We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · HR2 6SD
Listing removedListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this popular residential location south of Hereford City, a first floor two bedroom flat offering ideal first time buyer accommodation and being sold at 70% market value on the low cost housing scheme.
The property benefits from allocated parking and we highly recommend an internal inspection.
Ground Floor With communal entrance door leading into the entrance hall with stairs leading to the first floor where you have the entrance door for Flat 19 With entrance door leading into the Entrance Hallway With wood effect flooring, two ceiling light points, coving, ample space for coat and shoe storage, airing cupboard housing the hot water cylinder and doors to Lounge/Dining Room With wood effect flooring, coving, two ceiling light points, ample space for both living and dining, double glazed window to the side aspect and french doors with a Juliet balcony to the rear, the space opens into the Kitchen Fitted with matching wall and base units with ample work surface space over, stainless steel sink and drainer unit, integrated four ring electric hob with oven below and cooker hood over, integrated fridge/freezer, under counter space for a washing machine, tiled floor, ceiling light point and double glazed window.
Bedroom One A spacious double bedroom with fitted carpet, ceiling light point, electric heater, double glazed window and double built in wardrobe with mirrored sliding doors.
Bedroom Two With wood effect flooring, ceiling light point, electric radiator and double glazed window.
Bathroom Three piece white suite comprising a large p shaped panelled bath with tiled surround and mains fitment shower head over, pedestal wash hand basin with tiled splash back, low flush w/c, tiled floor, electric heater, ceiling light point and extractor.
Outside The property benefits from one allocated parking space and also has the benefit of ample on street parking.
Directions Proceed south out of Hereford on the A49 Ross Road, after passing the former Broadleys public house turn left at the traffic lights on to Bullingham Lane, turn right at the first roundabout, left at the second, and then Oak Field Road is on your left -hand side after approximately 150 yards.
Agents Note 1. The property is sold at 70% share of the market value and there is an application process that would need to be made via Herefordshire Council. 2.
Any prospective buyer has to be assessed by Strategic Housing at Herefordshire Council.
This is to show evidence that they require Affordable Housing and will also need to have a local connection to Herefordshire.
Please email Strategic Housing - 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 and drainage are connected.
Electric 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 Leasehold- vacant possession on completion.
Lease with 189 years beginning 1 April 2007 with 170 years remaining, Service charge - £56.88 Ground rent - peppercorn 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 19, Oak Field Road, Hereford
Explore nearby