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See how verdicts work2-bedroom flat · HR7 4EB
For saleListed 572 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FLAT 2, WHITEHORSE MEWS is a first floor flat in a period building conversion close to the town centre, all its amenities, and the bus stop for the regular Hereford service.
It shares the spacious hall and stairs with just two other flats and from the south facing windows there are views over roofs to wooded hills.
It has gas fired central heating to radiators each having thermostats, carpets, kitchen units with integral cooker and hob, phone system to street door.
SHARED RECEPTION HALL AND STAIRS serving just three flats on three floors.
Door to HALL AND PASSAGE with exposed ceiling timber, central heating thermostat, phone to street door, smoke alarm, carpet, doors to each room.
Double louvered doors to AIRING CUPBOARD with radiator, hanging rail and shelf.
LOUNGE/KITCHEN (18' x 11'5") The kitchen area has a range of base and wall units of cupboards and drawers, integral electric cooker, space and plumbing for washing machine, space for fridge, work surface with tiled splashback, inset sink, inset 4-ring gas hob with chimney style extractor over, gas fired combi-boiler in one cupboard.
Vinyl floor covering, 3 inset ceiling lights and window. The lounge area has a radiator, carpet, TV and telephone points, smoke alarm, exposed ceiling timbers, sash window to south.
BEDROOM 1 (11'6" x 10'2") Radiator, carpet, exposed ceiling timber, south facing sash window.
BEDROOM 2 (12'4" x 8'4") Radiator, carpet, exposed ceiling timber, two sets of double doors to built-in wardrobes, sash window to south.
BATHROOM Suite of panelled bath with tiling, shower taps, rail, hand basin and WC, Vinyl floor covering, ladder style towel rail/radiator, window, extractor.
SERVICES Mains electricity, gas, water and drainage. COUNCIL TAX BAND - A TENURE The property is held on a 99-year lease granted in 2005. The ground rent is about £100 per annum.
The occupiers of the three flats are, at present, in negotiation to purchase the freehold. When this is completed the three owners can increase the years remaining.
POSSESSION The flat has been let to the existing tenant on an assured shorthold agreement for the last two years at £550 pcm. VIEWING Strictly by prior appointment with the agent on .
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About Flat 2, The Whitehorse Mews, Bromyard, HR7 4EB
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