Studio flat · HR6 8LJ
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold Investment Opportunity - Minster Court, Leominster.
A rare opportunity to acquire the freehold interest in a purpose-built block comprising six self-contained two-bedroom flats on South Street, Leominster.
Fully occupied by long-standing tenants, the property represents an established turnkey investment in a sought-after residential location.
The block comprises six spacious two-bedroom apartments, all maintained to a good standard throughout and benefiting from established occupancies.
The property has been professionally managed for a number of years, with a comprehensive history of maintenance, servicing and compliance management, providing continuity and confidence for prospective purchasers.
All flats are currently occupied with tenancy agreements in place, providing an established and well-performing residential investment.
The property offers scope for future rental growth and continued long-term investment potential.
Positioned within easy reach of Leominster town centre and local amenities, the development continues to prove popular with tenants.
Residents benefit from communal gardens to the rear and off-road parking to the front of the property.
Freehold blocks of this size and nature are rarely brought to the open market, making this an attractive opportunity for investors seeking a well-established residential asset.
Local Authority: Herefordshire Council. Flats individually banded as Band A. EPC Ratings: D (2 flats) and E (4 flats). We understand the property is connected to mains electricity, water and drainage.
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
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 advisers 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
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FAQ
About Minster Court, South Street, Leominster
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