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See how verdicts work1-bedroom flat · HR2 7JJ
Listing removedListed 143 daysAuction 22 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by public auction on Wednesday 22nd July 2026 at 2pm with an auction guide price of £50,000-£80,000.
1 bed ground floor flat in need of modernisation with garden area in a commuting distance to the city of Hereford. No chain.
ENTRANCE UPVC door to HALLWAY Access to storage cupboard, radiator.
KITCHEN 2.6m x 1.7m Fitted wall and base units incorporating stainless steel sink with drainer, space and plumbing for appliances.
BEDROOM 3.1m x 3.3m Radiator LIVING ROOM 3.4m x 3.4m Gas fire, radiator BATHROOM White suite, shower, W.C., hand basin, radiator.
OUTSIDE Pedestrian gate to shared front garden with a path to side and rear, where there is a garden area and detached brick garden shed.
FOR SALE BY PUBLIC AUCTION To be offered for sale by public auction, subject to conditions of sale and unless previously sold, At Hazle Meadows Auction Centre, Ross Road, Ledbury, Herefordshire, HR8 2LP on Wednesday 22nd July 2026 at 2pm.
AUCTION PACK A link to the auction pack will be made available nearer the date of sale.
Any queries of a legal nature, please direct to the vendors solicitor, preferably via your own conveyancer.
AUCTION GUIDE PRICE £50,000-£80,000 Please note an Auction Guide Price is an indication by the Agent of the likely sale price and is not the same as a Reserve Price.
The Reserve Price is the lowest price at which the vendor will consider a sale and is within or below the Guide Price. Both figures are subject to change.
ONLINE BIDDING The auction will be live and online, if you wish to register to bid online please contact the office. All online bidders must be registered by 5pm on Monday 20th July 2026.
VENDORS SOLICITORS Forbes Solicitors. PO Box 686, Blackburn, BB2 9QY.
Aisha Bhailok acting Tel: COUNCIL TAX Band A (2025-2026) (Herefordshire Council ) SERVICES We understand from the vendor that mains water, electric and drainage are connected to the property TENURE We understand that the property is leasehold and offered with vacant possession VIEWING Strictly by appointment with the sole agents Pughs.
Tel.
Out of office hours James Pugh ANTI-MONEY LAUNDERING REGULATIONS We are governed by the Anti-Money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Crime Agency.
We will require formal identification from all the purchasing parties before proceeding, this can take the form of using photographic identification and a utility bill for your current address in accordance with this Act.
Without identification, a sale cannot proceed.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
FAQ
About Springfield Avenue, Hereford, Herefordshire, HR2
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