, radiator, power points.
Bedroom Two 10' 11" x 8' 11" (3.33m x 2.72m) with window to front, radiator, power points.
Lounge 17' 0" x 10' 10" (5.18m x 3.30m) with Adam style fireplace with stone surround and tiled hearth, inset electric Living Flame fire, radiator, power points, T.V point.
Sliding door to: Conservatory 10' 0" x 7' 1" (3.05m x 2.16m) with door to side, power points.
Kitchen 10' 10" x 7' 10" (3.30m x 2.39m) with window to rear and side, range of laminate worktops with cupboards and drawers under, inset stainless steel sink with drainer, space for gas cooker, washing machine and fridge/freezer, eye level wall cupboards, tiled splashbacks, power points.
Bathroom with window to side, shower cubicle, low flush w.c., pedestal wash basin, tiled splashbacks, radiator, extractor fan.
Approach The property is approached from Oakland Drive via a concrete driveway with parking for several cars, adjacent lawned foregarden with well stocked shrub and floral beds.
Garage 8' 2" x 16' 10" (2.49m x 5.13m) with up and over door, power and light connected, pedestrian door and window to side.
Garden The rear garden can be accessed via a wooden side gate and forms a delightful feature of the property comprising a patio seating area, pathway with adjacent lawned garden with well stocked shrub and floral borders, second patio with Garden Shed.
Value & comps
No previous sales on record.
Returns
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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 Oakland Drive, Ledbury, HR8
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