4-bedroom detached house · HR1 3JG
For saleListed 46 days
Opportunity summary
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About
SITUATION The village of Ullingswick, in the heart of the Herefordshire countryside, with its Norman church, is situated some 10 miles south of Leominster and 8 miles southwest of Bromyard.
There are excellent road connections to Ledbury, the M50, Malvern and the City of Hereford. Schools in the area abound and the local primary school is close by at Burley Gate.
THE PROPERTIES The National Heritage register lists The Steppes, as it is known today, as Steps Farmhouse and records that it is an 18th Century Grade II listed building.
The house was ympathetically restored in the early 1980’s. Today The Steppesis an exciting opportunity for someone to live in a pretty part of Herefordshire.
THE STEPPES FARMHOUSE The Steppes Farmhouse overlooks the courtyard and back from the village lane.
The drive leads down amongst the buildings where there is ample car parking and scope to create more parking beside the farmhouse.
A flagstone path from the lane leads to the covered front door into the flagstone floored Hall, main staircase, door to the cellar and shuttered door opposite through to a glazed porch and back door.
Off the hall is a Sitting Room with fitted shelves and wood burning stove and a Study (recently used as a Bedroom) and an adjoining room with a walk-in shower.
The Dining Room and Kitchen are the oldest parts of the house both with remarkable features. The Dining Room has beamed ceilings, a stone fireplace with oak bressummer and a built-in oak cupboard.
The Kitchen has Indian slate floors, the back staircase, a fireplace, fitted units including a Rangemaster, original bread oven, sink and the boiler, as well as a glazed porch and back door.
The Cellar was the original dairy and was converted into a sitting room with a bar when the house was a small country house hotel.
There is a stone fireplace with a wood burner, cobbled and flagstone flooring, a bar and doors out into the garden.
On the first floor, the principal bedroom with its own dressing room and ensuite bathroom is off the small landing.
There are two further bedrooms, a bathroom and a study area which with its mezzanine floor above, can easily be converted back into a bedroom.
The pretty gardens of the house surround two sides and include the original well and pump.
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.
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FAQ
About The Steppes, The Stonehouse, Ullingswick, Herefordshire
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