2-bedroom flat · HR4 0BG
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented, spacious first floor apartment with double glazing and gas central heating in a convenient city centre location.
Renovated to a high standard, the apartment comprises large reception hall, open plan kitchen and lounge, two double bedrooms, en-suite bathroom and separate shower room.
Notes and Comments: Available Mid September. RENT INCLUDES WATER. Please note there is no parking with the apartment.
However there is a council car park very close by where seasonal permits are available.
Holding Deposit: £218 (Payable when application is submitted, this amount will then be deducted from your first month's rent).
The holding deposit will not be refunded if your application does not proceed for the following reasons: •Prospective tenant pulls out •Prospective tenant fails the Right to Rent •Prospective tenant provides false or misleading statements (ie false income) •Prospective tenant misses the completion deadline Deposit Required: £1090 Council Tax Band: B Walking Directions: From King Street proceed towards the traffic lights on St Nicholas Street, the property is on your right hand side.
Go through the iron gate to the side and proceed up the first set of steps.
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.
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 advisors 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
FAQ
About City Centre, Hereford
Explore nearby
