2-bedroom detached house · LD7 1DW
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in the heart of the charming market town of Knighton, Holly Cottage is a delightful two-bedroom home with plenty of potential.
Conveniently located just a short walk from the town’s shops and amenities, the property is further complemented by a garden and an outbuilding, enhancing both its practicality and appeal.
The home is in need of renovation and upgrading, offering the perfect opportunity for someone to put their own stamp on it.
Location The property enjoys a convenient location in a quiet residential area within walking distance of the town centre, which offers a good selection of amenities, including healthcare facilities and various recreational activities.
Its beautiful rural setting makes it ideal for those who enjoy outdoor pursuits.
The larger market towns of Ludlow and Leominster are approximately 17 and 20 miles away respectively, while the city of Hereford is about 30 miles from the town.
Entrance Hall Entering via a UPVC front door into a small hallway, with doors leading off.
Living Room A good-sized, light-filled room with windows to either side and a focal brick fireplace with an inset gas fire.
This space works well as a living area, with the potential to utilise one end as a dining space. Kitchen A compact yet practical kitchen with windows to the front and side.
Fitted units provide generous worktop space with a sink and drainer, along with space and plumbing for a washing machine and space for a cooker, offering good functionality and room for appliances.
Bathroom Fitted with a panel bath, pedestal wash hand basin, and low-level WC, with a window to the rear.
First Floor A staircase from the living room leads to the first floor, providing access to two bedrooms: Bedroom One A generous double spanning the width of the house.
Bedroom Two Another double bedroom with a fitted cupboard.
Garden To the front of the property is a wicket gate with an inset flower bed, and a pathway leading to both the entrance door and the rear of the property.
The side garden is bordered by mature hedging and features a reasonably level lawn with surrounding shrubs and bushes. At the rear, there is a small concrete area for amenities.
This is a manageable, low-maintenance garden with potential, all enhanced by the sound of the nearby brook.
Outbuilding Accessed from the entrance to two neighbouring bungalows, set in an elevated position, is a Nission type hut, currently hidden from view and approached via a wooden pedestrian door.
Previously used as a workshop, it provides a generous space. To the rear lies an area of ground, presently overgrown.
This useful outbuilding offers potential for further development, subject to the necessary consents. (Please note that care must be taken when viewing).
Parking There is no direct parking at the property. However, public parking can be found nearby, along with on-street parking where available.
Please note, the property is accessible by foot only.
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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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