1-bedroom flat · HR1 2SZ
Listing removedListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An unfurnished first floor studio flat conveniently situated approximately one mile east of the city centre. The property benefits from night storage heating and allocated off road parking.
Ground floor An external staircase leads to a small landing and the entrance door to the flat. Entrance Hall Airing cupboard with shelving.
Door to: Lounge/Bedsitting Room 4.10m (13'5") x 3.76m (12'4") Double glazed window to front, electric radiator, recessed clothes hanging area with hanging rail and shelf.
Kitchen 2.75m (9') x 1.70m (5'7") Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink, under counter fridge, built-in electric oven, ceramic hob with extractor hood over, double glazed window to rear.
Bathroom 1.96m (6'5") x 1.60m (5'3") White suite comprising, pedestal wash hand basin, shower enclosure with fitted shower, close coupled WC, double glazed window to rear.
External: Communal bin storage area. Parking: Allocated parking space for one car. Available from: Available now on an Assured Periodic Tenancy.
Rent: £575.00 per calendar month exclusive of all outgoings.
Deposit: £660.00 Holding Deposit: £132.00 Income & Affordability criteria To successfully apply to rent one of our properties, in addition to passing other checks the applicant`s verifiable* gross income or joint applicants` combined gross income must be three times the rent.
For this property the minimum household income is £20,700.00 per year gross income. (*Check with us for acceptable verifiable income types). Restrictions No Smoking/Vaping. No Sharers.
No business use.
Property Managed by: Arena Lettings (maintenance carried out by the landlord) Property Location: What3words ///sport.gears.cages Property Services & Practicalities Council Tax: Band A Herefordshire Council EPC Rating: Band D (58) Property construction: Traditional.
Accessibility: Stairs to access the property. Heating: Electric heating Utilities: Mains electricity, water and drainage.
Flood risk - none advised by landlord - you can check at: Broadband, availability and cost: Please check with your provider or at: Mobile service: Please check with your provider or at: Viewings: Strictly by appointment with the Agent.
Before we can arrange a viewing, we ask that you complete our Pre-Qualifying Questionnaire and agree to our Terms and Conditions on-line All tenancies are offered subject to reference checks, Right to Rent Compliance, and landlord approval.
Please see our website for our terms and conditions, Tenant Fees Schedule, and referencing criteria for tenants. A copy of our Tenant Fees Schedule is also available in our shop.
Our Privacy Policy is on our website. This information does not form any part of an offer or contract.
All statements contained in the above relating to this property are made without responsibility on the part of Arena Lettings. Room measurements are approximate and for guidance only.
The prospective tenant should satisfy themselves that the property is suitable for their needs. Subject to contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Mill Court, Ledbury Road, Hereford
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