2-bedroom flat · HR8 2HE
For saleReduced £5k (−2.9%) on 2 AprListed 229 days
Opportunity summary
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About
The property is situated within walking distance of Ledbury town centre which offers a comprehensive range of facilities and amenities to include shops, post office, primary and secondary school, mainline railway station and regular bus service.
The larger centres of Hereford, Worcester and Gloucester are all approximately 16 miles distant and the M50/M5 motorway network can be found some four miles to the south of the town.
Situation and Description Bethell Court is situated within walking distance of Ledbury town centre.
Number 7 is located on the first floor and offers well presented accommodation to include lounge/dining room, kitchen, two bedrooms, bathroom, allocated parking space, use of communal gardens.
In more detail the accommodation comprises: Entrance Hall with power points, hatch to roof space, door to Storage Cupboard.
Doors to: Lounge/Dining Room 14' 7" x 11' 6" (4.45m x 3.51m) with window to front and side, wall mounted fireplace with inset gas fire, radiator, power points, T.V point.
Opening to: Kitchen 6' 3" x 14' 7" (1.91m x 4.45m) with window to front, range of worktops with cupboards and drawers under, inset 1 1/2 stainless steel sink with drainer, built-in electric hob with double oven under and stainless steel extractor hood, eye level wall cupboards, integrated dishwasher, fridge/freezer and washing machine, tiled splashbacks, radiator, power points, ceiling spot lights, tiled flooring.
Bedroom One 14' 5" x 8' 11" (4.39m x 2.72m) with window to front and side, radiator, power points, double doors to built-in wardrobe.
Bedroom Two 10' 10" x 7' 5" (3.30m x 2.26m) with window to side, radiator, power points, door to Storage Cupboard.
Bathroom with panelled bath with shower over, low flush w.c., pedestal wash basin, tiled splashbacks, ladder style radiator, extractor fan.
Approach The property is approached from New Street via wrought iron electric double gates with fob and keypad entry system, leading to the communal parking area where Number 7 has an allocated parking space.
Communal Garden The property benefits from the use of well maintained communal garden which comprises a large lawn with well stocked shrub and floral beds, a gravelled path with hedging leads to a circular seating area.
There are communal bin store and bike store. The garden is bound on all sides.
Leasehold Information We understand there is approximately 229 years left on an 250 year lease which commenced in April 2005.
Ground Rent: £125 per annum (paid half yearly) Service Charge: approximately £2321.28 per annum - which covers communal areas and gardens, door and gate entry system, maintenance of the building, window cleaning and management fees.
Each Flat is required to pay towards the Buildings Insurance: currently £483.22 a year.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About New Street, Ledbury, HR8
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