2-bedroom terraced house · HR4 9ND
Listing removedReduced £9.9k (−4.7%) on 12 JunListed 330 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Victorian, 2 bedroom end terraced house situated on Priory Place a short distance north of Hereford city.
The property is ideal for first time buyers or as an investment and has plenty of charm retaining many original period features.
The property has a large enclosed garden to the side which has further potential for development subject to the appropriate permissions.
Planning permission to extend the property to a four bedroom dwelling was granted but has now lapsed.
Introduction - The property briefly comprises of; Lounge, Dining room, Kitchen, Two bedrooms, Bathroom, and Garden.
Property Description - In more detail the property comprises of - Ground Floor Lounge: 10’2” x 11’6” (3.12m x 3.52m) Open fireplace. Front aspect double glazing. Radiator.
Dining room: 9’7” x 11’6” (2.94m x 3.51m) Under stairs storage cupboard. Open fireplace. Rear aspect double glazing. Radiator. Kitchen: 9’11” x 7’0” (3.04m x 2.14m) Fitted kitchen units.
Space for cooker. Space for washing machine. Space for fridge. Space for freezer. Side aspect double glazing. Boiler. Door leading to the garden.
First Floor Bedroom 1: 10’3” x 14’8” (3.13m x 4.48m) Double bedroom. Open fireplace. Front aspect double glazing. Built in cupboard. Radiator. Bedroom 2: 9’8” x 9’9” (2.95m x 2.98m) Double bedroom.
Rear aspect double glazing. Built in cupboard with water tank. Heated towel rail. Radiator. Bathroom: 9’10” x 7’0” (3.01m x 2.15m) Bath with electric shower over. Sink. WC. Side aspect double glazing.
Garden & Parking - To the front of the property there is a small pathway to the entrance with enclosed gate.
To the side of the property there is a very large garden laid to lawn with a wooden shed, enclosed by wooden fencing, the garden can be accessed from the front and the back of the property.
There is residents car parking at the front of the property. Location - The area benefits from nearby amenities including many retail shops, fuel station and playing field.
The property is well connected by footpaths to different areas of the City and is also within walking distance of two primary schools and has a regular bus service to Hereford city.
The more comprehensive amenities of Hereford City are less than 1 mile away.
Services - All mains services are connected to the property Broadband - Standard14 Mbps1 MbpsGood Superfast80 Mbps20 MbpsGood Ultrafast1800 Mbps220 Mbps Good Networks in your area - Openreach Indoor & Outdoor Mobile Coverage - Anti-Money Laundering Regulations - In accordance with The Money Laundering Regulations 2007, Cobb Amos are required to carry out customer due diligence checks by identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source.
At the point of your offer being verbally accepted, you agree to paying a non-refundable fee of £20 +VAT (£24.00 inc. VAT) per purchaser in order for us to carry out our due diligence.
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 Priory Place, Hereford
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