3-bedroom terraced house · HR1 1NY
Listing removedListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* THIS PROPERTY IS NOW LET AGREED* Please Do Contact Our Office With Your Search Criteria And Our Team Will Be Happy To Advise Of Any Other Available Property * The Property - To the front of the property is an enclosed garden of low maintenance and being laid to gravel with a garden path, leading to the front door.
The front door opens into an entrance hall with staircase rising to 1st floor landing, wall mounted coat hooks, wall mounted central heating control, panel radiator and tiled flooring.
The sitting room has double glazed windows to front and rear, TV aerial, broadband point, two panel radiators and wood effect laminate flooring.
The kitchen offers a selection of base and wall mounted cabinets, sink, four ring gas hob with extractor over, integrated electric oven, space and plumbing for washing machine, wall mounted gas boiler, roll edge work surfaces, spotlighting, tiled flooring, double glazed door and window to rear.
Upstairs there are three bedrooms all having built in storage and a bathroom.
The bathroom offers a WC, pedestal wash hand basin, panel enclosed bath with shower over and splashback glass screen to side, wall tiling, wall mounted heated towel, window to rear, extractor fan and wood effect laminate flooring.
To the rear of the property is allocated off road parking, along with an enclosed rear garden mainly laid to lawn along with a patio seating area and useful outside store.
Affordability And Household Income - To qualify for the income requirements when applying for this property our referencing company require proof of a minimum household income of £33,000 Should a guarantor be required to support an application, an income of £39,600 would be required.
Tenancy Information And Permitted Payments - For information and payments in relation to the property please follow the Tenancy Information link.
This can be found above or below the asked rent when visiting Rightmove, On The Market and Zoopla.
If viewing on our own website this information can be found by selecting Tenant Guide from the To Let drop down menu.
Services And Expenditure - Services - All mains services to include electricity, gas and water. Council Tax - Band B Broadband Connectivity - 2000Mbps Download.
2000Mbps Upload - Ultrafast - Source Ofcom Viewing - Strictly by appointment through the Agent, Flint & Cook, , option 2.
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 Prospect Walk, Hereford
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